The new chairman of the Nashville Predators agreed today to keep the team in town through 2012. In exchange, the Metro Sports Authority will not hold the ownership group in default of a contract governing the team’s annual $7 million subsidy from the city.
Post Tagged with: "David Freeman"
Questions surrounding a tax lien have forced the lead owner of the Nashville Predators to step down as the team’s chairman. David Freeman has notified Metro Government he will hand the role off to Healthways founder Tom Cigarran, who is part owner of the team.
The Metro Sports Authority has put a deadline on David Freeman, the lead owner of the Nashville Predators, to resolve a $3 million tax lien. The board voted Friday to hold off on putting the team in default of its Sommet Center lease. The tax dispute from 2007 wasn’t disclosed when David Freeman helped buy the hockey team the same year, which could put the owners in default of anRead More
Members of the Metro Sports Authority are using a possible breach of contract to negotiate more favorable terms for the city’s $7.4 million subsidy to the Predators.
The Metro Sports Authority decided today to dig deeper into the finances of the Nashville Predators. Board members are worried about the financial health of the team’s owners.