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STLnTDOT



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PostPosted: 10/12/17 7:10 pm    ::: San Antonio Stars being sold and relocated Reply Reply with quote
http://www.mysanantonio.com/sports/silver_stars/article/Stars-sale-imminent-12274245.php

Sale of the WNBA’s Stars is “imminent” and the team will relocate to another city, a source close to the situation told the San Antonio Express-News.

The Spurs currently own the team. Tom James, Spurs Sports and Entertainment senior director of communications, declined to comment.
pilight



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PostPosted: 10/12/17 7:13 pm    ::: Reply Reply with quote
I had a feeling this was coming once Peter Holt retired



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WNBA 09



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PostPosted: 10/12/17 7:18 pm    ::: Reply Reply with quote
Wow So Not Atlanta After All..sucks to see the stars go. Where Will hammons jersey hang? I assume AT&T still right?



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zune69



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PostPosted: 10/12/17 7:19 pm    ::: Reply Reply with quote
Is this the reason behind Dan Hughes announcing his retirement in 2016 ?




Last edited by zune69 on 10/12/17 7:26 pm; edited 3 times in total
stever



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PostPosted: 10/12/17 7:21 pm    ::: Reply Reply with quote
Can't wait to hear Borders' spin on this. Rolling Eyes



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PostPosted: 10/12/17 7:22 pm    ::: Reply Reply with quote
So Do Vicky & Ruth Remain or does new management clean house? I wonder why Joe Lacob didn't jump all over this opportunity?



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PostPosted: 10/12/17 7:23 pm    ::: Reply Reply with quote
stever wrote:
Can't wait to hear Borders' spin on this. Rolling Eyes


You know shes going to spin this in a way that makes the W look invincible. Shes alot like our president of the U.S.



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WNBA 09



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PostPosted: 10/12/17 7:25 pm    ::: Reply Reply with quote
Imagine being a #1 prospect this year and possibly playing in las vegas next summer though!



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stever



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PostPosted: 10/12/17 7:26 pm    ::: Reply Reply with quote
WNBA 09 wrote:
So Do Vicky & Ruth Remain or does new management clean house? I wonder why Joe Lacob didn't jump all over this opportunity?


It's probably going down like the Sparks near folding did...they're scrambling to find another Magic Johnson to take this franchise off San Antonio's hands.



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zune69



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PostPosted: 10/12/17 7:28 pm    ::: Reply Reply with quote
WNBA 09 wrote:
Imagine being a #1 prospect this year and possibly playing in las vegas next summer though!


Or beautiful San Diego.
adamj95



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PostPosted: 10/12/17 7:37 pm    ::: Reply Reply with quote
Baby area possibly? Or maybe Louisville or Tennessee?



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Queenie



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PostPosted: 10/12/17 8:03 pm    ::: Reply Reply with quote
Sad

San Antonio fans deserved better.

(Well. Every relocated team's fans deserve better. But still.)

Wherever they end up, I hope they're well taken care of, loved and cherished by ownership, and find a fantastic fan base.

The distance was longer than I thought when I started this thought, but Dallas fans, take good care of your San Antonio brethren and sistren, all right?



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stever



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PostPosted: 10/12/17 8:04 pm    ::: Reply Reply with quote
https://summitthoops.com/2017/10/12/report-stars-set-to-relocate-from-san-antonio-las-vegas-in-the-mix/



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Ay Mate



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PostPosted: 10/12/17 8:18 pm    ::: Reply Reply with quote
About time. Glad they will possibly get better owners and fan base.
Bob Lamm



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PostPosted: 10/12/17 8:43 pm    ::: Reply Reply with quote
I will always vividly remember the day when my father came home from work and told me that my beloved Brooklyn Dodgers were leaving town. So whenever I read of a sports franchise folding or moving, I feel sad for the local fans who loved and supported their team.



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pilight



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PostPosted: 10/12/17 9:01 pm    ::: Reply Reply with quote
I gotta talk to my friend Loretta tomorrow. She moved from Salt Lake City to San Antonio the last time the franchise moved. Dunno how she'll feel about Vegas.



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PostPosted: 10/12/17 9:05 pm    ::: Reply Reply with quote
Damn. I'm gutted for the Stars fans. I remember the day the Sonics and the Storm were sold and we thought we were going to lose the Storm.
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PostPosted: 10/12/17 9:07 pm    ::: Reply Reply with quote
Is Vegas a big WBB market?

Is it a big sports market in general?
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PostPosted: 10/12/17 9:07 pm    ::: Reply Reply with quote
Really thought the Spurs were fully committed to this team. Guess not. And Las Vegas? Curious who the potential buyer is?



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pilight



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PostPosted: 10/12/17 9:29 pm    ::: Reply Reply with quote
stever wrote:
Can't wait to hear Borders' spin on this. Rolling Eyes


If the team is actually being sold, and not "OMG we have to find someone to take over quick!" then spinning it will be easy



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ArtBest23



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PostPosted: 10/12/17 9:38 pm    ::: Reply Reply with quote
pilight wrote:
stever wrote:
Can't wait to hear Borders' spin on this. Rolling Eyes


If the team is actually being sold, and not "OMG we have to find someone to take over quick!" then spinning it will be easy


From handling much bigger deals than this for much of my career, I learned long ago that no deal is done until it's all signed, closed and fully approved.

The article makes it sound like they haven't even identified a solid buyer, much less made a deal.

And we know this has been going on for over a month already, and yet the best anyone can say is

"In a news release, the WNBA acknowledged the impending sale but stopped there.
“Negotiations with a potential buyer of the Stars team are ongoing,” WNBA spokesperson Dina Skokos said. “Once those discussions are concluded, we will provide additional information.”
The source could not say where the Stars’ new home would be."

I'd say your "scrambling to find a buyer to avoid a shutdown" may be closer to reality.
stever



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PostPosted: 10/12/17 9:39 pm    ::: Reply Reply with quote
pilight wrote:
stever wrote:
Can't wait to hear Borders' spin on this. Rolling Eyes


If the team is actually being sold, and not "OMG we have to find someone to take over quick!" then spinning it will be easy


I suspect it's more likely the latter...Did the Mohegan people actually pay for the Miracle, or was it more of a "take over the payments" deal?



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WNBA 09



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PostPosted: 10/12/17 9:41 pm    ::: Reply Reply with quote
Queenie wrote:
Sad

San Antonio fans deserved better.

(Well. Every relocated team's fans deserve better. But still.)

Wherever they end up, I hope they're well taken care of, loved and cherished by ownership, and find a fantastic fan base.

The distance was longer than I thought when I started this thought, but Dallas fans, take good care of your San Antonio brethren and sistren, all right?


Absolutely....All Stars Fans Are Welcome To College Park Any Time! Please PLEASEE Join Us. It Would be horrible for the WNBA not to exist at ALL in TEXAS Any more Sad



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stever



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PostPosted: 10/12/17 9:51 pm    ::: Reply Reply with quote
Press release tonight:



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PostPosted: 10/12/17 9:56 pm    ::: Reply Reply with quote
Sorry to hear this news Sad
(Also kind of sorry to hear that Vegas is a likely destination. It doesn't seem that compatible with WNBA fans in the stands to me, but obviously I'd be happy to be wrong about that)



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jmvcity



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PostPosted: 10/12/17 10:01 pm    ::: Reply Reply with quote
With the new location, I think they should drop the Stars/Starzz moniker. We don't want Las Vegas Lucky Starz or Poker Stars.
WNBA 09



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PostPosted: 10/12/17 10:06 pm    ::: Reply Reply with quote
Lets just pray there is a new location for sure.



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PostPosted: 10/12/17 10:07 pm    ::: Reply Reply with quote
jmvcity wrote:
With the new location, I think they should drop the Stars/Starzz moniker. We don't want Las Vegas Lucky Starz or Poker Stars.

How about the Vegas Showgir....

No. No, that would be bad.



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PostPosted: 10/12/17 10:09 pm    ::: Reply Reply with quote
The lottery was cancelled a month ago, so these negotiations have been ongoing for longer than that but haven't even advanced enough to name the potential buyer or city.

This isn't that expensive a deal. If it's not any further along yet after a month or two, it sounds far from a done deal. Other than "we've been in negotiations with a buyer", the rest of that Stars statement is meaningless gibberish. I don't get a warm feeling from that.

And I still think that if they were truly confident the franchise would still exist next year, there's no reason not to go ahead with the lottery order draw.
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PostPosted: 10/12/17 10:14 pm    ::: Reply Reply with quote
jmvcity wrote:
With the new location, I think they should drop the Stars/Starzz moniker. We don't want Las Vegas Lucky Starz or Poker Stars.

How about the Vegas Oddz



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PostPosted: 10/12/17 10:16 pm    ::: Reply Reply with quote
I'm worried the team might fold also. Though Magic buying the Sparks happened in January. So what happens to the #1 pick if they fold??



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myrtle



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PostPosted: 10/12/17 10:17 pm    ::: Reply Reply with quote
WNBA 09 wrote:
I wonder why Joe Lacob didn't jump all over this opportunity?


Their new arena is under construction. I think it's a year or two away.

pilight wrote:
stever wrote:
Can't wait to hear Borders' spin on this. Rolling Eyes


If the team is actually being sold, and not "OMG we have to find someone to take over quick!" then spinning it will be easy


Yeah, she'll be like oohing and awing over how great the new ownership is and it will be a wonderful opportunity in a new city and, and, and...she's the master, er mistress, of spin.



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PostPosted: 10/12/17 10:57 pm    ::: Reply Reply with quote
myrtle wrote:
WNBA 09 wrote:
I wonder why Joe Lacob didn't jump all over this opportunity?


Their new arena is under construction. I think it's a year or two away.


He was willing to buy the Sparks before the new arena was built.

He may have been willing to buy the Stars, but ESPN is now reporting:


WNBA's San Antonio Stars have deal for Las Vegas relocation

Quote:
The sale and relocation now hinge on a final approval from the NBA and WNBA Board of Governors, the source said. The sides expect the deal, which has been in the works for some time, to be OK'd because the team will be moved to Las Vegas, according to the source.


ArtBest23



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PostPosted: 10/12/17 11:14 pm    ::: Reply Reply with quote
Assuming the accuracy of that reporting, that sounds a lot more positive than what the current owners said.

I wonder if one or more NBA owners is objecting to Vegas as a location.
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PostPosted: 10/12/17 11:32 pm    ::: Reply Reply with quote
If it is Las Vegas I'll be curious as to where they will play, I seriously doubt it would be the new T-Mobile arena on the Strip where the Golden Nights hockey team plays. The Thomas & Mack at UNLV is a possibility, but I think the best location would be at the Orleans Casino. It is a 9500 seat facility that has hosted several college basketball tournaments including 2 men's holiday tournaments each year as well as the West Coast Conference and Western Athletic Conference men's and women's tournaments annually. There is also the MGM Grand Garden Arena on the Strip which has lost business since the T-Mobile Arena opened.
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PostPosted: 10/12/17 11:40 pm    ::: Reply Reply with quote
ArtBest23 wrote:
Assuming the accuracy of that reporting, that sounds a lot more positive than what the current owners said.

I wonder if one or more NBA owners is objecting to Vegas as a location.

Considering how most NBA owners seem to care less about the WNBA not sure there'd enough objection to matter and keep the team from moving.

Do wish some Bay area ownership was ready for a team. I'm hard pressed to see a W team in Vegas as an attraction but if an owner is willing to put in the effort to make a team an attraction better to be there then in a place where the owners don't care anymore .... or worse yet have the team fold.

Wish I had something more positive to say for Stars fans .... So Sorry SA fans Sad



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PostPosted: 10/13/17 12:03 am    ::: Reply Reply with quote
jmvcity wrote:
With the new location, I think they should drop the Stars/Starzz moniker. We don't want Las Vegas Lucky Starz or Poker Stars.


Isn't "Vega" the Spanish word for "Star"? So, I would not be surprised if they keep the nickname.



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PostPosted: 10/13/17 12:08 am    ::: Reply Reply with quote
Those that follow these things closer than me: Is Las Vegas REALLY a supportive market for women's basketball? At first blush I would think not and see this as jumping at the fad of moving teams there. The Raiders and Golden Knights are there, so why not a WNBA team? With not NBA close by, save for Salt Lake City, sorta. I just don't see it as a long term solution.

I was hoping for San Francisco or Houston, maybe Orlando or Portland, but Vegas? Really? Perhaps that was the only buyer and it was Vegas or Bust....still going to be worried about this team surviving past the honeymoon phase.
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PostPosted: 10/13/17 12:09 am    ::: Reply Reply with quote
Any chance the Maloofs are the buyers?


I wonder if Gabby Williams would like to get drafted by this Vegas team.



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PostPosted: 10/13/17 12:39 am    ::: Reply Reply with quote
Shades wrote:
Any chance the Maloofs are the buyers?


I wonder if Gabby Williams would like to get drafted by this Vegas team.


They are minority owners in the LV NHL team I believe.
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PostPosted: 10/13/17 1:34 am    ::: Reply Reply with quote
calbearman76 wrote:
If it is Las Vegas I'll be curious as to where they will play, I seriously doubt it would be the new T-Mobile arena on the Strip where the Golden Nights hockey team plays. The Thomas & Mack at UNLV is a possibility, but I think the best location would be at the Orleans Casino. It is a 9500 seat facility that has hosted several college basketball tournaments including 2 men's holiday tournaments each year as well as the West Coast Conference and Western Athletic Conference men's and women's tournaments annually. There is also the MGM Grand Garden Arena on the Strip which has lost business since the T-Mobile Arena opened.

It could well be dependent on who the buyers are. If the new owners include one of the casinos - which seems distinctly possible - then they might be doing it in part to fill their own arena space for 17+ dates each summer. I was thinking Thomas & Mack instinctively, but if the owners already have a viable venue they won't be paying out for somewhere else to play instead.



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PostPosted: 10/13/17 1:39 am    ::: Reply Reply with quote
Quote:
T-Mobile Arena is a multi-use indoor arena on the Las Vegas Strip in Paradise, Nevada. Opened on April 6, 2016, the arena is a joint venture between MGM Resorts International and the Anschutz Entertainment Group.

Capacity
Overall: 20,000
Basketball: 18,000
Boxing/MMA: 20,000
Ice hockey: 17,500
Concerts: 12,000–20,000

Tenants
Vegas Golden Knights (NHL) (2017–present)
Ultimate Fighting Championship (2017–present)


Quote:
The Vegas Golden Knights are a professional ice hockey team based in the Las Vegas metropolitan area. The team began play in the 2017–18 NHL season, and is a member of the Pacific Division of the Western Conference of the National Hockey League (NHL). The team is owned by Black Knight Sports & Entertainment, a consortium led by Bill Foley, and plays its home games at T-Mobile Arena on the Las Vegas Strip in Paradise, Nevada.

Owner(s)
Bill Foley (70%)
Maloof family (30%)


This is my guess.



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PostPosted: 10/13/17 3:00 am    ::: Reply Reply with quote
At first glance Vegas might seem like a weird location for a WNBA team, but their are a lot of locals who might like the idea of having something for themselves to take pride in, something geared to the residents as opposed to the tourists.

And on the flip side Vegas is becoming more of a family oriented destination and all of the other entertainment options are very expensive so taking your family of four out to a sporting event for 25% the cost of your other options might be a nice night out during your vacation.
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PostPosted: 10/13/17 5:51 am    ::: Reply Reply with quote
And it'll be a test market for a potential future NBA team.



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PostPosted: 10/13/17 6:40 am    ::: Reply Reply with quote
StevenHW wrote:
jmvcity wrote:
With the new location, I think they should drop the Stars/Starzz moniker. We don't want Las Vegas Lucky Starz or Poker Stars.


Isn't "Vega" the Spanish word for "Star"? So, I would not be surprised if they keep the nickname.


No, it's Spanish for meadow. Star is "estrella".

Stars is so damn generic they can probably keep it.



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PostPosted: 10/13/17 8:31 am    ::: Reply Reply with quote
Richyyy wrote:
calbearman76 wrote:
If it is Las Vegas I'll be curious as to where they will play, I seriously doubt it would be the new T-Mobile arena on the Strip where the Golden Nights hockey team plays. The Thomas & Mack at UNLV is a possibility, but I think the best location would be at the Orleans Casino. It is a 9500 seat facility that has hosted several college basketball tournaments including 2 men's holiday tournaments each year as well as the West Coast Conference and Western Athletic Conference men's and women's tournaments annually. There is also the MGM Grand Garden Arena on the Strip which has lost business since the T-Mobile Arena opened.

It could well be dependent on who the buyers are. If the new owners include one of the casinos - which seems distinctly possible - then they might be doing it in part to fill their own arena space for 17+ dates each summer. I was thinking Thomas & Mack instinctively, but if the owners already have a viable venue they won't be paying out for somewhere else to play instead.


If it is Thomas & Mack the team will have to take a lengthy road trip when the NBA Summer League is at UNLV. Unless that is moving to the T Mobile Arena? I haven’t heard anything.
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PostPosted: 10/13/17 9:00 am    ::: Reply Reply with quote
Las Vegas has been the home to WCC men's and women's postseason tournaments, and everyone has liked it, including the women's coaches.

I'm hoping it's a casino owner or casino tie-in, like Mohegan, so that the franchise is supported by other aspects of the business.

Las Vegas is home to one of the top girls' high school programs in the country, Centennial, and Bishop Gorman has been very good as well, so there is some hope for attracting young girls and families. Don't know about the LBGT community ...

I am a little surprised they let it leak before the deal was done, but if it's just the Board of Governors left, and all the other details are taken care of, it should go through. Hate to see it derailed at this point ...



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PostPosted: 10/13/17 9:35 am    ::: Reply Reply with quote
My heart goes out to Stars fans. I can only imagine how horrible it is to lose your team. I'm so sorry..



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PostPosted: 10/13/17 9:44 am    ::: Reply Reply with quote
ClayK wrote:
I am a little surprised they let it leak before the deal was done, but if it's just the Board of Governors left, and all the other details are taken care of, it should go through. Hate to see it derailed at this point ...

Yeah, once it hits that point it's usually a fait accompli. The league front office would rarely let something get that far without knowing it's going to pass. In fact, although I doubt the WNBA has the wherewithal to do it, things often get 'leaked' at this stage just to see if there'd be any public backlash. But I don't think a sports team in Las Vegas is anywhere near as controversial as it might once have been.

If they are moving to a specific casino's property, it'll be interesting to see if that casino has a sportsbook and if they put any rules in place about WNBA gambling on site.



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PostPosted: 10/13/17 9:49 am    ::: Reply Reply with quote
Was there any talk that the Stars were in trouble? I thought of them as a solid franchise.
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