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| NewsWednesday, March 19, 2008 2:45 PM CDT |
New local owners to take over Thunder hockey team within weeks
Bloomington attorney named president of Coliseum tenant
BLOOMINGTON -- Bloomington attorney Tim Leighton was named president of the Bloomington PrairieThunder on Tuesday, the first step toward his investment group taking ownership of the minor-league hockey franchise. Leighton told The Pantagraph that he is a part of a group that eventually will buy the two-year-old franchise from Tony Lisman, a Muskegon, Mich., businessman. “Tony has believed that there should be local ownership, and we’re making it happen,” Leighton said. Leighton has served as Lisman’s legal counsel since October and has been at the front of the negotiations to buy the team. Lisman also owns the Muskegon Fury, which along with the Thunder is a part of the six-team International Hockey League. Leighton and his group would be the team’s third owner after Lisman bought full ownership of the Thunder last May from partners John Butler and Mike Nelson of Central Illinois Arena Management. Talks have remained active with Leighton and his group, with hopes that a deal will be finalized in the next few weeks, Lisman said in a statement. Leighton, who said he hopes to make a formal announcement of the change of ownership in the coming weeks, said Bloomington-Normal has a strong potential for a hockey team. “It’s business as usual for the PrairieThunder, and the focus right now is that the team finish the season on a high note,” he said. Leighton said he had never been to a hockey game before he bought four season tickets for the Thunder’s first season. “I got hooked on hockey,” he said. In his late 40s, Leighton is a native New Yorker and lived for 20 years in Washington, D.C., before moving to Bloomington 11 years ago. He counsels clients in Central Illinois and Washington on legal issues relating to trusts, estates, business planning and other matters. Rumors have long circulated that the players had stretches during the season when they were not properly outfitted with enough equipment. Leighton said he was “sorry the players had some bumps in the road.” He added that in the past couple of weeks that the players have had what they needed. “Bills are getting paid, and the players have equipment,” he said. According to the contract between the city of Bloomington and Central Illinois Arena Management, owned by Nelson and Butler, the management group must have a hockey team as a tenant at U.S. Cellular Coliseum. Included in that contract is a clause that the hockey team must be debt-free. A letter dated Feb. 20 between the attorneys for the management group and the hockey team indicated the team was not debt-free. In the letter, Bill Mueller, attorney for the management group, said BMI Hockey, which owns the Thunder, was in default of several terms of the lease including, “BMI Hockey’s failure to pay license fees/game fees, parking fees, facility fees and reimbursable expenses. (BMI Hockey) is also in default because it is not debt free, is under-capitalized and in violation of International Hockey League rules.” Mueller sent the letter, which threatened to end the lease with the hockey team, to Leighton as well as Bloomington City Manager Tom Hamilton, city attorney Todd Greenburg and IHL officials, including league President Paul Pickard. After the letter was sent, city officials, including Mayor Steve Stockton, met at Bloomington City Hall with Pickard, Nelson and Mueller to discuss the financial status of the hockey team and the possibility of a local group taking over ownership of the team. A day after the meeting, Nelson would not comment on how much Lisman owed the management group and the city. He added, “It’s getting done.” However, Mueller’s letter indicates there had been a long-standing problem. The letter was sent after a notice of default was sent to the team Jan. 9. “Further, BMI Hockey LLC has failed to cooperate with and respond to the reasonable requests of Central Illinois Arena Management Inc. and the city of Bloomington,” Mueller wrote. |
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