April 29, 2011 |
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 30, 2011 |
CUT OFF AT THE IMPASSE Disputes between players and management threaten the seasons of two premier U.S. pro sports enterprises The NFL is in full lockdown (or lockout) mode; the NBA might follow suit once the Finals are done and its labor agreement expires. Players and team owners in both sports say publicly they want an agreement, but the reality is any accord in either sport may be quite a way down the road. No one has indicated much willingness to give on major talking points, which could mean that for the first time, two major sports could be shut down by labor discord at the same time.
July 14, 2010 |
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.
December 5, 2012 |
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 |
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.
CALIFORNIA | LOCAL
June 7, 2001 |
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 |
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.
August 1, 2011 |
During the economic downturn, spending on pets remained relatively strong -- as long as they were alive. But there are indications that people are choosing less expensive ways of saying goodbye to deceased pets. An increasing number of pet owners are choosing the lower-cost option of cremation rather than burial. Partly, this reflected the rising trend of human cremations, but it was also because of the tight economy, said Mike Detlefsen, president of Pet Haven Cemetery & Crematory in Gardena.
May 20, 2011 |
The list of potential buyers for the Dodgers — should Major League Baseball or a divorce court force a sale — features all the usual suspects. Forbes 400 types who have amassed personal fortunes large enough to afford every sports fan's dream. That includes men such as Eli Broad and Tom Gores, who do not have much experience when it comes to owning a team. The scenario sounds familiar to Robert Kraft, who purchased the New England Patriots in 1994 after years of cheering from the stands.
February 18, 2011 |
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.