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April 29, 2011 | By Bill Shaikin
The owners of the 29 other major league clubs could be stuck paying the Dodgers' bills very soon, the team's vice chairman said Friday. "If I'm an owner in Kansas City or Washington, the last thing I want to do is to put $1 million a month into the Dodgers when there's $3 billion sitting in the bank," Vice Chairman Steve Soboroff said. With Commissioner Bud Selig taking no action on a proposed long-term television deal with Fox valued by the Dodgers at $3 billion, Dodgers owner Frank McCourt needed to get a $30-million loan to meet the April payroll.
May 11, 2013 | Sandy Banks
The teenager showed up in a panic on Thursday, cradling a wounded puppy in arms spattered with blood. A stray dog had attacked his 2-month-old pit bull on a walk near their South Los Angeles home. The city animal shelter nearby was the only place he knew to go. He ran over to Amanda Casarez, pleading for help. She took one look at the puppy's bloody gash and pulled out her cellphone. Within hours the pup was in surgery, the vet bill guaranteed by strangers from a pool of volunteers working with Downtown Dog Rescue, which sponsors an intervention program at the shelter.
December 5, 2012 | By Helene Elliott
NEW YORK - A long day of negotiations between players and owners and a meeting of the NHL's Board of Governors on Wednesday produced an agreement on how to split one kind of pie: the thin-crust pizza delivered to hungry reporters at about 11 p.m. by Steve Fehr, special counsel to the NHL Players' Assn. How they will split the financial pie remains in dispute, but people familiar with the discussions said the talks had gained traction through earnest efforts by both sides. However, a new collective bargaining agreement had not been forged after players and owners met separately and jointly over about 10 hours at a Manhattan hotel, breaking up about 1 a.m. Eastern time.
September 13, 2012 | By Lisa Dillman
Gary Bettman didn't require a secret ballot — or any kind of vote, for that matter — to receive an authorization to lock out NHL players if there is not a new collective bargaining agreement in place when the current one expires at 8:59 p.m. Pacific time Saturday. However, the longtime NHL commissioner, perhaps anticipating media questions about owner unanimity, said he asked for such a motion from the Board of Governors. "A [show of hands] vote was taken and it was unanimous," said Bettman said Thursday in a media briefing in New York.
July 14, 2010 | By Sam Farmer and David Wharton
To many team owners and sports executives outside of baseball, George Steinbrenner was more than the top man at the New York Yankees. He was the quintessential New York model. "He turned the Yankees into the New York Yankees Corporation," said Eddie DeBartolo, a close friend of Steinbrenner's and former owner of the San Francisco 49ers. "He put them in a place beyond anybody's reachability. It transcended baseball." Steinbrenner, who died Tuesday of a heart attack, headed a small group of investors who bought the struggling Yankees from CBS in 1973 for roughly $10 million.
January 26, 2014 | By Lew Sichelman
It's one thing to manage a rental house when it's nearby. But it's another process entirely when the rental is in a distant vacation retreat. Unfortunately, many second-home buyers find that out the hard way. According to a survey by HomeAway, an online marketplace for vacation rentals, owners spend an average of 8.6 hours a week managing their properties. That's one full workday a week. And even then, it's doubtful that the typical owner can market his vacation pad, maintain it and do all the other things necessary to have a successful rental regime.
June 7, 2001 | From Times Staff Reports
Newport Beach residents Bob and Beverly Lewis, owners of Kentucky Derby and Preakness winner Silver Charm, have donated $10 million to their alma mater, the University of Oregon. The gift will set up the Robert and Beverly Lewis Neurosciences Center and help the university launch its interdisciplinary Brain, Biology, Machine initiative. The couple own a beer distributorship in Pomona and Lancaster. The Lewises met at Oregon in the late 1940s.
June 12, 1986 | Associated Press
A $7.5-million offer was placed on the bargaining table by National Hockey League owners Wednesday for post-career counseling and severance pay. The sum is one-half of what Alan Eagleson, executive director of the NHL Players Assn., had requested from the owners. "It's a start," Eagleson said following the second day of a three-day session between owners' and players' representatives delegated to come up with a contract to replace the one that expires Sept. 15.
February 18, 2011 | By Broderick Turner and Baxter Holmes
The NBA players' union and the team owners are far apart in their labor dispute, having failed to strike a compromise in two years of on-and-off bargaining. Their latest meeting, a two-hour session Friday afternoon at a Beverly Hills hotel, was the first since November. It appeared to produce no meaningful progress toward a new collective bargaining agreement that would prevent a potential lockout after the old one expires June 30. "I'm going to tell my guys to prepare for a lockout," Billy Hunter, executive director of the NBA Players Assn.
September 26, 1987
Why is it that when sports' teams' owners "get together" to protect their interests, it's collusion ? When the players "get together" to protect their interests, it's strategic labor negotiations ? TOM BOKARAE Huntington Beach
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