SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Wednesday
June 24, 2009
Print This Issue


 
MOST VIEWED STORIES
View the top 20 stories
 
Recent Issues
Franchises

Bettman Tells Koules, Barrie To Determine New Ownership Plan

Barrie Will Not Give Up Right
To Sign Off On Transactions
NHL Commissioner Gary Bettman yesterday demanded that Lightning co-Owners Oren Koules and Len Barrie "work out an ownership structure that eliminates the rancor" between the two, according to Damian Cristodero of the ST. PETERSBURG TIMES. Koules and Barrie met with Bettman in N.Y., and the timetable to determine a new ownership setup is "unclear, though the deadline might be as soon as August." However, it remains "status quo" for now, with Koules as CEO & Governor and GM Brian Lawton as the "point man in the hockey operations department." It also "appears that Barrie, like Koules, must sign off on major transactions." Lawton yesterday said that he was the "tiebreaker between Koules and Barrie." But Barrie then said, "I won't give up the right to sign off on things." No NHL or Lightning execs would comment on yesterday's meeting, and one official said he is under a "super gag order." Hockey HOFer Phil Esposito, who helped Tampa Bay secure an NHL expansion franchise in '91, said, "All I know is it has to be pretty bad for them to be called in by the league. It has to be a lot to do with money, what else could it be? Quite frankly, it's worrisome. It's scary." Cristodero notes how "rights will be distributed in the future remains to be seen," but yesterday's meeting was "another strange trip for a franchise that has seen its share" (ST. PETERSBURG TIMES, 6/24).

POWER STRUGGLE: ESPN.com's Pierre LeBrun cited a source as saying that Lawton will be the "point man for all hockey matters" going forward. The source indicated that during yesterday's meeting it was "agreed that Lawton would handle all contact with player agents and GMs -- in other words, all signings and trades" (ESPN.com, 6/23). The GLOBE & MAIL's Tim Wharnsby cites a source as predicting that Koules will "preserve as the Lightning owner" while Barrie will "fade from the scene as the summer goes on." However, a different source indicated that if Barrie assumes control of the franchise, he "has interest in hiring" former Molson Coors CEO Dan O'Neill to "help him run" the franchise (GLOBE & MAIL, 6/24).


Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
Bettman Sits For Q&A With Maclean's
November 19, 2009 : SportsBusiness Daily

Wild Have Held Winter Classic Talks
November 17, 2009 : SportsBusiness Daily

Hargrove Discusses Ongoing NHLPA Saga
November 16, 2009 : SportsBusiness Daily

NHL Reinstates Ducks Owner Henry Samueli
November 13, 2009 : SportsBusiness Daily

NHLPA Committee To Review Constitution
November 13, 2009 : SportsBusiness Daily

Filings Show Coyotes Lost $5M In Oct.
November 20, 2009 : SportsBusiness Daily

Canucks Criticized For Getting H1N1 Vaccine
November 20, 2009 : SportsBusiness Daily

Panthers Hold Promo For Rink Naming Rights
November 20, 2009 : SportsBusiness Daily

Ticket Package Offered For Flyers, 76ers
November 20, 2009 : SportsBusiness Daily

Blackhawks' John McDonough Profiled
November 19, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.