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cometswin5

Joined: 21 Jun 2005 Posts: 651 Location: Houston, TX
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Posted: 10/17/06 4:31 pm ::: Breaking News: Alexander wants to sell the Houston Comets. |
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A co-worker just told me he saw this on one of the news stations.
Just found this: http://www.myfoxhouston.com/myfox/pages/Sports/Detail?contentId=1202659&version=1&locale=EN-US&layoutCode=TSTY&pageId=6.1.1
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Alexander wants to sell the Comets franchise so that he and his staff can focus on their core company, the NBA Houston Rockets.
Tad Brown, a senior vice-president with the Rockets, told FOX 26 that "the Comets right now are up for sale."
Brown says the intention is to "make sure the franchise is located here in Houston."
Brown says the change to separate ownership is happening all over, and cited Chicago, Washington and Charlotte.
"Individual ownership is something that can really allow resources to be focused exclusively on the women's game," said Brown.
Van Chancellor is the only head coach the Comets have ever had, and says he's saddened by the news that Alexander has put the franchise on the market.
"I don't think it's the end of the Comets," said Chancellor. "I hate to lose the ownership of Leslie Alexander...but, I'm hoping we can continue to build this team and this franchise."
Tad Brown tells FOX 26 there's no timeline in place for the sale of the Comets, and no deadline for selling the team. |
_________________ ____________________________
First, they came for the drug dealers, and I said nothing.
Then, they came for the terrorists, and I said nothing.
Then, they came for the dog fighters, and I said nothing.
Then, they came for me, because I was a drug-dealing terrorist running a dog-fighting ring.
Last edited by cometswin5 on 10/17/06 4:36 pm; edited 2 times in total |
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CamrnCrz1974
Joined: 18 Nov 2004 Posts: 16196 Location: Phoenix
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Posted: 10/17/06 4:32 pm ::: Re: Breaking News: Alexander wants to sell the Houston Comet |
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| cometswin5 wrote: |
A co-worker just told me he saw this on one of the news stations.
Anybody heard anything? |
He has wanted to for years. Guess now it is public.
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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toad455

Joined: 16 Nov 2005 Posts: 6133
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Posted: 10/17/06 4:37 pm ::: |
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| Well the good thing is I don't think he'll fold the team if an owner doesn't come along. But this could be a good thing that maybe somebody with a passion for the Comets will buy the team and get more fans in the arena.
_________________ LET'S GO LIBERTY!!!!!!
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4ever_bball_fan
Joined: 20 Dec 2004 Posts: 6107 Location: Houston
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Posted: 10/17/06 4:38 pm ::: |
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CD45 just called me at work screamin'....
I can just see Van sweatin' his socks off...
Where's that guy that has been posting on here that they want to buy a team??? Here's your best shot, buddy...four championships in the books. LOL.
_________________ The competitor with the will to win also has the will to work. John Wooden.
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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4ever_bball_fan
Joined: 20 Dec 2004 Posts: 6107 Location: Houston
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Posted: 10/17/06 4:52 pm ::: |
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One thing to remember, kids...if Alexander doesn't own the Comets....they don't get to play in his big arena. Think about alternative venues...and would Comets fans drive there...like Hofheinz Pavillion...which would be perfect, in my opinion...great size for the crowd coming now.
If they try to keep a deal to play at Toyota Center...he would just charge them rent out the ying. No, Alexander does not "own" the building...but, I am not so naive to think he won't have a say on that rental contract.
This is scary and exciting, all at the same time.
_________________ The competitor with the will to win also has the will to work. John Wooden.
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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An_nic

Joined: 16 Dec 2004 Posts: 375 Location: Smack dab in the middle of Washington State
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Posted: 10/17/06 4:59 pm ::: |
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| To me it kinda came out of left field but then again I don't know much about Houston...but by the sounds of it doesn't sound like you could have you team ripped away from you. So good luck to whatever happens and GO COMETS!
_________________ "To give anything less than your best is to sacrifice the gift." - Steve Prefontaine
"Our greatest fear is not that we are in adequate, our greatest fear is that we are powerful beyond measure." - Nelson Mandela
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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FUTUREwnbaOWNER
Joined: 03 Oct 2006 Posts: 16
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Posted: 10/17/06 5:06 pm ::: |
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| I bet if everyone on here donated some money we all could be minority investors in the team and have one or two people be the majority.
_________________ I was born on the perimeter,
My first word was SWISH!
You know I'm a star,
When you see me make a WISH!
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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FUTUREwnbaOWNER
Joined: 03 Oct 2006 Posts: 16
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Posted: 10/17/06 5:08 pm ::: |
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| jus saying...then more ideas could be thrown around
_________________ I was born on the perimeter,
My first word was SWISH!
You know I'm a star,
When you see me make a WISH!
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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Slovydal

Joined: 17 Nov 2004 Posts: 12205 Location: Indianapolis, IN
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Posted: 10/17/06 5:16 pm ::: |
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| An_nic wrote: |
| So good luck to whatever happens and GO COMETS! |
Don't you mean STAY Comets!?
It doesn't sound like the team is in danger of folding or re-locating. This may work out well - I hope so.
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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cometswin5

Joined: 21 Jun 2005 Posts: 651 Location: Houston, TX
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Posted: 10/17/06 5:24 pm ::: |
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I know this article was written almost ten years ago but it still hold true.
Houston is crawling with millionaires:
http://www.chron.com/content/chronicle/metropolitan/97/03/23/houstonwealth.2-0.html
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| According to one estimate, the number of millionaires in Houston has more than doubled in the past two years. There are about 81,000 millionaires in the city, according to Payment Systems Inc., a research firm that monitors wealth. |
I'm sure somebody or several people, hopefully, will step up.
_________________ ____________________________
First, they came for the drug dealers, and I said nothing.
Then, they came for the terrorists, and I said nothing.
Then, they came for the dog fighters, and I said nothing.
Then, they came for me, because I was a drug-dealing terrorist running a dog-fighting ring.
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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pilight

Joined: 23 Sep 2004 Posts: 40589 Location: Where the action is
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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GGL
Joined: 22 Jan 2006 Posts: 629
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CamrnCrz1974
Joined: 18 Nov 2004 Posts: 16196 Location: Phoenix
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Posted: 10/17/06 5:53 pm ::: Re: Breaking News: Alexander wants to sell the Houston Comet |
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| pilight wrote: |
| Separating from NBA owners is generally good......but this could be really good. |
It is good if the NBA owner isn't committed to the WNBA team and if private investment can be found. But if no private investment can be found, the team will contract or be relocated...possibly to a new town with a much smaller media market.
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pilight

Joined: 23 Sep 2004 Posts: 40589 Location: Where the action is
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Posted: 10/17/06 6:01 pm ::: Re: Breaking News: Alexander wants to sell the Houston Comet |
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| CamrnCrz1974 wrote: |
| pilight wrote: |
| Separating from NBA owners is generally good......but this could be really good. |
It is good if the NBA owner isn't committed to the WNBA team and if private investment can be found. But if no private investment can be found, the team will contract or be relocated...possibly to a new town with a much smaller media market. |
This NBA owner certainly isn't committed to the W.
If there's that much trouble finding people to buy in, the league is in trouble anyway.
_________________ Waking up in Canada has never been easy
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bullsky

Joined: 04 Jun 2005 Posts: 19373
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CamrnCrz1974
Joined: 18 Nov 2004 Posts: 16196 Location: Phoenix
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Posted: 10/17/06 6:11 pm ::: Re: Breaking News: Alexander wants to sell the Houston Comet |
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| pilight wrote: |
| If there's that much trouble finding people to buy in, the league is in trouble anyway. |
Which is part of the problem.
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NK

Joined: 03 May 2006 Posts: 2177 Location: Republic of Texas
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Posted: 10/17/06 6:58 pm ::: |
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There's more to this than meets the eye.
Frankly, I don't feel like typing a small book.
He's been pushing the sale idea for some time now behind the scenes.
One issue is his asking price.
He tried to sell the team out from under us a few years ago, with the idea of them going out of town. They were his ex-trophy wife's plaything and his ego wanted them gone. The controlling powers weren't going to allow that at the time.
Now? Who knows? He's been offered very good money for them in the past but the new owners wanted them to stay in Houston and Les wouldn't accept that.
Not sure how the lease works at the TC. I know Mayor Brown sold away everything he could and pocketed the $. He's hiding in his chalet in Italy, safe from extradition and most of his staff is in federal prison or awaiting trial.
I have no idea how this will affect the team or if he can even sell them. He's been offered lots before and passed on it.
This does explain the chaos in the front office lately.
I think we have to realize that we could lose the team, and if we do, it's due to the continued lack of support and shrinking fan base. That can only be blamed on Van Chancellor and his years of neglet and mismanagement.
I wanted that bastard gone back in '02 and I took a lot of heat for it on thehrr.com
I said back then that Van would be the man responsible for Houston losing the WNBA unless he was replaced. I also said I wanted to be wrong in that prediction.
_________________ If bullshit was water, Hilton Koch would be an ocean!
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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pilight

Joined: 23 Sep 2004 Posts: 40589 Location: Where the action is
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Posted: 10/17/06 7:05 pm ::: |
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| NK wrote: |
| I think we have to realize that we could lose the team, and if we do, it's due to the continued lack of support and shrinking fan base. That can only be blamed on Van Chancellor and his years of neglet and mismanagement. |
The neglect and mismanagement started much higher up than Van.
_________________ Waking up in Canada has never been easy
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NK

Joined: 03 May 2006 Posts: 2177 Location: Republic of Texas
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Posted: 10/17/06 7:14 pm ::: |
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| pilight wrote: |
| NK wrote: |
| I think we have to realize that we could lose the team, and if we do, it's due to the continued lack of support and shrinking fan base. That can only be blamed on Van Chancellor and his years of neglet and mismanagement. |
The neglect and mismanagement started much higher up than Van. |
Chicken and egg thing. Please don't try and tell me about the history and background of the Houston Comets.
The neglect was due to Van, period. You can try and pick it apart by saying it was Les who left him there and that's true. That was because Les didn't care.
With a real coach and GM in place we wouldn't have lost the fanbase. So I'll put it on Van, where it belongs. Were the franchise financially successful, Les wouldn't have any excuse to get rid of the team and our chances of losing them would be far less if not non-existant.
_________________ If bullshit was water, Hilton Koch would be an ocean!
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jimmyk
Joined: 10 Feb 2005 Posts: 3991 Location: Bristol. TN
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Posted: 10/17/06 7:34 pm ::: |
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This makes darn near a quarter of the league's teams having some sort of ownership change and/or rumblings about moving in the same season.
And that bothers me a lot.
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THE GOTCHA713
Joined: 29 Jun 2006 Posts: 53 Location: HOUSTON
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Posted: 10/17/06 8:20 pm ::: |
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| yah...my sources confirm the above. for you locals watch fox26 news at 9pm. more details to come.
_________________ If you knew what i KNOW
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bullsky

Joined: 04 Jun 2005 Posts: 19373
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Posted: 10/17/06 8:34 pm ::: |
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| Have faith Comet fans. Hopefully, all will go well.
_________________ Chicago Sky #SkyHigh #EDD
][llinois Fighting Illini: 19-14 (9-7)
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NK

Joined: 03 May 2006 Posts: 2177 Location: Republic of Texas
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Posted: 10/17/06 9:13 pm ::: |
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| Orange][Krush wrote: |
Have faith Comet fans. Hopefully, all will go
well. |
Local ownership isn't the problem here.
We've got more than a few people who have expressed interest in the team and have made offers in the past.
The issue is the TC, Mayor Brown gave away everything (yes, much graft was involved) and Les could make the rent so prohibitively high, that it would be impossible to keep the team in town. Les has an ego the size of Venus and the Comets represent his ex wife.
Remember, Les is a vindictive little man with a Napoleonic complex. He has wanted the team gone for years. With the huge drop in season ticket sales this fall, he may finally have his excuse. I wasn't going to say it before, but I may as well now........ season ticket sales are at less than 600, just a few years ago it was over 6000. At the peak of the glory years it was over 8000. By far the largest of any team in the league save for the Mystics in their early years. The move to the TC dropped it down to around 4000+, last season it was down to 1800 or so.
The sorry truth is, in a city the size of Houston, there really isn't any other place for the team to play. Hard to believe, but it's true.
_________________ If bullshit was water, Hilton Koch would be an ocean!
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stever Rebkell's Admin

Joined: 16 Nov 2004 Posts: 4766
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Posted: 10/17/06 9:24 pm ::: |
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...from the Chronicle:
http://www.chron.com/disp/story.mpl/sports/4266677.html
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| "The WNBA is going into independent ownership now, in Chicago, Washington, Charlotte, really focusing on the women's team. We're looking at all the options to determine the best way to go forward." |
...Charlotte?...is Bob Johnson shopping the Sting as actively as Alexander is the Comets? |
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pilight

Joined: 23 Sep 2004 Posts: 40589 Location: Where the action is
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Posted: 10/17/06 9:31 pm ::: |
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| stever wrote: |
| ...Charlotte?...is Bob Johnson shopping the Sting as actively as Alexander is the Comets? |
There's a group led by Cindy Sisson trying to buy the Sting
_________________ Waking up in Canada has never been easy
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bluewolfvii
Joined: 08 Mar 2005 Posts: 5009 Location: The Happening
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Posted: 10/18/06 1:52 am ::: |
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| jimmyk wrote: |
This makes darn near a quarter of the league's teams having some sort of ownership change and/or rumblings about moving in the same season.
And that bothers me a lot. |
I'm thinking about the last time the CBA entered the last year of the agreement. (Deja vu.)
At least in this case, there seem to be a couple of candidates for relocation.
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suemar

Joined: 17 Mar 2005 Posts: 3615 Location: Norfolk Va
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Posted: 10/18/06 7:07 am ::: |
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| All I want for Christmas is the Comets!! Actually, I would be happy to find team owners who love the womens game, listen to what fans want and dont have areana deals,etc as their primary focus. Its a business but still...I hope it works out okay.
_________________ The Beat Goes On...
LifeTour 1952 -
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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Posted: 10/18/06 7:20 am ::: |
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| suemar wrote: |
| All I want for Christmas is the Comets!! Actually, I would be happy to find team owners who love the womens game, listen to what fans want and dont have areana deals,etc as their primary focus. Its a business but still...I hope it works out okay. |
DITTO suemar...I don't ask for MUCH but, this is all I want for Christmas too, LOL
I know business is business but, I hope everything works out positively for the Houston Comets and their fans...
_________________ Don't push me cause I'm close to the edge...I'm trying not to lose my head
huh huh huh huh huh
Grandmasterflash and the Furious Five
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mztay
Joined: 20 Aug 2006 Posts: 63 Location: Houston
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Posted: 10/18/06 8:49 am ::: |
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| I agree with NK...this organization has gone awry for a while now...with the ever-increasing angst that alot of fans have with Van and the explosive news that Sheryl has been boinking the female, assistant coach for years right under management's noses (with a full-scale, media blitz and interviews that highlighted it during the fall months ), petitions PLUS the obvious reminder to Les that he bought them for the trophy wife. He just wants this organization out of his mind--I can't say I blame him and its not like he's the only one looking for takers. I do believe, however, that there are places to play, i.e., Hoffeinz Pavillion--which seems ideal, IMO. The fanbase is being lost because of many things and its up to us to get it back and we CAN get it back. If the prospective owner(s) believe the fans need or want the TC--they couldn't be more wrong. We just want a few changes, that's all but there goes my plan to boycott the Comets if Van stays--I don't want them to leave.
_________________ "Playas do what the WANT. HATERS do what they CAN".
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MsTena-T

Joined: 31 Mar 2006 Posts: 2178
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Posted: 10/18/06 8:54 am ::: |
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| I agree with MzTay on this one.
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Luuuc

Joined: 10 Feb 2005 Posts: 12936
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Posted: 10/18/06 9:08 am ::: |
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| I also agree with MzTay, but disagree with MsTena-T & NK.
_________________ Seems rike no one takes me serirousreee
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comets2207
Joined: 27 Jul 2005 Posts: 1951 Location: Houston
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Posted: 10/18/06 9:11 am ::: |
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| Luuuc wrote: |
| I also agree with MzTay, but disagree with MsTena-T & NK. |
Well, I disagree with you disagreeing with Tena, because I completely agree with her other than disagreeing with her agreeing with NK, but agree with her agreeing with mztay. Other than that, I agree with you.
_________________ Life's too short to argue about basketball
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pilight

Joined: 23 Sep 2004 Posts: 40589 Location: Where the action is
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cometsdrivefor5

Joined: 28 Oct 2005 Posts: 6286 Location: Houston
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cherrystreet
Joined: 24 Jul 2005 Posts: 4119 Location: houston,tx
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Posted: 10/18/06 2:44 pm ::: |
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| So are you guys are saying Swoopes was the final straw that broke the camel's back? I'm just asking? I was not going to boycott the Comets anyway. But like many they don't have to playing in Toyota for me. However, I think new ownership would like to see an average of 7,000 plus and nowhere else can hold that. Good dialogue going on here.
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4ever_bball_fan
Joined: 20 Dec 2004 Posts: 6107 Location: Houston
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Posted: 10/18/06 2:49 pm ::: |
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Cherry...I don't think Sheryl is mztay's point...it was the mismanagment of that entire situation for such a long time, and it's affect on the team's morale. He was not in control of the team, and they gave up playing for him...heck, some players just walked out on contracts during that period...unheard of in Houston.
And, just fyi...Hofheinz Pavillion holds 8,500, with luxury boxes around the top rim. Very nice venue to re-establish the stability of the season ticket holder base, imo.
_________________ The competitor with the will to win also has the will to work. John Wooden.
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ClayK

Joined: 11 Oct 2005 Posts: 3862
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Posted: 10/18/06 3:32 pm ::: |
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I am not a big fan of Van Chancellor. He has been unfailingly uncooperative with me over the years, almost to the point of rudeness. If I were a network TV guy, I'm sure he would have been Mr. Southern Charm ... hypocrites always annoy me.
That said, Van's reign in Houston has been, by and large, a successful one. He hasn't drafted well, but they've never had high picks. (Who could they have drafted that they didn't?)
Swoopes, a lesser Barry Bonds, is a problem. She's a great, great player, but not the kind of personality you build a franchise around. You can't trade her because she's an icon, but when you keep her as her skills fade, her annoyance factor becomes higher and higher.
Who else could they trade? Tina? Michelle Snow?
I don't think Van's the genius he was made out to be when the Comets were winning it all, but he's not a doofus either. He may be a bit of a jerk, or more than a bit of a jerk, but he's been an above average WNBA coach/GM. Has his time passed? Most likely -- but who out there is going to be better? Ann Meyers?
_________________ Clay Kallam
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Genero36

Joined: 24 Apr 2005 Posts: 3836
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Posted: 10/18/06 3:38 pm ::: |
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| ClayK wrote: |
| I don't think Van's the genius he was made out to be when the Comets were winning it all, but he's not a doofus either. He may be a bit of a jerk, or more than a bit of a jerk, but he's been an above average WNBA coach/GM. Has his time passed? Most likely -- but who out there is going to be better? Ann Meyers? |
If Michael Cooper was offered the position to re-unite with Karleen and coach the Comets, I believe he would go for it.
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ode88
Joined: 11 Jan 2006 Posts: 282 Location: Phoenix, AZ
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Posted: 10/18/06 3:39 pm ::: |
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| ClayK wrote: |
That said, Van's reign in Houston has been, by and large, a successful one. He hasn't drafted well, but they've never had high picks. (Who could they have drafted that they didn't?) |
Take a look at the 1999 draft.
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