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NBA close to buying Hornets

In an unprecedented move, the National Basketball Association is close to buying the New Orleans Hornets in an attempt to keep the team afloat after a sale of the team to Gary Chouest fell through....

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New Coyotes owner in it for long haul

Matthew Hulsizer admits investing $165 million or so in the Phoenix Coyotes (NHL) may not be the best investment he’s made, but the former Amherst College captain says he’s willing to lose money in the...

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Stern confirms NBA takeover of Hornets

NBA Commissioner David Stern made it official today: the NBA will indeed move ahead with a purchase of the New Orleans Hornets from George Shinn and Gary Chouest, giving the league power over where the...

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Jindal swats down talk of state subsidies for Hornets

Louisiana Gov. Bobby Jindal says there’s no way state services will be cut in order to increase state subsidies for the New Orleans Hornets (NBA) and argues the best way to keep the team is for fans to...

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Next up for the NHL: The Atlanta Thrashers

With attendance next to last and an ownership group clearly uninterested in running a hockey franchise, the next project for the NHL seems to be solving the ongoing problem that is the Atlanta...

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Glendale proposal: pay Hulsizer $197M to run $170M team

Either Matthew Hulsizer is the greatest negotiator on the face of the earth or Glendale officials are extremely desperate to keep the Phoenix Coyotes (NHL) at Jobing.com Arena, as the latest lease...

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Could lawsuit sink Glendale arena deal?

The Glendale (Az.) City Council is expected approve a Jobing.com Arena lease where the city pays potential Phoenix Coyotes (NHL) owner Matthew Hulsizer $197 million to operate the team. Could legal...

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Crosby not buying Halifax Mooseheads: Bobby Smith

Former Minnesota North Stars and Montreal Canadiens star Bobby Smith shot down rumors that Sidney Crosby was interested in buying the QMJHL’s Halifax Mooseheads, saying the team was not for sale. An...

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Glendale approves Coyotes lease

After a contentious meeting that lasted will into the night, the Glendale City Council approved a $197-million deal that will keep the Phoenix Coyotes (NHL) in Jobing.com Arena through 2040. Under the...

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Goldwater Institute: We still oppose Coyotes lease

Arena-management fees and a financing plan for Matthew Hulsizer to buy the Phoenix Coyotes from the NHL are still under debate in Glendale, as reps from the Goldwater Institute continue their fight to...

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Mango Media Group Buys Norfolk Admirals

Mango Media has purcashed the Norfolk Admirals from the Oilers Entertainment Group. Mango Media, an organization founded by the New York-based Chestnut Holdings, says it intends to keep the Admirals...

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