Mavericks could be sold any day now, but to whom?
By JAIME ARON
AP Sports Writer
DALLAS (AP) - The Dallas Mavericks could have a new owner any
day. The question is, who will it be?
It could be Ross Perot Jr., son of the former presidential candidate
and the runner-up in bidding to buy the Dallas Stars. The Stars
and Mavericks are looking for somewhere to build a new arena and
you-know-who's son has more than 20,000 acres.
It also could be Tom Hicks, the dealmaker extraordinaire who recently
bought the Stars. As the owner of both teams, he could put them
in whatever arena he wants, wherever he wants.
"I'd say it's 1A and 1B," a source close to the negotiations
told The Dallas Morning News. "(Perot) is the front-runner
because he has been working on this a lot longer. But Tom probably
needs the team more."
Neither Hicks nor Perot immediately returned calls Friday to The
Associated Press. Mavericks officials also could not immediately
be reached.
Don't completely count out media magnate Edward Gaylord, whose
attempted purchase of the Texas Rangers was blocked by major league
baseball less than a decade ago. His Gaylord Entertainment owns
a local television station, TNN-The Nashville Network, Country
Music Television and the Grand Ole Opry.
There also could be a few dark-horse contenders. Just last week,
a team official said there were as many as six serious bidders.
Several of those probably weren't taken seriously because owner
Donald Carter refuses to sell to anyone who'd consider moving
the team out of Dallas-Fort Worth.
Carter paid only $12 million when the league gave him the expansion
franchise in 1979. Sixteen seasons later, he's mulling between
bids of $115 million to $125 million.
Carter, whose fondness for wearing a cowboy hat inspired the team's
logo, doesn't plan to totally divulge himself. He wants to remain
a minority owner, keeping anywhere from 10 to 30 percent.
He's also spoke of opening up ownership to fans by selling as
much as 20 percent of the team to the public through a stock offering,
although that's not likely to occur until the arena issue is settled.
There was speculation that Carter was ready to give up his courtside
seats because he was unhappy with the team's direction. Despite
huge contracts for Jim Jackson, Jason Kidd and Jamal Mashburn,
the team is missing the playoffs for the sixth straight year.
Also, the three Js have had some petty, highly publicized spats.
But the latest word is that Carter wants to bail out because of
the new arena, which will be jointly owned with the Stars. Apparently,
Carter, a devout Baptist, doesn't want to own a facility where
alcohol will be sold. Reunion Arena, where the teams currently
play, is owned by the city.
The arena issue has been bouncing around for more than a year.
Several suburbs made pitches to lure the teams, but Carter promised
Dallas the first chance. Slight progress was made in recent weeks,
which may have been when the alcohol issue clicked - or reached
a boiling point - with Carter. He has declined comment on the
issue.
All content copyright 1996, Jaime Aron,
The Abilene Reporter-News and Reporter OnLine
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