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SPORTS
March 28, 2012 | By Don McKee, Inquirer Columnist
Magic Johnson made the biggest score of his career late Tuesday night when Dodgers owner Frank McCourt announced an agreement to sell the team for $2 billion to a group including the former Lakers star. The price would be a record for a North American sports franchise. Mark Walter, chief executive officer of the financial services firm Guggenheim Partners, would become the controlling owner. The group includes former Braves and Nationals president Stan Kasten. As part of the agreement, McCourt, who in 2004 paid $430 million for the team, and "certain affiliates of the purchasers" would acquire the land surrounding Dodger Stadium for $150 million.
SPORTS
September 28, 2012
The Boston Red Sox honored some of their great players on the field as members of the "All Fenway Park Team. " The pregame ceremony Wednesday night capped a year of celebrations for the ballpark's 100th anniversary. Second baseman Dustin Pedroia and designated hitter David Ortiz were the only players from this year's team on the 40-man roster. Also among the two dozen attending the ceremony were Carl Yastrzemski, Fred Lynn, Carlton Fisk, Pedro Martinez, and Roger Clemens. The team was chosen by the fans, historians, and members of the front office staff.
SPORTS
March 28, 2012 | DAILY NEWS WIRE REPORTS
LOS ANGELES Dodgers owner Frank McCourt has announced an agreement to sell the bankrupt team for $2 billion to a group that includes former Lakers star Magic Johnson and former Atlanta Braves and Washington Nationals president Stan Kasten. The agreement, announced Tuesday night about 5 hours after Major League Baseball owners approved three finalists for the auction, is to lead to a transfer of the team by the end of April. It is subject to approval in federal bankruptcy court.
SPORTS
May 3, 2012 | By KERITH GABRIEL, Daily News Staff Writer
THIS EDITION of High and Inside is all about money. Not so much who needs it, but who has it and who likes dishing it out. Let's begin with the Phillies, who moved up four spots from No. 13 to the No. 9 sports franchise with the highest-paid athletes, according to ESPN the Magazine's annual "money issue," which hits newsstands Friday. In a survey that encompassed 14 major professional sports leagues, the Phillies' average salary is $5.8 million. In all, 10 international soccer teams, six NBA teams and four MLB teams compose the top 20 spots.
SPORTS
March 30, 2012 | By Phil Sheridan, Inquirer Columnist
Magic Johnson is a savvy businessman, and he leads the group that just spent more than $2 billion to buy the Los Angeles Dodgers. So which of these things is true? The shock waves from that outlandish sale price are going to reach all the way to the Phillies on the East Coast and across sports to the NFL. More immediately, though, the sale underscores that it is almost impossible to fail financially as the owner of a sports franchise - no matter how awful or incompetent you are. Consider Frank McCourt, a Bostonian who made his personal money by buying cheap South Boston real estate and turning it into commuter parking lots.
SPORTS
October 25, 2012 | Daily News Wire Reports
NOW HOCKEY is coming to Brooklyn. The NHL's New York Islanders have agreed to move to the Barclays Center starting with the 2015-16 season. "Hello, Brooklyn!" Islanders owner Charles Wang said as he made the announcement at a news conference Wednesday. The lease agreement is for 25 years. Officials in nearby Nassau County, N.Y., have struggled for years to come up with a plan to either renovate or build a new arena to replace the Nassau Veterans Memorial Coliseum, which opened in 1972.
SPORTS
June 16, 2012 | Associated Press
OKLAHOMA CITY - Oklahoma City was once just a temporary stop for the NBA. Needing a home after being displaced by Hurricane Katrina, the New Orleans Hornets came to play in a city that was desperate for a major sports franchise of its own. The Hornets eventually went back home, but now Kevin Durant and the rest of the young Thunder might make Oklahoma City an annual summer destination. With a young core and smart management providing a chance for lasting success, there's a good chance this isn't the last time the NBA Finals will be here.
SPORTS
February 19, 2013 | Associated Press
JERRY BUSS built a glittering life at the intersection of sports and Hollywood. After growing up in poverty in Wyoming, he earned success in academia, aerospace and real estate before discovering his favorite vocation when he bought the Los Angeles Lakers in 1979. While Buss wrote the checks and fostered partnerships with two generations of basketball greats, the Lakers won 10 NBA titles and became a glamorous worldwide brand. With a scientist's analytical skills, a playboy's flair, a businessman's moneymaking savvy and a die-hard hoops fan's heart, Buss fashioned the Lakers into a remarkable sports entity.
SPORTS
November 30, 2012 | BY MARK PERNER, Daily News Staff Writer pernerm@phillynews.com
Fifth in a series of 25 THE SETUP: The 76ers made the move into Spectrum in 1967. There was no fanfare, no huge anticipation, no superlatives describing the first structure strictly built to house a professional sports franchise in Philadelphia since 1909. But it was a move that helped make the Spectrum the greatest showplace in America. Without the Sixers' commitment to the arena, there was an excellent chance the arena and the Philadelphia Flyers would never have existed.
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SPORTS
February 20, 2013 | Associated Press
Jerry Buss built a glittering life at the intersection of sports and Hollywood. After growing up in poverty in Wyoming, he earned success in academia, aerospace and real estate before discovering his favorite vocation when he bought the Los Angeles Lakers in 1979. While Mr. Buss wrote the checks and fostered partnerships with two generations of basketball greats, the Lakers won 10 NBA titles and became a glamorous worldwide brand. Lakers games became a nightly happening, often defined by just one word coined by Mr. Buss: Showtime.
SPORTS
December 24, 2012 | By Phil Sheridan, Inquirer Columnist
Philadelphia has never had a day quite like this one. Chances are, we'll never see another one. Except for Connie Mack, no one has coached or managed a professional sports franchise here for anywhere near as long as Andy Reid has led the Eagles. Chances are, no one will last as long as the 14 years Reid presided over the local football team. Children who were starting school when Reid took over are college age now. Bill Clinton, George W. Bush, and Barack Obama have occupied the Oval Office during Reid's tenure.
SPORTS
December 7, 2012 | BY MARK PERNER,, Daily News Staff Writer pernerm@phillynews.com
Sixth in a series of 25 THE SETUP: The Sixers were coming off a 6-year freefall in which their victory total dropped each season. The franchise was on life support and it needed an infusion of vitality. Enter Pat Croce. WHEN IT came to being a pro sports franchise president, Pat Croce was a neophyte. Oh sure, he proved that he was one hell of an entrepreneur, turning his physical therapy business into a $40 million pay day. But his strengths were his boyish charm, his charisma and his persistence.
SPORTS
November 30, 2012 | BY MARK PERNER, Daily News Staff Writer pernerm@phillynews.com
Fifth in a series of 25 THE SETUP: The 76ers made the move into Spectrum in 1967. There was no fanfare, no huge anticipation, no superlatives describing the first structure strictly built to house a professional sports franchise in Philadelphia since 1909. But it was a move that helped make the Spectrum the greatest showplace in America. Without the Sixers' commitment to the arena, there was an excellent chance the arena and the Philadelphia Flyers would never have existed.
SPORTS
October 25, 2012 | Daily News Wire Reports
NOW HOCKEY is coming to Brooklyn. The NHL's New York Islanders have agreed to move to the Barclays Center starting with the 2015-16 season. "Hello, Brooklyn!" Islanders owner Charles Wang said as he made the announcement at a news conference Wednesday. The lease agreement is for 25 years. Officials in nearby Nassau County, N.Y., have struggled for years to come up with a plan to either renovate or build a new arena to replace the Nassau Veterans Memorial Coliseum, which opened in 1972.
SPORTS
September 28, 2012
The Boston Red Sox honored some of their great players on the field as members of the "All Fenway Park Team. " The pregame ceremony Wednesday night capped a year of celebrations for the ballpark's 100th anniversary. Second baseman Dustin Pedroia and designated hitter David Ortiz were the only players from this year's team on the 40-man roster. Also among the two dozen attending the ceremony were Carl Yastrzemski, Fred Lynn, Carlton Fisk, Pedro Martinez, and Roger Clemens. The team was chosen by the fans, historians, and members of the front office staff.
SPORTS
July 23, 2012 | By Jeff McLane, Inquirer Staff Writer
Is it possible that Andy Reid has less pressure coming off a "completely unacceptable" 2011 - Jeffrey Lurie's words, not ours - than he has in previous years? It would seem unfathomable considering last season's "most disappointing" 8-8 record - again, Lurie's words - if the NFL's longest-tenured active coach did not enter his 14th season without some sort of unspoken ultimatum from the Eagles owner. Such as: Win the Super Bowl or you're fired. Reach the NFC championship or you're fired.
SPORTS
June 16, 2012 | Associated Press
OKLAHOMA CITY - Oklahoma City was once just a temporary stop for the NBA. Needing a home after being displaced by Hurricane Katrina, the New Orleans Hornets came to play in a city that was desperate for a major sports franchise of its own. The Hornets eventually went back home, but now Kevin Durant and the rest of the young Thunder might make Oklahoma City an annual summer destination. With a young core and smart management providing a chance for lasting success, there's a good chance this isn't the last time the NBA Finals will be here.
SPORTS
June 11, 2012
In the past, there have been accusations that the Eagles have been so insanely jealous of the goodwill and publicity the Phillies get from the fans that the football team intentionally creates news to take the baseball team off the front pages. But it's a good thing for the Phillies that the Eagles on Thursday decided to push Joe Banner out the door, because the Phils, right now, look like a junior varsity team. They can't hit with any impunity. They kick the ball around.
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