March 4, 1994 |
A Hollywood producer who is heir to a multimillion-dollar publishing fortune has offered to buy the Philadelphia Eagles for $185 million, the highest price ever offered for a National Football League franchise, sources familiar with the proposed deal said yesterday. Miami car dealer Norman Braman, who bought the Eagles for $65 million in 1985, is seriously considering the offer from Jeffrey Lurie of Beverly Hills, Calif., who has tried four times in the last two years to buy an NFL franchise and failed for one reason or another.
January 5, 1995 |
Dick Vermeil has decided that he wants to return to the Eagles as head coach and general manager, and he plans to meet today or tomorrow with owner Jeffrey Lurie to see if a deal can be struck, two sources close to Vermeil said last night. Lurie, who has been courting the former Eagles head coach for weeks, was expected at the Eagles offices at Veterans Stadium sometime today after returning from a Florida vacation and from completing the purchase of a house in the Philadelphia suburbs.
March 30, 1994 |
Eagles owner Norman Braman is very close to signing an agreement to sell the team to Hollywood producer Jeffrey Lurie for an estimated $185 million, sources close to the Eagles said yesterday. The agreement of sale has already been reviewed and approved by senior NFL executives and could be signed as early as tomorrow or Friday, pending Braman's final approval of minor financial items, the sources said. "This is a transaction that will happen," said one source close to the Eagles who asked not to be identified.
April 8, 1994 |
After nearly 48 hours of gag orders, conjecture and wondering out loud, it's time to try to answer lingering questions about the $185 million sale of the Eagles to Hollywood producer Jeffrey Lurie. While the NFL works to approve the sale, Lurie will be confronted with several pressing issues - how to restructure the front office, whether to keep the coaching staff, how to deal with free agency, and how to reverse Norman Braman's long-term erosion of the public confidence in the organization.
August 1, 1998 |
Jeffrey Lurie isn't about to call the glass half-empty. Still, the always-optimistic owner of the Eagles acknowledged yesterday that his club's glass isn't quite as full as he'd hoped it would be in the fifth year of his stewardship. "I don't see the closeness to us winning the Super Bowl," Lurie said. "Any team that went 6-9-1 and thinks they're on the verge of winning the Super Bowl - well, maybe they are. But I'm a practical person, a realist. "There are a lot of teams with 8-8 talent.
April 1, 1994 |
Jeffrey Lurie is eager to buy the Eagles. Owner Norman Braman is in no particular hurry to sign on the dotted line. As this cross-continent melodrama drags into its fifth week, Braman decided yesterday to use the long Easter weekend to comb through the terms of the record $185 million sale, frustrating Lurie, his high-priced lawyers and his bank for another day. In other words, the Miami car dealer who has made a national reputation as...
February 5, 1995 |
At about 2:45 a.m. on Wednesday, sitting in a hospitality suite at Turnberry Isle Resort in luxurious Aventura, Fla., about 10 miles north of Miami, Eagles owner Jeffrey Lurie rose from his chair to shake the hand of Ray Rhodes. Rhodes, a stout man of few words except when it comes to the game of football, looked at Lurie for a moment and then surveyed the room. His inquisitors were all there - Lurie and his wife, Christina; Jeff Auerbach, Lurie's Hollywood buddy, who runs the Eagles' business operations; and Joseph Banner, Lurie's boyhood chum and cautious alter ego. These four NFL neophytes had just spent nearly four hours questioning a man who had spent all of his adult life in the insular, fraternal world of pro football.
June 11, 1997 |
Jeffrey Lurie reached up to put an Eagles cap on first-round pick Jon Harris. The power forward-size defensive lineman from Virginia, who signed a five-year contract yesterday, bowed slightly to meet his new employer halfway. "I feel like David Stern at the NBA draft," Lurie said. The owner's good humor was understandable. Not so long ago, the signing of an Eagles first-round draft choice was more likely to take place in August, after weeks of rancorous public posturing. Now, the only posing was for the photographers assembled at the Veterans Stadium news conference.
March 31, 1994 |
Don't fret, Eagles fans. When he buys the team for $185 million, Hollywood producer Jeffrey Lurie will have plenty of money left to invest in players, facilities and the front office to keep the Eagles a strong force in the highly competitive NFC East. That's what Lurie's Boston-based financial adviser, Ed Rudman, said yesterday, confirming that the sale of the team by Norman Braman, a Miami car dealer, was imminent. "The people of Philadelphia will not have to worry," Rudman said.
April 10, 1994 |
How much is a pro football team worth? The bottom line, of course, is that it's valued the same way everything else is: It's worth what people are willing to pay for it. So if film producer Jeffrey Lurie wants to ante up $185 million for the Philadelphia Eagles, $25 million more than has ever been paid for a football team, maybe that's what it's worth. A cool $185 million may seem like an awful lot of money, but people who study the business side of professional sports franchises say values have been moving up fast, and will continue to do so. "Values are clearly moving in that direction," said Timothy Mueller, the director of sports-industry consulting for the KPMG Peat Marwick, the consulting and accounting firm.