July 3, 1998 |
Red McCombs, the former owner of the San Antonio Spurs, was chosen as the Minnesota Vikings' new owner Thursday and will keep the NFL franchise in Minnesota. With a bid that blew away local favorite Glen Taylor, several other bidders and the 10 current owners, McCombs agreed to buy the Vikings for about $250 million. That was $50 million more than Tom Clancy's failed bid earlier this year, and about $30 million more than the offer turned in by Taylor.
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.
December 22, 1985 |
Those much-maligned mischief makers with a badger's face and a weasel's body have been getting a bum rap, say a growing number of ferret fanciers. In fact, the smelly little relative of the European polecat, which was largely unwelcome in the United States until recent years, may be the hottest new pet of the '80s. The ferret fanciers have created a multimillion-dollar industry. "They're the ultimate pet," said Marcus Schneck, 29, of State College, who owns two ferrets.
March 8, 2011 |
The NFL and NFL Players Assn. participated in almost 10 hours of negotiations Tuesday ? their longest of 13 mediation sessions ? and emerged still far apart on their biggest issue: how to divide the league's $9 billion in annual revenue. Owners, who currently get $1 billion off the top before the remaining money is divided, are seeking an additional $1 billion to help cover such investments as new stadiums, emerging media opportunities and international initiatives. The players are resistant to changing the current system, and have been unyielding in asking owners to open their financial books.
August 4, 1986 |
USFL owners, angered and confused in the wake of a federal court jury's award of just $3 in damages from the NFL, will have to stand together when they meet today or the league could fold. Commissioner Harry Usher, whose league sought $1.69 billion in an antitrust action against the NFL, says he envisions owners taking one of three courses of action. They could cease operations, suspend them for one season or begin their fourth year of play--first in the traditional fall season.
April 25, 1985 |
The seven-acre Playa del Rey Stables has been ordered to leave its Culver Boulevard site, and the owners of some of the 90 horses boarded there say they may have to destroy their animals if new homes cannot be found. Summa Corp., which owns the land, last month sent an eviction notice that ordered the stables at 315 Culver Blvd. vacated by Sept. 1.
April 3, 1993 |
Ed Lynch, San Diego Padre farm director, poked his head into Joe McIlvaine's office, looking frantic. "Joe, you better get going," Lynch said, glancing at his watch to accentuate his point. "It's already after 6." "I know, I'll be there, Ed." "Joe, the party starts at 6:30, and it's a good 20-minute ride from here. You don't want to be late." "Don't worry, you go on ahead. I'll catch up with you there."
March 20, 2011 |
Question: It doesn't matter what the law says, our board's attitude is "You don't like it, sue us. " Owners are prevented from attending meetings because our board says the governing documents don't specifically state that owners can attend. They prevent us from obtaining requested documents. They ignore homeowners' letters. Our association fees keep rising without plausible explanation. Owners can't get copies of the full insurance policies, just half-baked summary sheets devoid of information.
April 12, 2011 |
Pioneering Internet television service Hulu recently celebrated its third anniversary in a fitting locale: under the roller coaster at the Santa Monica Pier. Hulu has reached a dizzying level of popularity among users by offering easy and free online access to episodes of hit TV programs. But the site's soaring success has induced stomach-churning paroxysms for its owners, Walt Disney Co., News Corp. and NBCUniversal. Now the website faces changes that could curtail its trove of offerings or require users to pay for episodes they currently watch for free.
March 23, 2014 |
Question: Our association board allows the manager to control all the homeowners association notices that owners are supposed to get. The manager picks and chooses who will receive notice of meetings, elections and other important issues. Sometimes she puts these vital notices in a locked glass case, way at the other end of our huge complex, takes a picture of them as proof the notices were put up, then orders the security guards to remove those same notices from the case after the snapshot.