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Volume 24 No. 115


     Malcolm Glazer's purchase of the Buccaneers for $192M sent
shock waves "throughout the North American sports community," as
the worst-ever NFL team was sold for the highest price of any
professional sports team in history.  FINANCIAL WORLD's Managing
Editor Paul Brown says Glazer overpaid by $50M: "But Economics
101 tells you the worth of anything is what somebody is willing
to pay for it.  And you've got a lot of rich guys walking around
with money burning a hole in their pockets."  The sale will boost
franchise values in every sports, according to Brown: "This sale
transcends sports. ... If I own the [Blue] Jays, I point out the
Tampa Bay sold for 30 per cent above its appraised value and make
the argument that it's worth $200 million."   Brown estimated the
Dallas Cowboys value jumped from $190M to $290M    "If I'm
(Dallas Cowboys) owner Jerry Jones, I buy a case of champagne"
(Tim Harper, TORONTO STAR, 1/18).

     The Rams move affects the Raiders on "several fronts."  Most
notably, with a stadium.  Raiders Owner Al Davis may be "able to
use the loss of the Rams as leverage to better guarantee that"
current negotiations on a new facility are successfully
concluded.  Davis has held talks about a stadium at Hollywood
Park in Inglewood and the league had "already been working for
some time to keep the team here."  If the team reaches an
agreement, they could stay at the L.A. Coliseum for the interim,
or move to Anaheim, where Davis could take advantage of luxury
seating the Coliseum lacks.  A Raider official also noted
yesterday that the club might increase "its advertising effort in
Orange County to attract disenfranchised fans there."  The
Raiders will also benefit from being the only team covered by
local print and electronic media (Steve Springer, L.A. TIMES,

     The long-awaited announcement of Rams' move to St. Louis was
made yesterday at the America's Center Convention complex in
downtown St. Louis.  "It was part celebration, part pep-rally,
part theater.  And Rams Owner Georgia Frontiere ... stole the
show," according to Jim Thomas in this morning's ST. LOUIS POST-
DISPATCH.  Frontiere, a St. Louis native: "I'm so proud to be
able to come home after this long journey in my life."  She was
introduced with Columbia, MO, businessman Stan Kroenke who
finalized his purchase of 30% of the team for $60M.  The
unprecedented deal, outlined in yesterday's SPORTS BUSINESS
DAILY, virtually guarantees the Rams a annual $20M pretax profit
for a team that lost over $6M last year.  Former Sen. Tom
Eagleton, spokesperson for FANS, Inc., the civic group who
negotiated the move, said the city must now "put up or shut up,"
as it faces a March 10 deadline to sell 40,000 permanent seat
licenses, or the Rams can void the deal.  Yesterday, the two
public phone numbers to FANS, Inc. were "swamped" all day, and
Eagleton said more phone lines and operators will be installed
soon (Jim Thomas, ST. LOUIS POST-DISPATCH, 1/18).  The relocation
must be approved by 23 of the league's 30 owners at the NFL
league meetings in March in Phoenix.  Vikings President & CEO
Roger Headrick told the L.A. TIMES that the vote was no "sure
thing":  "One of the things you have to look at is the reasons
they lost money there" (Mike DiGiovanna, L.A. TIMES, 1/18).
Giants Pres Wellington Mara: "I am very unhappy ... of one of our
teams leaving one of the largest markets in the country."  Chiefs
Owner Lamar Hunt: "I'd rather see stability.  The Rams have been
in California for years" (Lorraine Kee, ST. LOUIS POST-DISPATCH,
1/18). Frontiere was confident of approval: "Most of the owners
have had problems of their own.  They all realize the predicament
I've been in" (Michele Himmelberg, ORANGE COUNTY REGISTER, 1/18).
     LOCAL REAX:  In St. Louis, Bernie Miklasz writes: "We lost a
football team seven years ago, and no one felt sorry for St.
Louis.  ... Orange County defaulted on its team" (ST. LOUIS POST-
DISPATCH, 1/18). Bob Oates of the L.A. TIMES writes: "Has L.A.
degenerated as a sports town?  No ... The Rams aren't walking
away from something bad.  They're headed for something better --
millions of dollars in luxury box revenues" (Bob Oates, L.A.
TIMES, 1/18).  Bob Keisser of the Long Beach PRESS-TELEGRAM
writes: "In many ways, the Rams move behooves the NFL cartel.
One team here might prop up TV ratings for everyone" (Long Beach
PRESS-TELEGRAM, 1/18). Mike Downey of the L.A. TIMES blames poor
management on the Rams departure: "Management -- and I use this
word loosely   -- of the Rams tore down this team, piece by
piece. ... This team that has been so completely mismanaged is
St. Louis' problem now and wait until the suckers they get stuck
paying the tab" (L.A. TIMES, 1/18).
the ORANGE COUNTY REGISTER's Michele Himmelberg, who has covered
the Rams' move from the start.  Himmelberg noted the team and
city have been at odds since the Rams moved South from the L.A.
in '80: "It's a bad marriage that's just gone sour and the $30
million payment back to Anaheim is the divorce settlement."
Himmelberg believes the city of Anaheim had no chance to keep the
team without support from surrounding communities: "What the city
of Anaheim has learned, and what Orange County has learned
through this whole process, is that it's too hard for [a area
that size] to stay in the professional sports market anymore."
She cited the team's lack of community involvement and poor on-
field performance, which created a loser at the box office.  When
asked whether these tactics could have been planned by the Rams
to pave their way out of town, Himmelberg responded: "It looks
suspicious."  However, Himmelberg said Rams fans "have really put
together a remarkable effort and have gotten a steady flow of
support" in an attempt to keep the team, and if they lose the
Rams, they may use their organization to lure an existing
franchise.  Himmelberg mentioned the Raiders, Browns and
Cardinals as possible future tenants in Anaheim (THE DAILY).

     Save the Rams, the civic group trying to keep the Rams in
Southern CA, said yesterday that they intend to lobby team owners
in an attempt to garner the eight "no" votes necessary to block a
Rams move.  Their "two-pronged attack" includes lobbying NFL
Commissioner Paul Tagliabue with a presentation outlining an
offer to the Rams that "could be worth" $22M in annual profits to
the team.  The presentation would also include appearances by
politicians and "impressive people" will to "buy all or part" of
the team.  Another part of the plan is to show the league owners
that the team made "a series of deliberate moves to undercut
their fan base" (Michele Himmelberg, ORANGE COUNTY REGISTER,
1/18).  Steinberg hinted he could "stop" the move through
Frontiere's "lack of desire to go through litigation": "Georgia
is no Al Davis.  She's not going to go through all that" (Mike
DiGiovanna, L.A. TIMES, 1/18). Rams President John Shaw called
any attempt to stop the team's move "a longshot" (Andre Mouchard,