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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - December 31, 1971, Lethbridge, Alberta 12 - TH� IETHBRIDGE HERALD - Friday, December 31, 1971 Price estimated in the neighborhood of $15 million olsons, Canadiens part company after sale MONTREAL (CP) - Montreal Canadiens, winningest club in National Hockey League history, were sold Thursday to a group of Canadian businessmen who include Edward and Peter Bronfman of Montreal and John Bassett of Toronto. Controlling interest in the club's parent company, Canadian Arena Co., was sold by the Molson brothers - David, William and Peter - for an estimated $15 million to the newly-formed Placement R o n d e 11 e Ltd., literally translated as Puck Investment. Placement Rondelle pur- chased approximately 700,000 of Canadian Arena's 1,025,000 shares and in the move gained control of the Canadiens, the Montreal Forum and Nova Scotia Voyageurs of the American Hockey League. No purchase price was announced at a news conference m wmm MIXING IT UP - Toronto Maple Leafs' Gary Monohan (20) and Donny Marshall (22) watch as teammates Rick Ley, left, and Jim Dorey fight each other during a practice sessions watched by some 17,000 youngsters. The fight- looked like horseplay but reports indicate it was serious as Dorey suffered a cut that will sideline him for three weeks. He cut his finger on Ley's teeth. League expansion set Conditional franchises MONTREAL (CP) - The National Hockey League's board of governors has awarded conditional franchises to Nassau Sports Ltd., and Atlanta Hockey Inc., for operation in the 1972-73 season, NHL president Clarence Campbell announced today. The additional two franchises, which will operate in the Nassau County Arena in Long Island, N.Y., and the Atlanta Coliseum, will bring NHL strength to 16 teams for next season. Nassau Sports Ltd., will be beaded by Roy Boe of Long Is- land, as president. The operating organization will be a partnership which will include eight Long Island residents who have been associated with Boe in other enterprises, including New York Nets of the American Basketball Association. Atlanta Hockey Inc., will be headed by William R. Putnam as president and the organization will be made up of seven or eight prominent Atlanta businessmen. Also associated with the Atlanta organization is Thomas G. SOUTHERN ALBERTA JUVENILE HOCKEY LEAGUE Leth. Midget Elks vs Medicine Hat Wheelers Sunday, Jan. 2nd. 2:00 p.m. , HENDERSON ICE ARENA ADMISSION:  Adults 75c  Students 50c  Children 25C Cousins, owner of Atlanta Hawks of the National Basketball Association and prime mover in the construction of the Atlanta Coliseum.. The cost of each new franchise has been set at $6 million, with the new Long Island organization also reported required to pay an additional $5 million indemnification to New York Rangers because of the nev7 club's proximity to the latter s home ice. where the sale was disclosed, but re ports from various sources seemed to agree the shares went for about $22 each or an estimated total of $15 million. Canadian Arena Co. shares closed on the Montreal Stock Exchange Thursday at $16.25. The sale ended a 14-year reign by the Molson family over the Canadiens, probably professional hockey's most dazzling and storied team and winners of the Stanley Cup a record 16 times. The Bronfmans, cousins to Charles Bronfman, principal shareholder in Montreal Expos of baseball's National League, initiated negotiations for Canadian Arena in October but the purchase was accomplished only this week. The signing was Ballard completed Thursday morning. "And yet even at 4 a.m. I was up pacing the floor and wondering if I should call it off," David Molson said at the news conference. He admitted that federal tax legislation making a capital gains tax effective Jan. 1 was a consideration in getting the business over this week. "If we had to sell it had to be no later than this week," his brother William added. "If we got into next year the price would go up." The Molson brothers had been majority shareholders of Canadian Arena since 1968. The hockey world appeared to be surprised by the sale, especially the reported price. Coach Billy Reay of Chicago Black Hawks said he couldn't warns John Bassett TORONTO (CP) - Harold Ballard, president of Maple Leaf Gardens, warned John Basset Thursday that "he'd better keep his pockets laced up" now that Bassett has bought a share of another National Hockey club. Ballard's comment followed the announcement in Montreal that Baton Broadcasting Ltd., of which Bassett is chairman, has become a minority shareholder of Montreal Canadiens and the Montreal Forum. Bassett, together with Ballard and the late Stafford Smythe, were major shareholders of Maple Leaf Gardens and the NHL Maple Leafs hockey club from 1961 until last September when Bassett sold his shares to his two partners. Sons, Kings play Sunday Lethbridge Sugar Kings, of the Alberta Junior Hockey League, and the Lethbridge Native Sons, will meet Sunday morning in an exhibition encounter at the Civic Centre at 10:30. Sons, a junior B squad that plays exhibition gaimes as a form of season, is from the Let'libridge Athletic Association. Meanwhile, the Kings received some hard - to - take news. Mike Clarke, the clubs leading scorer and defensive mainstay, has been called up to the parent Calgary Centennials of the Western Canada Hockey League. It is believed Clarke will spend the remainder of the season with the Centennials leaving the Sugar Kings short of manpower in their struggle to make the playoffs in the Alberta league. When Smythe, then president, died in October, Ballard took over as president of the Gardens and the Leafs. Ballard said he welcomed Bassett back into hockey. "We were in it as friends," said Ballard, "now we're enemies." "I made him $5 million when we were partners. Now, I'll try to get it back- I only have one warning for him: He'd better keep his pockets laced up." At the same time he sold his share of the Gardens last September, Bassett announced that his Baton Broadcasting had acquired 99.45 per cent control of the Argonaut Football Club in the Canadian Football League for $2,250,000. His sale of the Gardens shares was worth $5,886,600. Bassett said at the time of the transactions that he had offered to buy out the Ballard and Smythe interests in the Gardens, but neither wanted to sell. "Rather than remain in a minority position we felt it was better to sell it," Bassett said. Bassett was not immediately available for comment on his latest hockey purchase. Dick Shalrath calls it qui Is CLEVELAD (AP) - Offensive tackle Dick Schafrath has announced his retirement from professional football, ending a 13-year career with Cleveland Browns of the National Football League. Schafrath, 34, said Wednesday he was talcing a full time job with Mark McCormack and Associates, an agency that represents various sports figures. He has been working part time for the agency for several years- understand the $15 trillion price tag because the Forum had just been expanded and renovated for "about $8 million to $1 million." "But I understand Molson and his brothers have been thinking about selling for quite some time. Problems all get a little great." Published reports six weeks ago said the hockey club was up for sale, but David denied at the time that the brothers were actively soliciting the sale. Jack Kent Cooke,, owner of Los Angeles Kings of the MIL, said the reported sale price "doesn't surprise me at all." He figured the Canadiens and Forum were worth an estimated $22.5 million, considering all 1,025,000 shares, and were "certainly worth it." THINKS PRICE LOW Bill Hunter of Edmonton, owner of the city's franchise in the proposed World Hockey Association, said he was glad the sale went to a Oanadian group but felt the price was too low. The current going rate for an NHL franchise is $6 million, with new clubs still required to pay $40,000 for each player drafted to stock its team. That price was paid last season by Buffalo Sabres and Vancouver Canucks when they joined the league and the same price faced Atlanta and Long Is*-land who join the NHL next year. Long Island must also pay $5 million indemnifications to New York Rangers for territorial rights. Key management personnel will remain with the Canadiens despite the sale. Sam Pollock will continue as vice-president and general manager and S'eotty Bowman will remain as coach. Of the sale, Bowman said: "Well, when you've been through ssveral owners what's the difference?" STILL HAVE TO WIN Toe Blake, who coached the Canadiens to five straight Stanley Cups in the 1950s and three more in the 1960s, added: "Nothing changes. You've still got to win hockey games." The sale brings John Bassett, a former major shareholder in Toronto Maple Leaf Gardens and the NHL Maple Leafs, back into hockey. He is owner of Baton Broad-easting Ltd. of Toronto, which becomes a minority shareholder in Placement Rondelle. In 1961 Bassett joined with Harold Ballard and the late Stafford Smythe to buy Maple Leaf Gardens from Conn Smythe. He was chairman of the Gardens board until he resigned last January and in September Ballard and Smythe bought out Bassett's 25-per-cent share for $5.8 million. At that time Bassett announced that Baton Broadcasting had acquired 99.45 per cent of the Argonaut Football Club of the Eastern Football Conference after buying up $2.25 million worth of stock. Not horseplay, Dorey injured TORONTO (CP) - What 17,000 fans, packed into Maple Leaf Gardens Wednesday for a morning practice by Toronto Maple Leafs, took to be horseplay has cost the National Hockey League club three weeks of defenceman Jim Dor-ey's services. Dorey, one of the Leafs solid tradesmen in recent games, lacerated a tendon on the middle finger of his right hand during a fight with team-mate Rick Ley. Many of the fans, attracted to the rink by free tickets given out in a supermarket promotion, thought the incident was a mock-up for their benefit. Even Ley was unaware of the seriousness of it until he took a couple of punches in their first encounter. Moments later they were at it again and coach John McLellan was almost decked by a stray fist when he attempted to intervene. The two players retired to the dressingroom, but there were later reports they continued their fight behind closed doors. Leaf management wouldn't confirm the report. TENDON TORN Doctors, after examining the damaged finger, said Dorey would not be able to play for three weeks- The tendon was torn about three-quarters through-Ley lost part of his tooth in the exchange. "I thought at the start we were only fooling," Ley said later. "Before I knew it, we weren't." The loss of Dorey lengthened Toronto's injury list. Centre Jim Harrison was back in hospital when it was feared infection was setting in to his injured voice box. The cracked larynx was inflicted in a game at Buffalo on Dec. 12 and aggravated by team-mate Bobby Baun's stick in a game here three days later against Pittsburgh Penguins. Centre Dave Keon attended the practice, but then had to enter hospital for examination, apparently ill with bronchitis. Forward Denis Dupere was admitted to hospital after Wednesday night's game with St. Louis Blues. He has a bruised throat. Never won a race By GERRY SUTTON SASKATOON (CP) - Glenda Reiser of Ottawa didn't win a race at the Saskatchewan Indoor Games but she walked away with two Canadian native records. It was her feat, along with a brilliant high-jump performance from Claude Ferragne of Montreal, which overshadowed world-class athletes at the two-day track and field meet which ended Thursday night. Eight Canadian records were broken at the seventh annual meet, which featured few surprises in major events. Miss Reiser's records came in invitational women's events when she finished second both times to Doris Brown of Seattle, a 29-year-old international competitor and co-holder of the world indoor record for 880 yards. Miss Reiser, 16, a Grade 11 student, set Canadian midget records while running against higher-class competition. Athletes are allowed to take part in older-age sections and still set records in their own division although they may not finish among the top performers in the better class. Fight-filled encounter ELRICH TIRE SPORT SCORES ALBERTA JUNIOR W L T Cal. Cougars Red Deer . . Cal. Canucks Edm. Leafs Lethbridge . Edm. Movers .... 7 17 Drumheller 7 18 22 6 17 S 16 11 1 14 10 14 NATIONAL LEAGUE East Division F 0 158 0 146 1 142 3 100 0 102 2 105 0 82 W . 25 . 24 .. 21 17 12 13 17 8 22 22 West Division - ... 25 8 10 11 T F 6 160 5 143 7 126 8 111 6 104 8 103 4 80 North Stars, Bruins play to draw By THE CANADIAN PRESS Jude Drouin's goals don't come as frequently as they did a year ago, but neither he nor Minnesota fans have reason to worry if they come at opportune times. The North Star centre, whose playmaking-bas kept him ahead of last year's production at the same stage when he wound up No. 2 man among National Hockey League rookies, scored FROM MIDTOWN RECREATION Management and Staff Wishes you a Happy New Year! only his fourth goal of the year Thursday night. But it proved decisive, lifting Minnesota to a 2-2 tie with Boston Bruins who have lost but one their last 21 starts. Last year, at the same stage in the season, the then 22-year-old rookie had nine goals and went on to pick up 68 points, which would have been a record for first-year men except for the arrival of Gilbert Perreault with Buffalo Sabres. Perreault topped league newcomers with 38 goals and 72 points, both records. The tie lifted the Bruins I o within three points of New York Rangers, East Division leaders, and the North Stars, second in the West, shaved division-leading Chicago Black Hawks' lead to eight. Buffalo visits Pittsburgh Penguins tonight and Detroit Red Wings entertain California Golden Seals. In view of the Brains current streak, Drouin's score before a record NHL crowd at Minneapolis-15,752-brought a defeaning response and further established general manager Wren Blair as one of the league's wiliest traders. Blair got Drouin from Montreal Canadiens during the 1970 draft for "future considerations" and concluded the deal after the meetings by sending Bill Collins, a 29-goal scorer the previous year with Minnesota, to the East Division club. Collins is no longer with Montreal, but neither Blair nor Minnesota have had reason to regret the trade. Drouin, with only 16 regular season goals last year, was the pivot of Minnesota's No. 1 production line that included wingers Bill Goldsworthy and Danny Grant. The native ' of Murdochville, Que., has experienced the ex- pected sophomore lull in goal production during the 1971-72 season, but it hasn't affected his points standing which leaves him about even with his rookie output at the same stage. His goal took some of the sting out of Boston scores by Phil Esposito, his 30th, and a softy by John McKenzie when North Star goaltender Gump Worsley misjudged the Bruin winger's 30-foot slapshot. MINNESOTA 2, BOSTON 3 First Period - 1. Minnesota, Gibbs 2 (Grant, Parise) 11:34. Penalties-Sanderson 9:31, Orr 11:27, Mohns 18:12, esposito, Harris 19:18. Second Period - 2. Boston, Esposito 30 (Stanfield, Orr) 10:57; 3. Boston, McKenzie 9 (Stanfield, Smith) 15:28. Penalties - Walton 0:42, Harris, Reid, Cashman, Hodge 6:54, O'Brien 8:03, Mohns, Hodge 9:06, Sanderson 17:37, Orouin 18:56. Third Period-4. Minnesota, Drouin � (Goldsworthy, Gibbs) 2:55. Penalties - Cashman minor, misconduct, game misconduct, Mohns 1:54, Bailey 11:03, Reid 15:53. Shots on goal by Boston ............. 8 16 It-40 Minnesota......... 17 21 1-46 Attendance - 15,752. , 11 11 New York Boston .. Montreal .. Toronto .... Detroit ... Buffalo ..-Vancouver Chicago Minnesota . California .. Phila....... Pittsburgh .. St. Louis ... Los Angeles LEADERS: G Esposito, B .............30 Ratelle, NY ............ M Hadfleld, NY ........... K Orr, B ................. '� Gilbert, NY .............24 R. Hull, C ..............." Perreault, But .......... Martin, Buf ............ 24 Stanfield, B ............. 8 F. Mahovlich, M ........ >' 11 21 10 21 9 26 3 116 5 96 7 107 5 76 5 93 e 100 1 78 A Pts 83 44 93 34 115 33 123 21 1*6 20 144 16 172 14 A Pts 81 56 79 53 80 49 103 42 115 32 149 24 123 22 64 53 69 45 144 29 107 27 115 27 124 26 138 19 A Pts. 34 64 39 61 29 S4 38 54 29 53 21 46 28 45 19 43 33 41 21 40 WESTERN CANADA LEAGUE Eastern Division W L T F A Ptl Regina ........ 19 11 1 130 97 39 Brandon .... 19 13 0 154 135 38 Saskatoon ... 17 12 J 153 110 37 Flin Flon ... 16 22 0 138 177 32 Winnipeg ... 13 17 1 109 119 27 Swift Current 13 20 1 129 151 77 Western Division Calgary..... 24 5 1 147 67 *9 Edmonton .. 21 11 2 156 130 44 Medicine Hat 19 IB 1 182 174 39 New West. ... la 15 0 120 120 32 Victoria .. .. 8 25 2 100 158 18 Vancouver . .. 8 24 0 100 180 16 HOCKEY SCORES National Boston 2 Minnesota 2 American Hershey S Nova Scotia 2 Western Salt Lake 3 Seattle 2 Manitoba Junior Portage la Prairie 7 Selkirk I Kenora 6 St. Boniface 4 St. James 5 Winnipeg Monarchs 1 Saskatchewan Junior Melville 5 Moose Jaw 1 Regina Foxes 4 Regina Pats I Prince Albert 10 Wilcox 3 Western Canada Brandon 7 Flin Flon 3 New Westminster 7 Saskatoon 5 Medicine Hat 12 Edmonton 6 Alberta Junior Red Deer 7 Edmonton Leafs 4 British Columbia Junior Vernon 10 Kelowna 0 I HOLIDAY HOURS: Closed Dee. 31st, New Year's Eve at 7:00 p.m. Closed Jan. 1st, New Year's Day and Sunday, Jan. 2 Re-opening Monday, Jan. 3 at 9:00 a.m. 325 5th St. South ANDY VAN DOORN ANDY'S BARBER SHOP Is Now Open! Andy would like to invite his many friends and customer* to visit him in his new location at . . . 526 6th STREET SOUTH (Next door to Baxter's Plumbing) PHONE 328-7215 - NO APPOINTMENTS NECESSARY We're circling the New Year with the best round-up of wishes for 11 you. Many thanks. , ELRICH TIRE LTD. COMPLETE TIRE SALES & SERVICE 402 1st Ave South Phone 327-6886 or 327-4445 ;