Menu
Franchises

MARINERS WANT KING COUNTY TO BUILD THEM A CASTLE

     In an attempt to persuade King County officials to build a
community-financed stadium, Mariners CEO John Ellis yesterday
disclosed the team's financial statement revealing that the team
has lost between $42-50M over the past three seasons.  At that
rate, Ellis told the King County Stadium Alternatives Task Force,
Mariners owners will lose $50M by 1995.  Ellis contended that the
only way to stem the losses is to build a 45-47,000-seat
baseball-only stadium and to have MLB reach an agreement on
revenue sharing and a salary cap with the players union.  Ellis
further added that if a publicly-financed stadium is not built,
the Mariners would leave Seattle.  Ellis: "I'll tell you if it's
(baseball) gone, you'll know it, and other communities are
standing on their ears [to have a team like the Mariners]."  The
Task Force did not dispute the team's losses, but several members
questioned how the public could pay for a stadium estimated to
cost at least $250M.  Ellis admitted that even if King County
agrees to the stadium, "things might not change" for the team if
a new CBA does not include revenue sharing and a cap (Angelo
Bruscas, SEATTLE POST-INTELLIGENCER, 10/19).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1994/10/19/Franchises/MARINERS-WANT-KING-COUNTY-TO-BUILD-THEM-A-CASTLE.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1994/10/19/Franchises/MARINERS-WANT-KING-COUNTY-TO-BUILD-THEM-A-CASTLE.aspx

CLOSE