The Battalion. (College Station, Tex.) 1893-current, November 29, 1990, Image 12

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    Thursday, November 29, 1990
oliday Bowl|
GRAND OPENING
$49
1-4 per room
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HISTORIC
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Family Medical Center
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696-0683
1712 Southwest Parkway
Near Kroger and Shipley’s
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Mon.-Sat. 10-8
Sun. 1-6
693-1152
MEN'S
J.Crew Sweaters
reg. $48 $24.99
L.L. Bean Blazers
reg. $130 $49.99
Land's End
Oxford Shirts
reg. $38 $H>
JRT Cardigans
reg. $65 $29.99
Cotton Twill Trousers
reg. $38 $14.99
J. Crew Jackets
reg. $130 $39.99
100% Wool Suits
reg. $300 $124.99
WOMEN'S
J.Crew Skirts
reg $40 $ 14.99
Clifford & Wills
Dresses
reg. $89 $39.99
Lands' End
Denim Skirts
reg. $45 $19.99
Clifford & Wills
Leather Pants
reg. $140 $69.99
Better Dresses
reg. $170 $49.99
Lands' End
Cotton Plaid Shirts
reg. $35 $14.99
J. Crew Sweaters
reg. $48 $24.99
Men's & Women's
New England
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TORTILLA FACTORY
Wednesday
Nov. 28
QUESO
With Purchase
Of Any Plate
Thursday
Nov. 29
PICANTE
& Chips
With Purchase
Of Any Taco
Friday
Nov. 30
99$
IMPORT
BEER
Tuxedo Rental
SPECIAL
$29.95
at
^^LADIES AND LORDS
707 Texas Ave.
Open Thurs. until 8 p.m.
next to the pink Taco Cabana
Hillel Jewish Student Center &
the Episcopal Student Center
Salute the Aggies on the occasion of the
94 th Bonfire
i
Please stop by during bonfire
for refeshments
7 p.m. -10 p.m.
Hillel Jewish Center
800 George Bush Dr.
across from Bonfire
Page 1 2
HSA considers Texan
investors over ‘outsiders’
in sale of Astros’ club
HOUSTON (AP) — The banker
handling the sale of the Houston As
tros said Wednesday that investors
from Houston and Texas will have
the inside track on negotiations.
Louis B. Susman, managing direc
tor for Salomon Brothers Inc., said
Houston Sports Association rep
resentatives are considering “outsid
ers” only as a last resort.
HSA owner John McMullen and
HSA board of directors want “to sell
this to local interests, if possible,”
Susman said.
But Susman was non-committal
when asked whether HSA would re
ject a higher offer from an outsider.
“That’s an irrelevant question be
cause we’re not offering it, at this
point, to an outside buyer,” Susman
said. “We are suggesting that, at this
point in time, the wishes of HSA is to
sell this to local Houston-Texas in
terests.”
Susman, who heads the negotiat
ing team for HSA, previously was a
member of the management com
mittee for the St. Louis Cardinals
and was one of the club’s representa
tives at the Major League Baseball
meetings. Susman heads Salomon
Brothers’ Midwest division, based in
Chicago.
His assistant, Dallas-based manag
ing director John J. Veatch Jr., who
heads Salomon Brothers’ Southwest
division, handled the sale of the Dal
las Cowboy’s football team — a deal
Veatch said took nine months to
complete.
Susman said possible bidders
should have more than capital.
“With a civic action of this type,
you’re looking at good citizenship,
good people who will run a success
ful franchise, as well as the normal
elements of financial ability and
business acumen,” he said.
Susman said the negotiating team
will investigate the financial standing
of any potential investor to ensure
that 60 percent of any offer could be
paid with equity and no more than
40 percent of the offer be borrowed
funds.
“We want to be sure they are fi
nancially qualified,” Susman said.
McMullen and HSA President
Robert Harter announced Monday
that the Astros were up for sale.
HSA also holds the lease on the As
trodome and two other buildings in
the same complex, the Astrohall and
Astroarena. It also owns properties
in Florida and various cable tele
vision interests.
McMullen, a New York-based
shipbuilder, controls more than 80
percent of the HSA. He has endured
criticism for being an “out-of-town”
owner.
McMullen bought the HSA in
1979 for about $13 million, but
Harter said Monday the selling price
would considerably greater than $95
million — the price tag for expan
sion teams.
Susman said any deal for the As
tros would include its farm teams
and spring training facilities, but he
would not speculate on a price. “We
have a range of potentiality,” he
said, declining to elaborate.
Houston says no to hockey
HOUSTON (AP) — Houston
Rockets owner Charlie Thomas and
former general manager Ray Patter
son announced Wednesday they
have withdrawn their application for
a National Hockey League franchise
because they could not agree with
the league on “timing and condi
tions.”
Thomas and Patterson, who met
earlier this month with NHL offi
cials, have expressed confidence
about bringing major league hockey
to the hot Southwest.
But they released a statement
Wednesday afternoon saying they
have “not reached an agreement on
the timing and conditions into the
National Hockey league, and have
withdrawn their application at this
time.
“It’s still my conviction that Hous
ton would be a very viable entry into
the National Hockey League due to
the growth of interest and enthu
siasm shown to date,” Thomas said.
“It is our intention to apply for en
trance at a later date, if and when
circumstances warrant.”
Thomas was not in his office
Wednesday afternoon to comment
further on the decision to withdraw.
The statement also said neither
Thomas or Patterson would attend
the NHL’s Board of Governor’s
meetings Dec. 4-8 in Palm Beach,
Fla. The board is scheduled to con
sider contingency applications.
In October, the NHL had tested
the ice in Houston with an exhibition
game between the Los Angeles
Kings and Pittsburgh Penguins at
The Summit. An enthusiastic crowd
of 10,413 showed up for the game.
Patterson resigned as general
manager in October to devote his
time to the joint venture with
Thomas. His son, Steve Patterson,
took over as the Rockets’ general
manager.
Drug charges
against UT
player dropped
AUSTIN (AP) — Charges alleg
ing that Texas reserve offensive
guard Alan Luther was in possession
of a controlled substance have been
dropped.
Luther had been arrested Oct. 23,
six days after a police officer
searched his jeep and found what he
thought to be anabolic steroids.
TCU’s Smith
given honor
DALLAS (AP) — Texas Christian
center Reggie Smith, who had 78
points and 35 rebounds in three
games, was named Southwest Con
ference basketball Player of the
Week.
Smith, of San Jose, Calif., had
game highs of 28 points against
Nicholls State and 13 rebounds
against Louisiana Tech. TCU is 2-1.
Baseball owners see
1989 profits balloon
NEW YORK (AP) — Baseball
owners are doing better than ever,
increasing their operating profits by
75 percent in 1989 to a record
$214.5 million, according to finan
cial figures obtained by The Asso
ciated Press.
The 26 teams took in a record
$1,241,059,000 in 1989, a 23 per
cent increase from the previous sea
son. Their operating expenses were
$1,026,550,000, a 16 percent in
crease from 1988.
That left them with a pre-tax op
erating profit of $214,509,000, or an
average of $8.3 million per team.
The previous record profit of
$121.6 million was set in 1988 on
earnings of $1,007,519,000, base
ball’s first billion-dollar season.
The figures were obtained by the
AP from two baseball sources on the
condition they not be identified.
It was the sixth consecutive season
baseball teams increased their oper
ating profits. Because of the ac
counting practices of the various
teams, financial figures for 1990 will
not be available until next year.
Chuck O’Connor, the head of
management’s Player Relations
Committee, said the figures showed
that baseball “on an overall basis was
doing quite well.”
“The difficulty with it,” he said
Tuesday, “is that you have to get be
low the aggregate figures to deter
mine the level of health of the indi
vidual parts that make up the game.
There, there’s a different story. You
can’t look at the overall industry
profits and say, ‘Therefore, my team
in Pittsburgh is in great shape’ or
‘My team in Kansas City is in great
shape.’”
O’Connor said that four clubs lost
money in 1989, but that the figure
would become nine based on an ap-
ortioned share of the tentative
280 million collusion settlement.
Baseball has boomed since the
mid-1980s. According to figures re
leased by the commissioner’s office
in the past, the 26 teams lost $66.6
million in 1983 on revenues of
$521.6 million, then cut the losses to
$41 million in 1984 and $7.1 million
in 1985.
The teams made $11.5 million in
1986, the season after began shun
ning free agents. Two arbitrators
found the conspiracy depressed
player salaries and the profit soared
to $103.3 million in 1987.
In the four years following the
start of the conspiracy^ the teams
made a total operating profit of
$450.9 million.
However, as part of the tentative
settlement of the collusion cases,
owners have agreed to give the Ma
jor League Baseball Players Associa
tion a payment that would amount
to $280 million as of Jan. 2. Interest
will be added if the payment is made
after that date.
One source said that approxi
mately 50 percent of the 1989 reve
nues came from tickets sales, park
ing and concessions. Approximately
20 percent came from national radio
and television contracts, 20 percent
from local broadcasting contracts
and the remainder from postseason
games, advertising and other base-
ball-related revenue.
Approximately 31.5 percent of
the operating revenue was spent on
player salaries, the source said.
SAN DIEGO
HOLIDAYBOWL
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★ Complimentary continental breakfast
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SATURDAY, DECEMBER 1ST 1990
We’re having a STEER ROAST! ! Join the Capital City A&M Clubonl
the Capital Grounds immediately following the Corps Parade andl
before the TEXAS A&M vs. t.u. football game for some ureal I
Bar-B-Que. Covered parking will he provided in the State Parking
(iarages along San Jacinto Street. Tickets are $5.00 in advance, $6.0flal|
the gate and $4.00 for students with valid I.D. For more information!
call the Capital City A&M Club Hotline. .. .(512) 47-AGGIE.
8 A.M. PARADE
11A.M. KICKOFF
WENDY'S and AGGIE 96 Present
A 24 Hour Bonfire Special
REGULAR FRIES .49
20 oz. DRINK .49
1/4 lb. GIANT BEVO .89
1/2 lb. HUGE BEVO 1.59
AGGIE 96 SPECIAL
JUNIOR W/ SM FRIES AND SM
DRINK .96
C.S. WENDY'S OPEN 24 HRS BONFIRE NIGHT
Specials Good All
Weekend Long
Through 12-02-90
Both Bryan & College
Station Locations
NO COUPON NEEDED
Formal Clearance
SALE
25% - 50% off
all formals
at
LADIES AND LORDS
707 Texas Ave.
Open Thurs. until 8 p.m.
next to the pink Taco Cabana
HULLABALOO
AND A
Mum CHRISTMAS,
TOO!!!
M&C HOSPITALITY PRESENTS
A HOLIDAY FASHION SHOW!!
FEATURING HOLIDAY FASHIONS FROM:
COLBERT’S
KG MEN’S STORE
LADIES & LORDS
WHEN: FRIDAY, NOV. 30,1990
12:00 RM.
WHERE: MSC FLAGROOM
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COME CELE5RATE THE HOLIDAYS WITH
HOSPITALITY!!!