Fun While It Lasted

The Untold Stories of Forgotten Teams

Franchise Sale Prices: Football

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Arena Football League

Expansion fees:

  • 1990 – Albany Firebirds – $125,000 (Joseph O’Hara & Glenn Mazula)
  • 1993 – Milwaukee Mustangs – $250,000 (Andrew Vallozzi)
  • 1998 – Los Angeles Avengers – $5.0 million (Casey Wasserman)
  • 2003 – Austin (TX) Wranglers – $16.2 million (Greg Feste, et al.)
  • 2005 – Kansas City Brigade – $18.0 million (Tyler Prochnow, Chris Likens, et al.)

Sales of existing franchises:

  • 1994 – Tampa Bay Storm – $477,000 (Bob Gries to Peter “Woody” Kern)
  • 1995 – Connecticut Coyotes – $750,000 (Connecticut Development Auth. to Ben Morris & Scott Gerard)
  • 1995 – Las Vegas Sting – $1.0 million (? to Roy Englebrecht, C. David Baker et al.)
  • 2000 – Iowa Barnstormers – $7.0 million (Jim Foster to Charles Wang, Russ Artzt & Sanjay Kumar)
  • 2000 – New England Sea Wolves – $7.0 million (Madison Square Garden Corp. to Rogers Communications, et al.)
  • 2007 – Tampa Bay Storm – $18.8 million (Peter “Woody” Kern to Dr. Robert Nucci)

Canadian Football League

Expansion fees:

  • 1994 – Baltimore CFL Colts/Stallions – $3.0 million (James Speros)

Sales of existing franchises:

  • 1969 – Ottawa Rough Riders – $750,000 (? to David Loeb)
  • 1977 – Ottawa Rough Riders – $1,500,000 (David Loeb to Allan Waters)
  • 1987 – Ottawa Rough Riders – $1 (Allan Waters to group of 27 community investors)
  • 1991 – Ottawa Rough Riders – $1 (CFL to Bernie & Lonie Glierbman)
  • 1991 – Toronto Argonauts – $5.0 million (Harry Ornest to Bruce McNall, Wayne Gretzky & John Candy)
  • 1994 – Toronto Argonauts – $6.5 million CDN (Bruce McNall, et al. to The Sports Network)

United States Football League (1983-1985)

Expansion fees:

  • 1983 – Jacksonville Bulls – $6.0 million (Fred Bullard)
  • 1983 – Memphis Showboays – $6.0 million (Logan Young)
  • 1983 – San Antonio Gunslingers – $6.0 million (Clinton Manges)

Sales of existing franchises:

  • 1983 – Arizona Wranglers – $7.0 million (Jim Joseph to Dr. Edward Diethrich)
  • 1983 – Chicago Blitz – $7.2 million (Dr. Edward Diethrich to Dr. James Hoffman)
  • 1984 – Denver Gold – $10.0 million (Ron Blanding to Douglas Spedding et al.)


World Football League (1974-1975)
Original Franchise Fees:

  • 1973 – Chicago Fire – $0 (Nick Mileti)
  • 1973 – Memphis/Houston Texans – $0 (Steve Arnold)
  • 1973 – New York Stars – $0 (Bob Schmertz)
  • 1973 – Philadelphia Bell – $0 (Gary Davidson)
  • 1973 – Toronto Northmen/Memphis Southmen – $0 (John Bassett)
  • 1974 – Jacksonville Sharks – $650,000 (Fran Monaco)

Sales of Existing Franchises:

  • 1973 – Chicago Fire – $440,000 (Nick Mileti to Thomas Origer)
  • 1974 – Philadelphia Bell – $690,000 (Gary Davidson to John B. Kelly, John Bosacco, et al.)

World League of American Football

Original franchise fees:

Written by andycrossley

May 13, 2011 at 5:18 pm

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