Iced Tea
9-29-05, 1:14 PM
TSN (http://www.tsn.ca/nhl/news_story.asp?id=138072) says
Report: Blues to be sold to Checketts
TSN.ca Staff
9/29/2005 8:23:06 AM
The St. Louis Post-Dispatch reports that the Blues have signed a letter of agreement to sell the team and the lease to Savvis Center to businessman David Checketts.
Blues President Mark Sauer would not confirm the deal to the paper, which was reportedly consummated Wednesday afternoon.
The NHL Board of Governors has to approve the sale of any franchise in the league.
Checketts, a former NBA executive, was president of the New York Knicks in 1991 and set records for attendance, television ratings and revenue under his watch.
He went on to become president and chief executive officer of Madison Square Garden, the company that owns the New York Rangers, New York Knicks, New York Liberty of the WNBA and Madison Square Garden and the MSG television network.
In September 2001, Checketts founded Sports Capital Partners, a consulting and investment service firm for sports teams.
The Blues were put up for sale by owners Bill and Nancy Laurie on June 17.
Files from the St. Louis Post-Dispatch were used for this report.Glad to see the Lauries out of the NHL. A number of articles I've read about the pair and the entire Vancouver Grizzilies fiasco, don't paint a pretty picture of the two.
Report: Blues to be sold to Checketts
TSN.ca Staff
9/29/2005 8:23:06 AM
The St. Louis Post-Dispatch reports that the Blues have signed a letter of agreement to sell the team and the lease to Savvis Center to businessman David Checketts.
Blues President Mark Sauer would not confirm the deal to the paper, which was reportedly consummated Wednesday afternoon.
The NHL Board of Governors has to approve the sale of any franchise in the league.
Checketts, a former NBA executive, was president of the New York Knicks in 1991 and set records for attendance, television ratings and revenue under his watch.
He went on to become president and chief executive officer of Madison Square Garden, the company that owns the New York Rangers, New York Knicks, New York Liberty of the WNBA and Madison Square Garden and the MSG television network.
In September 2001, Checketts founded Sports Capital Partners, a consulting and investment service firm for sports teams.
The Blues were put up for sale by owners Bill and Nancy Laurie on June 17.
Files from the St. Louis Post-Dispatch were used for this report.Glad to see the Lauries out of the NHL. A number of articles I've read about the pair and the entire Vancouver Grizzilies fiasco, don't paint a pretty picture of the two.