Tuesday, December 9, 2008

Pay Da' Man!

Welcome to the Boomtown...

Well lookie here! It seems as though our friend David McDavid might have been on to something. He appears to have won (for now) his case against Time Warner/Turner Sports where he sued them for breaching an agreed upon contract. In fact, he wins...to the tune of a cool $200+ million. (It's acutally more, but its complicated to explain)

Check out the story in the good 'ol Atlanta Journal Constitution here .

Also, for some background to this story, please feel free to check out the vast OnlineSportsGuys library.

Not So Fast my Friend...

Like all good American court cases, this too is far from over. There of course is the appeal by Time Warner/Turner who obviously don't want to just hand David and David a rather large check.

Thankfully, at least for the troubled group who now owns the teams; The Atlanta Spirit, they aren't a part of the lawsuit, they have another to deal with. They did however in a sense contribute since they had to confess to just how much money they've lost on the Hawks and Thrashers over the past 5 years. (Many millions)
And who says that owning a Sports Team is a great investment?


((David McDavid Photo/Courtesy AP))
((Eric Boulton-Thrashers Photo/Courtesy Andy Marlin/Getty Images))

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