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Herb Kohl Sells Bucks To Hedge Fund Execs For $550M, Team Likely Staying In Milwaukee

04 / 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...

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Tags: Franchises, NBA, Milwaukee Bucks

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Blackhawks Raise Season-Ticket Prices By About 8%

The Blackhawks "will raise season ticket prices" by an average of 8% next season, marking the team's "fifth straight year of boosting the price of admission" for games at United Center, according to Danny Ecker of CRAIN'S CHICAGO BUSINESS. Season-ticket prices for '14-15 "start at $42 per game for t ...

Tags: Chicago Blackhawks, Franchises

Browns' Scheiner Talks Uniforms, Offseason Shakeup

Browns President Alec Scheiner does not anticipate the reaction to the team's new Nike uniforms set to be unveiled in '15 to be "quite as severe" as those of the Buccaneers, but he "isn't expecting universal accolades, either," according to Kevin Kleps of CRAIN'S CLEVELAND BUSINESS. Scheiner  " ...

Tags: Franchises, Cleveland Browns

Astros Hoping For Quick Turnaround

Astros Owner Jim Crane yesterday "made it clear he believes the Astros have to be better in 2014 than they were a year ago," according to Evan Drellich of the HOUSTON CHRONICLE. Crane said, "We do not want to lose 100 games. That would not be good. We think the team's good enough to be very competit ...

Tags: Franchises, MLB, Houston Astros

Jerry Jones Discusses Management Style

Cowboys Owner Jerry Jones is "not as intrusive and overbearing as most portray," although he admits he has "taken a more active role these last two years with head coach Jason Garrett," according to David Moore of the DALLAS MORNING NEWS. Jones concedes he "listens to those outside the organization ...

Tags: Franchises, Dallas Cowboys

Heat's Arison Interested In Buying Marlins

Heat Owner Micky Arison since last year has "expressed interest in buying the Marlins" from Owner Jeffrey Loria, according to an MLB source cited by Barry Jackson of the MIAMI HERALD. But Loria "isn't interested in selling." Arison has "informed the Marlins of his interest on more than one occasion ...

Tags: Miami Marlins, MLB, Franchises

Twins Airing Ad Poking Fun At Themselves

The Twins last week released a TV ad that will air through Spring Training into the regular season in which team execs "not only acknowledged their struggles, they were brutally honest about them," according to Mark Townsend of YAHOO SPORTS. A boy in the ad states, "Even though the Twins have been s ...

Tags: Minnesota Twins, Franchises

Rutherford Likely As As 'Canes GM

Hurricanes President & GM Jim Rutherford is “expected to give up” his duties at the end of the season, according to Chip Alexander of the Raleigh NEWS & OBSERVER. Rutherford today said that he did “not want to comment on his situation with the team or any potential changes ...

Tags: Franchises

MLB Franchise Notes

In Philadelphia, Chris Hepp noted the Phillies for the "second season running … are heading toward opening day at home with seats still to fill.” The team is “looking at a significant drop in season-ticket sales, as well.” Phillies VP/Sales & Ticket Operations John Weber ...

Tags: Franchises

Seahawks, MLS Sounders Set To Cut Business Ties

The Seahawks and MLS Sounders on Thursday jointly announced that the Sounders' business operations will become independent, effective April 30. The Sounders will move business operations and full-time business staff to the Pioneer Square neighborhood, while team operations and practice facilities wi ...

Tags: Seattle Seahawks, Franchises, Seattle Sounders, Vulcan Ventures

Packers' Murphy Says No Plans For Expansion

Packers President & CEO Mark Murphy has been "integral in the Packers remaining among the NFL's elite both on the field and off" during his six years in the role, according to Rob Reischel of the MILWAUKEE JOURNAL SENTINEL. Murphy said the 7,000 seats added to Lambeau Field prior to the '13 seas ...

Tags: Franchises, NFL, Green Bay Packers

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