Herb Kohl Sells Bucks For $550M Kohl Praised For Dedication To Milwaukee Arthur Blank, Atlanta Officially Awarded MLS Team Raptors Unveil New "We The North" Campaign NBA Kings Reaping Benefits Of New Owners Franchise Notes Bruins, Celtics Headed In Opposite Directions How Key NBA Storylines Played Out This Year NBA Franchise Notes Mariners Financials Strong Despite Play
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Herb Kohl Sells Bucks To Hedge Fund Execs For $550M, Team Likely Staying In Milwaukee04 / 17 / 14
N.Y.-based Fortress Investment Group co-Founder Wesley Edens and Avenue Capital Group Chair & CEO Marc Lasry have "agreed to buy" the Bucks for $550M from Herb Kohl and to dedicate at least $100M to "construction of a new arena" in Milwaukee, according to Sean Ryan of the MILWAUKEE BUSINESS JOUR...
Maple Leaf Gardens, Ltd., which owns the Leafs, will need the team to go far into the playoffs in order to "whittle down" a projected $1.9M loss this year. The company lost $3.3M for the 2nd Q ended D
ITT Corp. said it has reached a "general understanding" with NHL and NBA officials to "eventually stop taking sports bets at Caesars Palace and its other Nevada casinos," according to this morning''s
The Red Wings fans and season ticket holders are "exhibiting the bad taste the lockout has left in their mouths," according to Cynthia Lambert of the DETROIT FREE-PRESS. Lambert looks at the Red Wings
Patriots Owner Robert Kraft, "distressed" to find his comments on the state of his franchise on the front page in the BOSTON GLOBE on Sunday, said he gave no "ultimatum" for the state to help his team
The Sharks will hold their first ever Sharks Fan Fest on Sunday, March 12 at the San Jose Arena. In what the team bill''s as an "interactive extravaganza," 6,000 fans will have the chance to interact
"The end of a season generally is dictated by lack of performance. The Hartford Hellcats'' season ended Monday because of a lack of money," according to Roy Hasty in this morning''s HARTFORD COURANT.
A random "straw poll" taken during Super Bowl week in Miami showed most NFL owners reluctant to take a position on the Rams move to St. Louis. "A handful refused to respond. A majority declined to com
On Saturday, ESPN noted a story in the ST. PAUL PIONEER PRESS that Vikings coach Dennis Green and assistant coach Richard Solomon were named in a 1993 lawsuit "alleging the coaches participated in sex
The CBA''s Hartford Hellcats'' season could end today unless the Connecticut Development Authority (CDA) "advances enough money to sustain the franchise," according to Roy Hasty in this morning''s HAR
In a deal that is promised to bring "sweeping changes" to the Heat, the Arison family Friday bought out managing partners Lewis Schaffel and Billy Cunningham for an estimated $60M. The deal still requ