[0] Game Plan LLC Retained by Robert Sturges to Pursue Orlando Magic Ownership Bid.Sports Editors/Basketball Writers & Columnists BOSTON--(BW SportsWire)--Feb. 21, 2002 Game Plan LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , one of the country's premier investment banking firms for the sports and entertainment industry, has been retained by Robert Sturges Sir Robert Grice Sturges (born 1891; died 1970) was an officer in the British Armed Forces, Royal Marines. In World War I, Sturges fought in the Battle of Gallipoli and the Battle of Jutland. , Florida businessman and minority owner of the Miami Heat The Miami Heat (known as the HEAT [in all capital letters] on official team publications) are a professional basketball team based in Miami, Florida, United States. They play in the National Basketball Association (NBA). , to assist in the effort to acquire the Orlando Magic The Orlando Magic is a professional basketball team based in Orlando, Florida. They play in the National Basketball Association (NBA). History Early years The Orlando Magic officially entered the NBA as an expansion franchise in 1989. . "Bob has the experience and contacts in the league that make him an excellent candidate for this project," said Robert Caporale, chairman of Game Plan. "His longstanding relationships in the NBA NBA abbr. 1. National Basketball Association 2. National Boxing Association NBA (US) n abbr (= National Basketball Association) → Basketball-Dachverband (= , having been involved with the Miami Heat since its inception, will serve him well in this effort. In recent weeks, he's been quietly assembling his team of investors and industry consultants." In 1988, while working for Ted Arison Ted Arison (1924 – October 1 1999) was an Israeli-American businessman who co-founded Norwegian Cruise Lines in 1966 with Knut Kloster and founded Carnival Cruise Lines in 1972. at Carnival Corporation, Sturges was instrumental in bringing the NBA to Miami. He oversaw Heat operations and served as a representative for the team on the NBA Board of Governors until 1995. Sturges began his relationship with Arison in 1983 while still a partner in a New Jersey law firm advising Carnival on various regulatory and business matters and officially joined the Carnival organization in 1986, serving as president of the company's resort and gaming interests. He later became a major shareholder and Director of Carnival Hotels & Casinos, which was successfully sold several months ago. "Game Plan's successful track record in closing similar deals and low-key, professional approach are a perfect fit for me," said Sturges. "We are enthusiastic about this opportunity and are looking forward to working with the NBA and Magic ownership on this transaction." Game Plan LLC provides consulting, financial advisory and investment banking services to the sports and entertainment industry including the acquisition, sale, and debt and equity financing Equity Financing The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation. of professional sports The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. teams, leagues and facilities. The firm has extensive experience in the purchase and sale of sports teams and facilities and provides investment banking services to buyers, sellers, owners and investors in the professional sports industry. The founders of Game Plan, Robert L. Caporale and Randel E. Vataha, own the majority interest in Game Plan and a subsidiary of FleetBoston Financial Corporation owns a minority interest in Game Plan. The Fleet Sports Finance Group is an industry leader in the financing of sports teams and facilities. |
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