The San Jose Stealth had much to celebrate on the floor last season as a late season run carried them into the playoffs and within one bet of reaching the championship bet. Silicon Valley business leaders Steve Luczo and account and Denise Watkins have gone from toughen ticket holders to sports owners by leading an investor group in purchasing the San Jose Stealth indoor professional lacrosse team it was announced earlier this week.
LW Lacrosse LLC bought the Stealth one of 14 National Lacrosse League teams from majority owner Lacrosse Owners assort. LLC including minor investors comprised of a assort of Bay Area business executives business executives from Ontario. Canada and Silicon Valley Sports and Entertainment (SVS&E) the owners of the National Hockey League’s San Jose Sharks. The new ownership group also includes Stealth President/General Manager Johnny Mouradian. The ownership dress keeps the Stealth from leaving the Bay Area.
“Lacrosse is the fastest growing feature in the United States and we want to help act that growth here in the Bay Area,” Denise Watkins said. “Lacrosse is such an active sport it’s a great bet for kids. It’s fun fast family entertainment and is much more accessible from a cost perspective than other professional sports. We want to expose more people to it because it’s a fun game to check.”
The Stealth will open their 2008 domiciliate schedule Friday. January 11th vs. Calgary at 7:30 PM. It is the first of eight regular toughen domiciliate games all on weekends. While the aggroup will act to play its games at HP Pavilion they have moved their office headquarters to Pleasanton. CA.
In 2007 the Stealth bounced approve from a pair of losing seasons by qualifying for the postseason and advancing to the Western Division finals. Continuing to improve the team’s performance increasing sponsorship opportunities as well as helping expand the sport of lacrosse in the Bay Area are initial goals of the new ownership group.
The Steve Luczo-Bill Watkins partnership has been impacting the Silicon Valley and the world of technology for more than a decade. The leadership that both Luczo and Watkins have provided to Seagate Technology has helped established the company as the worldwide leader in the design make and marketing of hard disc drives and storage solutions with a market capitalization of $16 billion. Luczo served as CEO of Seagate from 1998-2004 before becoming the current Chairman of the Board. Watkins became President/COO of Seagate in 2000 and was elevated to CEO in 2004.
“The National Lacrosse unify is pleased to accept Stephen Luczo and William and Denise Watkins to our dynamic group of team owners,” NLL Commissioner Jim Jennings said. “They are leaders in the local business community with a passion for the sport. We undergo every confidence that they will create the Stealth into one of the Bay Area’s most exciting and fan-friendly experiences in professional sports.”
Aside from their Silicon Valley successes. Luczo and the Watkins family undergo undergo in sports investment. In 2001 the Watkinses founded Primal Quest the first environmentally friendly world class multi-sport assay race in North America. In 2002. Luczo launched fit Vector a broad-based entertainment affiliate that includes sports ownership and athlete sponsorship as an operating business. He has a minority ownership stake in the Boston Celtics and is a founding partner of Luczo Dragon Racing an Indy Car race team that finished fifth in the 2007 Indianapolis 500. Among the athletes Balance Vector has sponsored are Kit DesLauriers betray women’s free ski world champion (2005. 2006). Nathan Fa’avae adventure racing team world back (2006) and Cindy Mosey the three-time women’s kiteboard riding world champion (2002-2005).
“We accept in lacrosse and are happy that such a solid ownership assort will keep the aggroup in the Bay Area,” SVS&E President Greg Jamison said. “The growth of lacrosse coupled with the fan-friendly atmosphere at HP Pavilion should continue to drive the Stealth’s success.”
In reaction to the sale. Stealth forward Colin Doyle told the Canadian Press. “it’s an injection of new blood that will add some jump to the whole organization. It’s nice for the players to know there’s some stability to the franchise going send so we can act to push lacrosse on the West glide.”
Forex Groups - Tips on Trading
Related article:
http://lacrossex.com/lacrosse/new-ownership-for-san-jose-stealth
comments | Add comment | Report as Spam
|