Yankees sale fuels tax shelter talk and bargain claims
Mike Burke and 11 partners announced they were buying the Yankees from CBS for about $10 million, shaping a limited partnership with tax advantages. The piece compares past deals, notes depreciation, loss deductions, and estimates the overall value and profits across CBS, Topping Webb, and Seattle Pilots investments.
MENTIONED IN THIS ARTICLE
New York
Mike Burke
Yankee Stadium
Yankees
Columbia Broadcasting System
Mike
John Lindsay
David Sussking
Mick Jagger
Peter Minuit
Steinbrenner
C.B.S
Burke-Steinbrenner
Dan Topping
del Webb
Larry MacPhail
Joe DiMaggio
Charley Keller
Tommy Henrich
Bill Dickey
Phil Rizzuto
Newark
Kansas City
MacPhail
Topping and
Webb
Stadim
Nicklaus Eyes Global Golf Tour and Seasonal Scheduling
AP Nicklaus favors keeping the U S tour strong while expanding to foreign events. He envisions a seasonal global schedule including the Mexican Open and tournaments in Japan and Great Britain and plans to play about half the 44 PGA events. He emphasizes majors but says the grand slam can wait until the first three majors are won.
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Rancho LA Costa
Calif
Jack Nicklaus
United States
Pacific Coast Golf
Nicklaus
Japan
Great Britain
Blond Bomber
West Palm Beach
Fla
Roberto DeVicenzo
Gary Player
Tony Jacklin
la Costa
Sweden
PGA
Pinehurst
N.C
Jack
Missouri Wins Close Battle Over SMU 74 73
Missouri edged SMU 74 73 in an inter sectional game as John Brown scored 35 including a late bucket after a disputed final moment. SMU's Ira Terrell led with 26 as controversy swirled around a timekeeping error and the final buzzer.
MENTIONED IN THIS ARTICLE
Associated Press
Missouri
Southern Methodist
John Brown
SMU
Pat Malette
Big Eight
Norm Stewart
Bob Prewitt
Malette
MaHette
Ira. Terrell
Steve Blind
Brown
Bill Durrett
Florida
Morrall Helped Dolphins Survive Dark Phase Before Super Bowl
Shula credits Earl Morrall for lifting the team after Bob Griese was injured in a fierce Chargers pass rush. Morrall, who previously played for the Colts with Shula, guided Miami through a pivotal period as the team prepared for Super Bowl action at Blair Field in Long Beach.
MENTIONED IN THIS ARTICLE
Shula
Morrall
Griese
San Diego Charger
Deacon Jones
Ron East
Earl
Baltimore Colts
Baltimore
New York Jets
Dolphins
Blair Field
Long Beach
Washington
George Allen
Rams
NCAA braces for 67th convention amid SW Louisiana probe
Southwestern Louisiana prepares for the NCAA 67th convention in Chicago as the association faces a federal restraining order blocking a January 15 hearing over alleged basketball recruiting violations. Delegates from over 650 member schools will consider 108 proposed code amendments as NCAA President Earl M. Ramer focuses on athletic administration costs.
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Chicago
Southwestern Louisiana
National Collegiate Athletic Association
NCAA
Louisiana
Earl M. Ramer
University Ofennessee
College Scores and Upsets From Early Round Games
East Augusta 83 MIT 84 Duquesne 84 St Bonaventure Rhode Island 91 Vermont 62 Louisiana 94 Cincinnati 88 OT South Florida 101 Georgetown Florida 80 Vanderbilt 72 East Tennessee 68 Georgia Southern 65 Furman 82 Niagara 77 Georgia 84 Auburn 72 OT UNC Charlotte 69 Austin Peay 68 Stetson 84 Lehigh 78 Kentucky 90 Mississippi St 8 Mississippi 105 Missouri St 83 Georgia Tech 69 Rice 65 Mississippi 60 Tennessee 52 Midwest Michigan 71 Iowa 59 Northern Illinois 74 Western Michigan 71 DePaul 86 Westmont 69 Illinois 76 Wisconsin 74 Iowa St 73 Oklahoma St 59 Wis Milwaukee 72 Mercer 60 Valparaiso 65 Butler 63 Michigan 73 Western St 71 Illinois St 107 Morehead St Southwest Utah St 84 Texas Tech 76 Oral Roberts 123 Brandeis 95 Baylor 84 Tulane Missouri 74 SMU 64 Santa Fe? Regents St 73 Far West Stanford 76 Washington 55 New Mexico 87 St Louis 67 California 59 Washington St Nevada Las Vegas 64 Colorado 62 Tournaments Beanpot Classic First Round Northeastern 97 Boston U 87 Harvard 77 Boston Col 67
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Gene Shy
Florida
Vanderbilt
Steve Turner
Dwight Lamar
Louisiana
Seminoles
David Vaughn
Oral Roberts
Brandeis
Ruben Montanez
Duquesne
St. Bonaventure
Illinois
Morehead
Wisconsin
Michigan
Iowa
Oklahoma
Southern Mississippi
Missouri St. Louis
Kentucky
Mississippi St
Southern Alabama
Fairfield
Georgia Tech
Rice
Furman
Niagara
New Mexico
St. Louis
Utah St
Texas Tech
East Augusta
Mit “Duquesne
Rhode Island
Vermont
Cincinnati
South Florida St
Georgetown
E. Tennessee
Southern
Georgia
Auburn
UNC
Mississippi
Ga. Tech
Tennessee
Midwest
N. Illinois
Baylor
Tulane
Missouri
SMU S.fyaugin
Regala
Far West
Stanford
Washington
California
Washington St
Nevada-Las Vegas
Colorado
Barons Headed to Jacksonville to Finish Season
Cleveland Barons owner Nick Mileti confirms the AHL team will move most remaining home games to Jacksonville Florida citing dismal turnouts and waning fan interest. Mayor Hans Tanzler of Jacksonville announced the joint decision amid the Barons’ fifth place in the West division.
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Cleveland
Nick Mileti
Cleveland Barons
Barons
Mileti
American Hockey League
Jacksonville
Fla
Hans Tanzler
Local high school basketball backcourts and standout players
The article highlights probable starters Ricky Lenox and Larry Chatman for Brewer with Ricky Allen and Lonnie Lemmond as guards for West Morgan. It notes Hartselle’s backcourt Gary Orr and Horace Hoult scoring over 15 per game, Danville's Randy Lewis leading in points and rebounds, and Falkville's balanced scoring with David McNutt and Mike Tarpley contributing for coach Jack Tate.
MENTIONED IN THIS ARTICLE
Page
Farley
Tucker
Thomas
David Price
Ricky Allen
Winton
Ricky Lenox
Larry Chatman
Brewer
Lonnie Lemmond
Earl Greene
West Morgan
Hartselle
Gary Orr
Horace Hoult
Danville
Randy Lewis
Falkville
Jack Tate
Scrapy Blue Devils
David McNutt
Mike Tarpley
The
Devils
DeBusschere and Maravich to Start All Star Game
New York star Dave DeBusschere and Atlanta star Pete Maravich will start for the first time in the NBA All Star Game to be played in Chicago on January 28.
MENTIONED IN THIS ARTICLE
New York
Dave DeBusschere
Atlanta
Pete Maravich
National Basketball Association
Chicago
Nordiques Edge Raiders In Overtime WHA Thriller
Quebec Nordiques beat the New York Raiders 6-5 in overtime on Yves Bergeron’s 7th goal of the season. Canadiens and Nordiques both clinched some ground as Montreal held third with NY in sight.
MENTIONED IN THIS ARTICLE
Associated Press
Quebec
Montreal Canadiens
Minnesota North Stars
Quebec Nordiques
New York Raiders
Yves Bergeron
Nordiques
New York
Montreal
Boston
Canadiens
Yvan Cournoyer
Frank Mahovlich
Dennis Hextall
Minnesota
Buster Harvey
Athens Hosts Montevallo And Lee In Twin High School Games
Bears Willie West scored 15 and Charles Cunningham added 10 as Athens shot 46 percent to defeat Florence 31 of 67. Florence connected on 29 of 59 for 48 percent as Athens plans a home double header Thursday night at 8 and 6 30 on the same card.
MENTIONED IN THIS ARTICLE
Willie West
Charles Cunningham
Athens
Florence
Montevallo
Athens High
Lee
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