Tag: david freeman

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Bridgestone Arena business is booming, per the Nashville Post

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Since local ownership took over the Nashville Predators in late 2007, a greater focus on non-hockey events at their arena has led to a boom in business.

Former Preds sponsor Sommet Group heading for liquidation

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That gurgling sound you hear? That's the Sommet Group, a former arena sponsor of the Nashville Predators, going down the drain.

Predators ownership provides guarantees to Nashville

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Reports indicate that Nashville's Metro Sports Authority has accepted new financial guarantees from the Predators ownership group, which should pretty much wrap up the David Freeman tax lien issue.

David Freeman steps down as chairman of the Nashville Predators

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David Freeman has stepped down as chairman of the Nashville Predators, in light of his dispute with the Metro Sports Authority over an ongoing tax case with the IRS.

Nashville's Metro Sports Authority urges Freeman to resolve tax lien

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Nashville's Metro Sports Authority is taking steps to ensure that Nashville Predators chairman David Freeman repairs his guarantee to the city.

Preds' relationship with Sports Authority tests financial privacy

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With the meeting between the Nashville Predators and representatives of the Metro Sports Authority slated for later this month, it appears that most of the issues at stake here involve how much...

Predators are in dire straits...actually, no, they're fine

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The traditional media in Nashville has turned tabloid. The new media is doing yeoman's work while reporting on heavy issues facing the Predators.

"You’ve got the instability of CIT, the Del Biaggio bankruptcy, the lien from 2007 against Mr. F...

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"You’ve got the instability of CIT, the Del Biaggio bankruptcy, the lien from 2007 against Mr. Freeman. All of that leads me to a sense of insecurity in terms of the team’s ability to move forward," Authority member Rusty Lawrence said. Lawrence also wanted the Predators to answer general questions about their financial health, because a provision of their lease agreement could give them the ability to leave Nashville next year.

— The Tennessean

Del Biaggio’s stake in the team is still held by the U.S. Bankruptcy Court. Freeman said yesterday i...

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Del Biaggio’s stake in the team is still held by the U.S. Bankruptcy Court. Freeman said yesterday in an e-mail message to the Predators "senior staff" that he also forwarded to The Globe and Mail, that the bankruptcy case was behind his cash-flow problems. Freeman said he loaned the Predators "several million dollars" in 2007 on what was supposed to be a short-term basis to finalize the sale. But when the Del Biaggio scandal hit, Freeman was forced to turn the loan into an unexpected equity investment in the team.

— David Shoalts, The Globe and Mail

Nashville Predators principal owner David Freeman admits personal cash-flow issue

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In an email sent to senior staff at the Nashville Predators and forwarded to The Tennessean, team chairman and principal owner David Freeman admitted that cash-flow problems are forcing him to sell...

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