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Old 10-29-2009, 07:31 AM
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Default Bucs for sale.....

So, breaking news in Tampa is that the Glaziers (who also own Manchester U) are dead broke. Apparently they lost approx $450M in the Madoff ponzi scheme, and have leverage Manchester U to the full limit allowed, and are also looking to leverage the Bucs and the stadium to the full limits as well. They have huge loan payments coming due in Jan, and probably won't make the payments.

For Bucs fans, this explains why they remained $33M under the salary cap, gave NO signing bonus' to any free agents in the off-season, and why they have the lowest paid GM and Coaching Staff in the NFL. By keeping team costs down, they make the team more attractive to potential buyers.

Eddie Debartolo lives in Tampa now - hopefully, he will put together a team to buy the Bucs and keep them in place.

Why would I mention keeping them in place? There are 7-8 cities being considered by the NFL to have their franchises moved to LA to fill the new stadium being built. Tampa is now one of them due to the financial ineptitude of the Glaziers.

FYI - Robert Kraft (owner of the Patriots) also lost a butt-load of money - no word on how it may or may not affect them.
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Old 10-29-2009, 09:54 AM
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God..another team in LA?

Any team will just leave after awhile anyway.
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Old 10-29-2009, 10:24 AM
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I sort of like not having a team in Los Angeles.
Most people only get their local team coverage on TV and dont get to see the rest of the league....
In LA they broadcast numerous games, we get to see alot more than we would if we had a team here.

But it would be nice to be able to attend a professional football game, which I have not been to in over 22 years....All my football action is watching high school or college games (USC)
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Old 10-29-2009, 10:28 AM
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I figured they'd overload you with Charger and Raider games. When I was living in Vegas, we often got Charger, Raider and Cardinal games when I'd have much rather watched one of the East Coast games.......
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Old 11-07-2009, 02:25 PM
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I just hope they don't move the Raiders to LA

our stadium is a piece of sh!t... but at least it's 30 minutes away... not 6 hours, lol

although the way we look right now I don't have much desire to go to the games or even watch them on TV
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Old 11-07-2009, 04:43 PM
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But it would be nice to be able to attend a professional football game, which I have not been to in over 22 years....All my football action is watching high school or college games (USC)
Isn't USC a semi-pro team already?

I'd hate to see the Bucs leave Tampa over this, but that whole stadium plan that The Governator has signed makes me leery of what might happen next. I'd rather see someone like DeBartolo take over and get the Bucs back to where they were - contenders - than the shambles they presently seem to be.
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Old 11-07-2009, 04:46 PM
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THis rumor has been put to rest by the owners..
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Old 11-07-2009, 09:20 PM
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THis rumor has been put to rest by the owners..
How so, explain?
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Old 11-08-2009, 10:41 AM
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How so, explain?
This.
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Old 11-08-2009, 12:15 PM
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How so, explain?
Glazers say reported sale of Bucs 100 percent wrong | abcactionnews.com


TAMPA, FL -- The Glazers will be no more, but only if you believe a report from WDAE's Dan Sileo.

Sileo reported today that the Bucs were for sale because the Glazers lost a fortune in the Bernie Madoff Ponzi scheme.

Our Tom Korun spoke with Jeff Kamis, Director of Public Relations for the Bucs. Kamis called the Sileo's comments “unsubstantiated rumors”.

In a statement on buccaneers.com, co-chairman Joel Glazer said "The report today by WDAE’s Dan Sileo about our family and the Tampa Bay Buccaneers is 100 percent false.

The Tampa Bay Buccaneers are not, nor have they ever been for sale. In addition, our family or any of our related companies have never invested one penny with Bernie Madoff.

The report is baseless, irresponsible and slanderous. This type of behavior by Mr. Sileo and his company Clear Channel will be dealt with in the appropriate manner.”

A Clear Channel Tampa spokesperson said tonight Sileo has been suspended pending further investigation.
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Old 11-08-2009, 05:29 PM
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True - rumor - for now.

I was at the game today - had a blast. Turned 41 today.
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Old 11-08-2009, 06:03 PM
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Originally Posted by Renegade68 View Post
True - rumor - for now.

I was at the game today - had a blast. Turned 41 today.
Awesome game! I was pissed that CBS wasn't showing the Miami game (even though we lost).

Happy Birthday! I owe you a couple of drinks in the near future Gade!
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Old 11-09-2009, 12:17 AM
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Quote:
Originally Posted by PhiSigPhi View Post
Glazers say reported sale of Bucs 100 percent wrong | abcactionnews.com


TAMPA, FL -- The Glazers will be no more, but only if you believe a report from WDAE's Dan Sileo.

Sileo reported today that the Bucs were for sale because the Glazers lost a fortune in the Bernie Madoff Ponzi scheme.

Our Tom Korun spoke with Jeff Kamis, Director of Public Relations for the Bucs. Kamis called the Sileo's comments “unsubstantiated rumors”.

In a statement on buccaneers.com, co-chairman Joel Glazer said "The report today by WDAE’s Dan Sileo about our family and the Tampa Bay Buccaneers is 100 percent false.

The Tampa Bay Buccaneers are not, nor have they ever been for sale. In addition, our family or any of our related companies have never invested one penny with Bernie Madoff.

The report is baseless, irresponsible and slanderous. This type of behavior by Mr. Sileo and his company Clear Channel will be dealt with in the appropriate manner.”

A Clear Channel Tampa spokesperson said tonight Sileo has been suspended pending further investigation.
Until the Mayflower comes.
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Old 11-09-2009, 06:41 AM
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Its a rumor that still hasn't totally died off, and until the owners show a desire to improve the team financially and personnel wise, then the rumor won't die. The rest of the stuff Sileo said was true - Glazers are losing $$ hand over fist with their commercial real estate ventures.....pretty easy to find that info on the net. Bucs are profitable, even as bad as they are.

I can't see them being moved though.....too much is offered by city of Tampa for the NFL to go away.
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Old 11-09-2009, 11:02 PM
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Bucs finally got a win!

and also helped contribute to me losing money over the weekend... awesome
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