Franchises

SENATORS' NEW YEAR'S RESOLUTION? MAKE MORE MONEY NEXT SEASON

12.19.1997

          Senators Chair Rod Bryden said that the team, which is
     coming off losses of between C$30-35M over two years, "will
     be in a position to make money next season," according to
     Jeff Blair of the Toronto GLOBE & MAIL.  But the Senators
     will do it "without any infusion from new corporate owners"
     since a hunt for new investors "has come up dry."  At a
     meeting yesterday, Bryden offered the club's limited
     partners a chance to convert their partnership units into
     shares in a corporation (GLOBE & MAIL, 12/19).

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