Group Created with Sketch.
Volume 24 No. 112

Franchises

          In order to boost attendance for Saturday's game
     against the Warriors, the 76ers will give away 5,000 Beanie
     Babies to children 12 and younger on a first-come, first-
     served basis (PHILADELPHIA INQUIRER, 1/16)....The Patriots
     will play the Cowboys in an exhibition game in Mexico City
     in late July (BOSTON GLOBE, 1/15)....In N.Y., Bill Madden
     reports that NYC Mayor Rudy Giuliani and Mets President Fred
     Wilpon have discussed plans to relocate the Mets'
     Pittsfield, MA, rookie-league affiliate to Coney Island. 
     The team "would be the centerpiece of a proposed
     multimillion-dollar sportsplex" (N.Y. DAILY NEWS, 1/16). 

          The NHL's anticipated approval tomorrow of the $195M
     sale of the Islanders to a new investment group "has been
     thrown into doubt," according to sources of Riley, Smith &
     Moritsugu of NEWSDAY.  Two "insiders" said that the snags
     stemmed from "difficulties" Steven Gluckstern "is having in
     finalizing a deal to sell his half-interest" in the Coyotes
     to partner Richard Burke.  The sources added that "[f]ailure
     to consummate that deal" would prevent Gluckstern from being
     a 40% partner with Howard Milstein, Steven Ross and investor
     Daniel Doctoroff in the Islanders investment group.  Riley,
     Smith & Moritsugu: "Amid a welter of conflicting
     information, it was unclear whether the last-minute problems
     were minor hangups, a negotiating ploy or a major
     roadblock."  Islanders Owner John Pickett, asked if the deal
     had hit a "major snag": "You're misinformed."  Gluckstern
     and Milstein would not comment (NEWSDAY, 1/16).  

          The NV and NM-based Maloof family has bought a 24%
     share in the NBA Kings, Monarchs and Arco Arena, according
     to Gary Delsohn of the SACRAMENTO BEE.  The deal, worth
     $37.5M, "fulfills a dream" of the four sons of late Rockets
     Owner George Maloof, who have wanted "to re-enter the pro
     sports fraternity" after they sold the Rockets upon their
     father's death in '80.  Gavin Maloof, on the sale of the
     Rockets: "That was not one of our smarter decisions."  The
     Maloofs said it's "nothing but speculation" about whether
     they will seek to exercise options contained in the deal to
     "buy out" Kings Managing General Partner Jim Thomas and
     other partners (SACRAMENTO BEE, 1/15).  In Las Vegas, Matt
     Jacob wrote that the Maloofs' announcement "immediately
     triggered speculation that the Kings would abandon
     Sacramento and possibly move to Las Vegas" (REVIEW-JOURNAL,
     1/15).  But Joe Maloof said that they have "no plans" to
     move the Kings, but "would like" the team to play "a few
     games" at The Pit in Albuquerque, NM (SACRAMENTO BEE, 1/15).
     In Las Vegas, Matt Jacob reported that as part of the deal
     with the Kings, the Maloof-owned Fiesta casino "can no
     longer book NBA games" (L.V. REVIEW-JOURNAL, 1/15).