Forget Hawks, Thrashers — J.B. Smith has other issues (UPDATED)
Ed Peskowitz, Michael Gearon and Bruce Levenson are among the Atlanta Spirit owners looking to sell Hawks and Thrashers.
(UPDATED BELOW: 4:15 p.m.)
It remains to be seen if the Thrashers are sold and moved to Winnipeg, or if the Hawks and Philips Arena operating rights are sold to new ownership. But that’s the way to bet.
Also, don’t bet on J.B. Smith.
I’m not going to spend a lot of time on Smith because appearances are that he’s just one more name in a sea of pretenders who claim to be interested in one or all of the Atlanta Spirit properties. But he and others have never taken the necessary steps to prove their financial worth (assuming they have sufficient worth).
Smith has been pimped by some as this shadowy, mysterious figure who was going to swoop in and buy the teams and arena and save the day. One of his mouthpieces is a guy named Jay Clemons, who has written about fantasy football for SI.com. Clemons, however, now doesn’t hide the fact that he is Smith’s spokesperson. He has informed all on Twitter that all media inquiries for Smith can go through him.
So much for objectivity. At least now, he’s not pretending to not have an agenda.
(UPDATE: Clemons has changed the name of his Twitter account and no longer works for SI.com.)
Anyway, back to Smith. The Journal-Constitution has been aware of him and other potential bidders for some time, but we like to practice this thing called responsible journalism. I know, go figure. Believe it or not, a line does exist between news and Twitter.
But now that Smith’s name is out — thanks to my pal and former AJC staffer Craig Custance of The Sporting News, who did some terrific reporting and was able to reach Smith — I thought this was worth mentioning.
Two companies, iSekurity and Equity 11, have put out a news release, disassociating themselves with Smith. In fact, the headline on website reads, “JB Smith Not Associated With Equity 11 and iSekurity.”
An Equity 11 website still lists Smith as managing partner, but the news release was issued by chief operating officer Matt Bitonti and quotes chairman Jim Juliano. According to the release, the Oakland County (Mich.) Circuit Court has a $1.9 million judgement against Smith.
Here’s the release:
WARREN, MI–(Marketwire – May 18, 2011) – Equity 11, Ltd. and iSekurity, an identity theft security and restoration firm comprised of former United States Federal Agents, announced today that media reports about JB Smith’s association with Equity 11 and iSekurity are untrue.
“The shareholders of Equity 11 and iSekurity removed JB Smith from all positions he held with our companies in June 2010,” said Jim Juliano, Equity 11’s and iSekurity’s Chairman. “In addition, the Oakland County Circuit Court entered a $1.9 million judgment against JB Smith, banned him from all positions with Equity 11 and iSekurity and ordered him to relinquish any ownership in these companies. JB Smith has not made any payments on this judgment. Several other creditors are also seeking payment from JB Smith.” The Court took this action in Oakland County Circuit Court Case No. 10-1100121-CB.
♦
UPDATE: For those inquiring about Smith’s name still being on the Equity 11 website, I just spoke to Bitonti. His comments: “Equity 11 is not operating any longer. We’re in the process of getting the website taken down.”
Bitonti acknowledged that Smith once ran Equity 11, which was over iSekurity, but that hasn’t been the case since June of 2010. “This happened a long time,” Bitonti said, adding that the news release was issued Wednesday only because Smith’s name came up as being connected with the company.
He declined to answer any other questions about Smith or his interest in the teams.
♦
One postscript. Clemons claims on his Twitter feed that Smith plans to attend a Thrashers’ select-a-seat day Saturday at Philips Arena, assuming such an event still takes place. Don’t hold your breath.
By Jeff Schultz
♦
– Earlier: Hawks’ decision to bring back Rick Sund was expected
– Earlier: Hawks save Braves, who are in a position to make a move
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143 comments Add your comment
Alan R.
May 18th, 2011
2:44 pm
He’s filed a motion to dismiss.
Runner-
May 18th, 2011
2:44 pm
FIRST!!!!!!!!!!!!!
ThrashFan
May 18th, 2011
2:50 pm
Thankfully, there have still been no updates here: http://www.didthethrashersmovetowinnipegyet.com/
SportsFan
May 18th, 2011
2:52 pm
LOL…Alan…really…does that matter? He has no money! Plus he isn’t exactly legit for ownership now is he. If you think the NHL BoG want a guy like this in their league, I have some swampland to see you.
Sean
May 18th, 2011
2:53 pm
I guess we know why #TheBalkan couldn’t be revealed until it was too late — he and John Kincade have been going in on lottery tickets for the last 5 months, hoping that one would hit and they could save the franchise. Nice reporting, Kincade.
Rick Sund
May 18th, 2011
2:54 pm
I like this JB Smith already. He has so much UPSIDE!
tonyb
May 18th, 2011
2:55 pm
It seem this franchise and its fan base just can’t catch a break.
Forget Hawks, Thrashers — J.B. Smith has other issues | SweetLittleAss.com
May 18th, 2011
2:56 pm
[...] http://blogs.ajc.com/jeff-schultz-blog/2011/05/18/forget-hawks-thrashers-j-b-smith-has-other-issues/... [...]
rn
May 18th, 2011
2:56 pm
First.. the statement that the AJC “likes to practice this thing called responsible journalism” was hysterical.. oh, wait, you weren’t joking?
The AJC has done everything in their power to first ignore the Thrashers since the team has been in town other then taking the opportunity to bash the fans and players. Your own reporter (Chris V.) has been appearing on Radio in Winnipeg giving them every reason to think that the Thrashers have no support here in Atlanta. Add to that the doom and gloom reporting that the team is leaving while slamming anyone who has shown interest in keeping the team in town.
It’s sad that the local ‘newspaper’ can only report what they see on Twitter and on blogs and can’t do any real RESPONSIBLE reporting about this story.
Alan R.
May 18th, 2011
2:57 pm
SportsFan – Pardon? I’m stating a fact, for full disclosure. Do try to keep up.
SportsFan
May 18th, 2011
2:59 pm
RN…Viv has never been asked to appear on local radio, get your facts straight. He has been asked to go on Winnipeg radio because they care about the NHL and what is happening. Obviously Atlanta does not.
Joe Friday
May 18th, 2011
2:59 pm
This Balkan story was nonsense from the get go, look at that web site for Equity 11. com, amateur hour at best, it still lists Smith on there and still has a broken link to the Steeler story that discredited him as well. It looks like a site put together in 20 minutes by Mrs. Baker’s 4th grade technology class.
We need a new owner, but please don’t buy into fairy tales dreamed up soap opera watching hotheads with ) credibility.
Jim
May 18th, 2011
3:00 pm
True North Blinks!
Multiple sources are reporting that the Winnipeg group wanting to buy a NHL team now is asking for government help in financing the deal.
Seems like the financial pockets are not as deep as has previously been reported. At least two sources independent of each other have reported to me that the chance of government assistance is next to zero.
SportsFan
May 18th, 2011
3:01 pm
Go for it Alan. Doesn’t change the fact he can’t afford what the ASG are selling.
SportsFan
May 18th, 2011
3:02 pm
Jim – they are not assisting in the purchase of the team or any possible future losses. It is just for upgrades to facilities or streets in the area of the arena downtown.
Madeleine
May 18th, 2011
3:04 pm
J.B. Smith is just an attention seeker. The NHL & the ASG don’t even acknowledge this guys exists which speaks volumes.
Joe Friday
May 18th, 2011
3:05 pm
yep, the Winnipeg assistance request is BAD news for us, they’re laying the groundwork in anticipation of the club being there
PMC
May 18th, 2011
3:07 pm
In this list of names (pretenders) Jeff, have you also included the members of the ASG?
Drama in the Desert & Dixie: Flames owner backs Winnipeg bid, Potential Thrasher saviour discredited, Jets still name of choice for team in Winnipeg. | Illegal Curve Hockey
May 18th, 2011
3:10 pm
[...] Journal Constitution: Forget Hawks, Thrashers - J.B. Smith has other issues. Schultz doesn’t pull any [...]
Mark C.
May 18th, 2011
3:10 pm
I spoke with Matt Bitonti, COO for Isekurity, who released the statement this afternoon, and confirmed the press release as valid. He went on to say there are old websites, that still list Smith, and wanted to set the record straight.
I don’t think he was trying to exhile Smith or anything like that. Probably just didn’t want to deal with all the calls and inquiries.
PMC
May 18th, 2011
3:10 pm
I’m still pulling for Lil John….. WHAT?
The Crunkest Hockey team in America.
JimisDim
May 18th, 2011
3:12 pm
Hey Jim, stop spreading lies. You obviously have no “sources” as you’re making sh*t up.
They’re not asking for assistance to buy the team or the arena (It’s paid off already). They’re asking for a loan to get the province involved because they plan on developing around the arena (street work, skywalks, 5 star hotel, bars, restaurants, possible casino, etc…). This is called diversifying to off side any “possible” future losses is any.
Winnipeg will have the richest owner in North American Sports so to say “Seems like the financial pockets are not as deep as has previously been reported” is just plain ignorant.
Urinal-Constipation
May 18th, 2011
3:12 pm
This is the most laughable claim an AJC staffer has ever made:
“The Journal-Constitution has been aware of him and other potential bidders for some time, but we like to practice this thing called responsible journalism.”
thom glavine yorke
May 18th, 2011
3:18 pm
wow..i was thinking the same thing, it’s almost hilarious that the AJC is covering this story since it’s not college football or chippers knee. c-viv wants to be mayor of winnipeg and i’m sure he’ll get his wish. also..why don’t you all call it like it is, john kincade pissed off the AJC, this is your return fire because j.b smith was his guy. be honest, responsible journalist.
SportsFan
May 18th, 2011
3:21 pm
So reporting “The Balkan” as a saviour for 3 months when he is really not is a good thing to do? Please, doing that just gets people’s hopes up until the day they get majorly dissapointed in the result (JB Smith).
Athrasherfan13
May 18th, 2011
3:22 pm
Funny…..John Kincade has been unusually quiet the past few days……..especially today. Tweeters remorse perhaps?
I’m not sure what Mr. Kincade was thinking through all of this. I would have hoped that he did his own due diligence before associating himself with J.B. Smith, aka @TheBalkan, and perpetuated this fraud against the Thrashers fans. He has just tanked any credibility he may have had in ATL sports with his irresponsible stunt.
I for one, will never listen to this moron on the radio again. I would go so far as to say I would listen to the Laurentino Show during drive-time if it would get Kincaid out of town. If I were Dickey Broadcasting, I’d send him out on the same boat that sailed him out of Philly. He is better suited to reporting on the daily soaps for some 3rd-rate radio station with no reach in major markets.
And while Kincaid may have been perpetuating false hopes to the Blueland Fans, lets say that the AJC has not been much help either through all of this. Yes, the ASG are a bunch of dysfunctional morons and don’t have a clue about running a successful sports franchise (i.e. spending $100 million on a player who chokes in the playoffs, both before the $100 mil and after). Frankly, I am surprised that they did not further their tree-hugging LEEDS efforts by having the players from both sports teams in the Arena durnig the intermission or half-time, with plastic bags collecting paper and plastic. If they put half as much time, money, caring and effort into the operation of the franchises as they did into LEEDS, we would have been better off. But I digress……in addition to the Kincade damage, the constant bashing and trashing by the AJC and other media outlets all but crushed the chances of getting a solvent, credible investor or investors to take over either or both teams.
Thanks for nothing.
Boom Dizzle
May 18th, 2011
3:28 pm
@Urinal Constipation – I found that part hilarious as well. Well all know that the AJC and responsible journalism don’t go together…..
This is the most laughable claim an AJC staffer has ever made:
“The Journal-Constitution has been aware of him and other potential bidders for some time, but we like to practice this thing called responsible journalism.”
SportsFan
May 18th, 2011
3:30 pm
Great post Athrasherfan…well said
canofpeas
May 18th, 2011
3:31 pm
I thought it couldn’t get any more pathetic than the Rollins “bid” but it looks like JB Smith has topped it.
Jeff Schultz
May 18th, 2011
3:32 pm
RN — “The AJC has done everything in their power to first ignore the Thrashers since the team has been in town . . .” You need to go back to find newspapers from when franchise was awarded and early seasons of coverage because you just lost all credibility with that statement,.
Jeff Schultz
May 18th, 2011
3:36 pm
JimIsDim — That’s my understanding. Winnipeg people are asking for some sort of promise of development in the area of the arena. It’s not like a government bailout.
Jeff Schultz
May 18th, 2011
3:36 pm
Mark C .. “I spoke with Matt Bitonti, COO for Isekurity, who released the statement this afternoon, and confirmed the press release as valid. He went on to say there are old websites, that still list Smith, and wanted to set the record straight.
I don’t think he was trying to exhile Smith or anything like that. Probably just didn’t want to deal with all the calls and inquiries.”
Thanks.
rich jewell
May 18th, 2011
3:37 pm
Ask me about the ajc and responsible journalism
Jeff Schultz
May 18th, 2011
3:37 pm
PMC — Don’t hold your breath on L’il John either.
Jeff Schultz
May 18th, 2011
3:39 pm
Urnial Constipation — Then why are you reading? Go away. Love ya, J.
Rumun Ndur
May 18th, 2011
3:39 pm
remember me Schultz? ..what about Per Svardvadet? okay that was easy.. did you know we had Mark Tinordi on paper that first magical season, even Bill Huard, he punched people ! I think we settled for Hnat Domichelli..
see.. I am an original fan. Petr Buzek ! Gosh..Ed Ward.. Kelly Buchbergar is still the only real capatin we’ve ever had ! sigh.
Jeff Odgers
May 18th, 2011
3:42 pm
I miss Turner South ! we had a pre-game show ! they actually talked about the lineups ! biggest mistake they ever made was letting erin andrews leave!!
William Satterwhite
May 18th, 2011
3:48 pm
Jeff, I have the utmost respect for you and some of your colleagues so please don’t take offense to any of the following. I fully understand and respect that the AJC has a commitment to “responsible journalism” but in this case, wouldn’t the responsible thing for you and your colleagues to do as journalist be to report the story no matter what? The story here isn’t that a prospective buyer with an absolutely impeccable resume wants to buy the three ASG holdings, the story is that a prospective buyer (regardless of his resume and regardless of his backstory) wants to buy the ASG holdings. Your job as a journalist is to report the story and present the facts so that we the readers can be as well informed as we can be and make up our own minds. If anything, if Mr. Smith is indeed as shady and as big a joke as you claim, you and your colleagues have done the Atlanta community a grave disservice by not reporting on his story at all despite the fact that his existence has long been speculated.
Again, I have the utmost respect for you and some of your colleagues but in regards to this story (and the entire ASG yard sale saga for that matter), I can’t help but think that the AJC has dropped the ball to a significant degree in it’s reporting. If the Thrashers beat writer can go on Canadian radio and give details about specific offers made to purchase the Thrashers, why can’t he report that to his actual readers in Atlanta? If a notable Atlanta Thrashers employee goes on Canadian radio and proclaims that ASG’s stated losses for the team are manufactured to a certain degree and gets on another Canadian radio station and proclaims that ASG basically washed their hands of the Thrashers after Atlanta hosted the All-Star game, is anyone in Atlanta bothering to investigate and report on a story there? When a former Atlanta Flame who is worked with Tom Glavine’s prospective ownership group gets on (again, Canadian radio) and proclaims that ASG is purposely making a deal to purchase the Thrashers extremely difficult, is anyone in Atlanta bothering to report on a story there? Again, just report to us the story, whatever it may be, and present the facts therein and let us the readers decide if it’s worth our time.
bali
May 18th, 2011
3:55 pm
hey, this guy smith sounds like a perfect fit for the hawks and thrashers
Responsible Journalist
May 18th, 2011
3:57 pm
Who would win in a hockey fight between Chris “volcano punch” Vivlamore Vs. John “killer” Kincade ? Jeff “the hammer” Schultz can be a linesman.
Smoothie
May 18th, 2011
4:00 pm
Where in the hell is Erin Brockovich when you need someone to ask all the hard questions??
Does anyone want to hear JB Smith’s side of the story? It’s probably BS but shouldn’t you at least attempt to contact him as opposed to write him off completely? If nothing else, aren’t you at least a little curious as to what he and/or his camp might say?
Smoothie
May 18th, 2011
4:07 pm
Well said Mr. Satterwhite! Astute as always. #goodjournalism
SportsFan
May 18th, 2011
4:07 pm
Smoothie – it would be wasting everyone’s time, especially ASG and Atlanta. They knew about him 3 months ago and have not proceeded.
Steve Belkin
May 18th, 2011
4:12 pm
Miss me yet?
Smoothie
May 18th, 2011
4:13 pm
SportsFan – there could be a reason the Motion to Dismiss was filed the same day as the announcement from the JB Smith camp. While the “evidence” doesn’t look good for the Smith camp, the AJC isn’t really doing anything to back up their “source” or cause to dismiss him without further inquiry and/or a cross-check of stories from Mr. Smith himself. Isn’t it their job to present both sides even if the outcome seems silly? If they’ve read the court documents and the evidence has led them to a certain conclusion, why not tell us that in a matter of words? Why all this hearsay kind of reporting?
Smoothie
May 18th, 2011
4:35 pm
Thanks Jeff for taking the time to call him and get a statement. Any designs on calling JBS or Jay Clemons for the other side?
EA
May 18th, 2011
4:46 pm
Kincade, tweets, there are two sides to the story. Who knows?
Jeff, you all may have “accurate” reporting, but the coverage of the Thrashers and the NHL has been very limited. What stands out to me most was there was virtually NO coverage of the All Star game when it was here. I remember that being pointed out to you and others at the time. That was the high point of the NHL in Atlanta other than our one playoff appearance. There are hockey writers who still refer to the amount of fans, the quality of the fans and the great job Atlanta did hosting the event. Yes, it was 3 years ago, but that was when it seems the city checked out of hockey in Atlanta. If I did not know anything about hockey, I certainly would not have become a fan reading the AJC. I don’t think I stand alone feeling that the coverage of the sport has been limited and negative. Just my opinion.
rn
May 18th, 2011
4:49 pm
Jeff- You need to go back to find newspapers from when franchise was awarded and early seasons of coverage because you just lost all credibility with that statement
Single column stories on page 6 of the sports section is not exactly covering Hockey.
I remember the days when the AJC didn’t even bother sending a reporter to the games and instead picked up photos from the wire.
And now the AJC is ‘getting with the times’ and using Tweets and blogs as sources for their story.
What happened to responsible reporting of FACTS and not throwing bombs?
Alethia
May 18th, 2011
4:50 pm
JB Smith? Really? This is the same guy that went on CNBC to say he was buying part of the Steelers right after the Superbowl right? They really needed the money right after the Superbowl, you know, the owners (Rooney) aren’t that wealthy, right, so JB Smith graciously offered to buy the team to help them out.
The video is here for your review.
http://video.cnbc.com/gallery/?video=1024205667
Let me speak clearly, JB is a master con artist who pretends to be half mobster and half VC. Do some searching on his name an iSekurity and you will have no difficulty identifying the pattern.
It’s amazing how his name still manages to elicit a response. Mostly due to the fact that he’s managed to screw so many people that there is a whole legion out there ready to let the world out know when resurfaces. The $1.9m law suit is only one of his problems.
For those of you in the know: http://www.complaintsboard.com/complaints/isekurity-identity-protection-c331760.html
Alethia
joey1
May 18th, 2011
4:51 pm
hawk owner are a joke.. they just have money and are too cheap to go into luxury tax to actually make a team that can compete for championships… the hawks have been a top 8 the last 3 years we need a center and to trade marvin williams then this team will succeed..
imagine trading marvin williams and horford for andrew bogut, then sign free agent al thorton to small forward..
starting lineup teague,joe johnson, al thorton, josh smith, andrew bogut
JetsFan
May 18th, 2011
5:01 pm
John Kincade was on WPG radio last night saying it was only the CDN media that was quick to dismiss all of the local investors who have come forward to keep the team in ATL. Thanks for staying objective Jeff, maybe there is a difference between news and twitter after all.
Also to clarify its my understanding the MB gov volunteered support in financing the cost of bringing the MTS Centre up to NHL standards. This would leave more funds that TSNE could use to buy and run the team and less they would have to borrow for upgrades. No one from True North has come out and said they need this to do a deal, as they have stayed silent throughout the process. The government is facing an election and wants to look like it is doing something so they can take credit for being the govt that helped bring the NHL back. They are willing to invest or loan money toward the building as that is seen as a public asset and something that brings revenue to the downtown but they stressed over and over that they will in no way shape or form put themselves or tax payers in a position where we are paying for losses (eg Glendale).
If the team ends up moving I’m sorry to the fans of ATL, we know what its like to be fans without a team.
Jamie
May 18th, 2011
5:10 pm
I don’t want to hear the other side of anybody’s legal troubles, we already got an ownership group with legal troubles and I really don’t care who is right or wrong. Lawsuits sap money, strength and attention from people regardless of which side you are on. Lawsuits destroyed ASG, knowingly getting in bed with another one, would be totally wreckless.
Gwinnett Fred
May 18th, 2011
5:14 pm
I’m just amazed that somebody (or group) locally can’t make this happen.
What is the absolute WORST that could happen? They buy the team and make it very public that the team remaining in Atlanta is based on fan attendance. They will do their part to not put a below the cap team on the ice.
If things don’t turn around in 2 years, they will still be able to sell to the Winnipeg group if they want and get their money back.
I know it’s more complicated than that simple scenario, but on the whole, I think my line of thinking is not out of line and if that happened then the fans have nobody to be mad at but themselves for not supporting the team better. If indeed there is this 50,000+ “solid fan base” out there out of 6 million, then averaging over 15,000 a game should not be all that hard.
I go to 10-12 games a year. I’m not a season ticket holder as I travel a lot and would miss too many games for that to work – however, if this plan were to go into effect, I certainly think I could do my part and bump 10-12 games a year up to 15-17 to “do my part”. I own 3 different Thrasher jerseys, etc. and have supported the team along those lines too.
I just wish an owner(s) would come in and give this fan base a reason to “pony up” because the current bums have given us a chicken s#it product and told us to treat it like chicken salad and it just doesn’t work that way for us middle class working stiffs.
Jamie
May 18th, 2011
5:19 pm
Jeff – (I’m Chris Ciovacco’s partner in crime, keepthethrashers.com), this is a tough and emotional subject. Your journalism is solid and frankly exactly what the subject needs, keep up the good work. Just because it isn’t what we want to hear, doesn’t make it bad journalism.
B
May 18th, 2011
5:21 pm
You and Bradley both wrote a column on the same day? Are ad sales up?
NorthATL
May 18th, 2011
5:22 pm
The AJC may be practicing “responsible” journalism, but it sure doesn’t seem like they are practicing aggressive journalism. If the AJC knew about the JB Smith why not simply report that an unnamed person is making a bid but they don’t appear to be credible (as someone above noted)? How about finding out when the exclusivity period with the guy who is negotiating for the Hawks/Arena expires? How about digging up some details on the judgement against Smith and why he hasn’t made the court ordered payments? May not be that he doesn’t have the money. May be that he doesn’t agree with the judgement. Wouldn’t be smart of him, but wouldn’t be unheard of? Just because I don’t pay a $150 traffic ticket doesn’t mean I can’t afford to pay cash for my car, after all.
Stu
May 18th, 2011
5:27 pm
Jim, not sure what ’sources’ you have but all media outlets are confirming that the Manitoba government will support TNSE in moving a team to Winnipeg. There have been a lot of clarification stories throughout the day stating that the provincial government isn’t going to stubidize the team but will support with the arena. All sources through all media outlets have been saying the request from TNSE will be approved by the government because the funds are in relation to the arena and not cash for the team purchase.
Paddy
May 18th, 2011
5:28 pm
Why was Mr. Smith not part of the original ASG when they formed their partnership. He seems just like the kind of guy the ASG would need out front to improve their public image.
LAC
May 18th, 2011
6:01 pm
Hope they take LIAR vivlimore, He IS THE WORST !
Truth
May 18th, 2011
6:10 pm
JB Smith = Madoff Jr.
Don’t be fooled by this imposter. Anyone asking for ‘his side of the story’ is very misguided. J Brett Smith is a con artist and an attention whore. Con artists make up their side of the story as they go along. What’s he going to claim to buy next — Manchester United? I don’t think it will be long before you see JB on CNBC’s American Greed. Fraud.
Jeff Schultz
May 18th, 2011
6:45 pm
Rumun Ndur — Yes, I remember you and Per and Hnat. Also Martin Prochazka and Vlad Vujtek and, well, that’s enough.
preacher
May 18th, 2011
6:45 pm
Could the Coyotes move to the ATL? Better than nothing.
Jeff Schultz
May 18th, 2011
6:46 pm
Smoothie — I really have no interest in talking to JB Smith unless he’s a serious buyer, so I certainly don’t have interest in talking to his spokesperson.
Jeff Schultz
May 18th, 2011
6:47 pm
William — What was the story exactly? How is this intended buyer who had NEVER shown his financials to ASG and therefore never was considered a serious buyer more important than all of the other ones? Just because somebody is Tweeting about him and somebody is talking about him on the radio?
Jeff Schultz
May 18th, 2011
6:51 pm
RN — We staffed every single game, home and road, until at least year six or seven. Once again, you’re off base. Ask Don Waddell if you don’t believe me.
Jeff Schultz
May 18th, 2011
6:52 pm
EA — I will agree to this extent: The “celebration of hockey” (or any sport) most often associated with All-Star Game coverage was hurt in the city somewhat by the negative feelings about the franchise and the ownership and also the fact that Marian Hossa, one of the team’s All-Stars, was about to be traded (if memory serves). That said, I thought our coverage was just fine.
Jeff Schultz
May 18th, 2011
6:55 pm
B — Mark and I write the same day almost every day (on line, not in print).
Jeff Schultz
May 18th, 2011
6:55 pm
NorthATL — Asked and answered above.
lanier
May 18th, 2011
6:57 pm
Peskowitz looks like a real goofball. He must have inherited some bucks.
"Chef" Tim Dix
May 18th, 2011
7:08 pm
Jeff, has actual value been established? Have heard 110M: Could that be real if the League gets 60M?
As value, I see it as much less.
Smiling Jack
May 18th, 2011
7:11 pm
John Kincaid of 680 The Fan lost any credibility with me a long time ago. I despise his pompous, know it all, judgemental, self righteous pronouncements and especially the way he handles interviews with those who disagree with him. Send him back to Philly!
Zing
May 18th, 2011
7:32 pm
Jeff:
Any thoughts about why no one has materialized who would be interested in keeping both the Thrashers and Hawks in-town? Are the Thrashers THAT unmarketable? Seems to me that a new, positive group could really succeed– really, anyone who bought the team immediately becomes the NOT-Spirit, which I think would really boost it… it just doesn’t make a lot of sense to me that there seems to be not a single serious investor.
There is a lot of money in this town–just seems strange.
Zing
May 18th, 2011
7:33 pm
Apologies for saying “really” three times in one sentence.
I said to myself–really? Did I really just do that? Really?
preacher
May 18th, 2011
7:36 pm
Thrashers’ situation an ominous sign for Panthers
by: Harvey Fialkov May 15th, 2011 | 2:51 PM Although the Lightning are on a nice roll, it’s no secret that Southern hockey isn’t thriving. Covering games at Philips Arena in Atlanta this year I noticed how dead the ambience is and how poor the attendance is. That wasn’t the case at most Panthers games this season. Sure, many of the packed houses, particularly against teams from Canada – were pulling for the opposition, but it was still a fun atmosphere. I know ticket prices were discounted and freebies were handed out – much to the chagrin of many season ticket holders who pay top dollar – but who could blame pres/CEO Michael Yormark for trying to generate interest by filling the seats?
Clearly, he’s banking on GM Dale Tallon to reverse the 10-year playoff drought by putting together a winning product. But no matter how Commissioner Bettman or Yormark spins it, how long can the franchise and owner Cliff Viner continue to bleed money before the NHL steps in like they did in Phoenix? While Yormark, to his credit, is selling the rights to anything that’s not nailed down, including the ice surface, the race is on.
I’m not sure how a move by Atlanta would affect the Panthers other than perhaps a need to realign the divisions. What do you think?
This is the excellent article in the Winnipeg Sun on the Thrashers’ situation.
Two days into the Atlanta Thrashers watch, and it’s been hard to find one reason to believe the NHL’s latest hotspot franchise won’t just burn right up and move, like the Flames before it.
First, NHL brass acknowledges it can’t guarantee the Thrashers will be in Georgia next season.
Normally, Gary Bettman and Bill Daly talk around questions like that.
Scribes in Atlanta, while calling for the NHL to fight for the team the way it did for the Phoenix Coyotes, say it’s all but over. One said Friday he’s 95% sure the Thrashers are moving to the ’Peg.
But the most telling comments I’ve seen came from one of the Thrashers owners, Bruce Levenson, who talked to an Atlanta TV crew before the Hawks/Chicago Bulls game, Thursday night.
A few things about Levenson’s interview stood out.
One, when he was asked if the solution — finding a buyer to keep the team in Atlanta — was any closer than it was two months ago.
“I don’t think so, no,” Levenson said.
Two, when he was asked about the possibility he and his partners could hang in there another year while they look for a buyer.
“That’s a scenario we haven’t even thought about it,” was his mind-boggling reply, apparently contradicting the suggestion Daly made the same day, when he suggested another year for the same owners, in the same place, was possible.
And last, but certainly not least, Levenson was asked what he’d say to fans wondering where the whole thing stands.
“If you know anybody who’s interested, have them get in touch with us,” he said.
Not, “Hang in there, we’re doing everything we can.” Not, “Keep the faith.” Not, “Buy your season tickets to help us out.”
Instead, Levenson wondered aloud if there was a billionaire in the cheap seats who might have an extra $110 million in his jeans that he wouldn’t mind spending, between beers and hot dogs, to keep hockey in Hot-lanta.
He looked and sounded like an owner who’s given up.
Add it all up, and things look pretty bleak for fans down there, pretty bright for folks up here, at least the ones ready to buy back into the bigs.
Unless, that is, you believe in mystery buyers like “The Balkan,” an unidentified saviour reported in certain Atlanta circles as willing to buy the Thrashers, Hawks and Phillips Arena and keep them all right where they are.
Seems to me there’s about as much chance of that guy existing as a balcony billionaire in torn jeans with cash falling out of his pockets.
Of course, the other side will tell you they’re already charging credit cards for Thrashers season-ticket payments, that the Manitoba Moose started selling next season a week ago and that the Carolina Hurricanes scheduled an exhibition game against Atlanta for Sept. 25, in Charlotte, N.C..
But those are all just details, payable today, refundable tomorrow.
Yes, it’s getting awfully late to relocate an NHL franchise, maybe an AHL one, too, for next season.
I don’t pretend to know which way this one’s going to go, any more than I know which way Phoenix will go.
But I will interrupt the hysteria to offer a dash of sober, second thought.
As thrilled as most of us will be with the return of big-league hockey to our soggy burg, does it really have to be the Coyotes or Thrashers?
I mean, these two franchises have thinner histories than Tweet Deck.
Between the two of them, they’ve missed the playoffs 17 of their last 22 seasons.
Neither has won even a single playoff series, Atlanta not a solitary playoff game.
Why can’t the Sharks or Lightning be on the move, instead?
Then again, given the sorry recent history of the Blue Bombers, and before that the Jets, the Thrashers would fit right in.
mlmc
May 18th, 2011
7:57 pm
I agree with rm’s comments. stop reading this rag. the ajc is bush league. check out the sports page from other major sports markets. i actually sent several emails to the ajc 2-3 years ago begging them to cover the trashers. they got a two paragraph back page article. now they are putting fingers to keys since they have something negative to report. they blame the owners (which i agree with), they blame lack of talent, Don Waddell and anyone else that they can be critical of. While I agree that there is enough blame to go around, i find the ajc as cuplable as anyone. terrible, just terrible reporting.
Sage of Bluesland
May 18th, 2011
7:57 pm
Yes–I remember it well when Jeff Schultz was assigned as the beat-writer for the Thrashers…it was the initial, honeymoon, years.
I also think the honeymoon officially ended with Don Waddell’s infamous playoff “guarantee” (which, of course, failed to materialize).
I also think that is when Waddell became as invisible as possible to the Atlanta media (which wasn’t extremely glaring to begin with, not being at the forefront of sports-coverage on radio, tv, etc.). For as incompetent Don Waddell is/was, he DID learn quickly to stop talking, unnecessarily, to the media….as he recognized his own tendency to stick his foot squarely in his mouth.
I cut that article out, Jeff, all those years ago as it was priceless. It’s a shame I’ve had a couple of moves and my records are a mess and likely lost.
Who can also forget when Dandy Don was the wheeler-dealer in his first NHL draft–as the other teams’ GMs gave him “magic beans” (i.e. low draft picks) to protect their players from his acquisition in the expansion draft? Of course, all he did was engender ‘goodwill’ from the other teams, as his goal was moreso to be ‘liked’ at the party as opposed to actually making decisions which benefited the Atlanta Thrashers directly. Of course, the picks were frittered away.
The fraud which has been perpetuated on this city is unbelievable. A book should be written–and NOT by Don Waddell–about what exactly transpired.
It is disgusting. I want that blustering, lisping little fraud of a GM out of this city. I mean it, too.
Dawg A
May 18th, 2011
8:17 pm
Jeff….. I suppose that we will hear a lot of names between now and the time the team is actually sold. That said based on your background in sports and knowing our city ….. what type of owner would best suit these teams. And do you even have a name that you would like to see purchase the teams from the ASG? Doesn’t hurt to dream!!
Worth a Shot
May 18th, 2011
8:28 pm
Here is a copy of my email to GBettman:
Please vote no on a relocation decision concerning the move of the Atlanta Thrashers out of Atlanta. The current failures in game attendance are not the fault of hockey fans in Atlanta. We are at the mercy of an ownership group and any failure of the franchise rests squarely on their shoulders. Please do not punish the fans of NHL hockey in Georgia for the anti hockey antics of our child like ownership group known as the Atlanta Spirit Group. I am sure you will point to our lack of attendance as a reason for approving the Thrasher’s relocation. I ask you, if you were unhappy with a group of owners who obviously have no interest in the game of hockey how would you respond? Would you continue to give your hard earned money to a clueless group of spoiled rich boys? I think not. I write this email in the hope that you have not already made your decision. I write this email in the hope that you are not solely seeking the 60 million dollars in fees that the relocation would bring to the NHL. Please give the Atlanta Thrashers a chance to succeed in Atlanta.
Here is a copy of the response I received:
Thank you for your e-mail. Commissioner Bettman sends his appreciation for
your interest in the NHL and your passion for the Thrashers.
As a League, we take all franchise matters very seriously because we
understand the emotional and financial investments you make in the game and
in our franchises. We make all reasonable and best efforts to maintain
franchises in their current locations, and we have approached the
Thrashers’ situation no differently from that of any other franchise. We
have been working with the Thrashers’ ownership for some time in quest of a
solution to their issues, and we continue to work with them because of its
importance to us and to you.
Again, we value your support of the Thrashers and the NHL. Thank you so
much for taking the time to write.
Sincerely,
National Hockey League Public Relations
James on Pharr Rd
May 18th, 2011
8:34 pm
Jeff
What is the criteria for one to be considered a worthy buyer of team in the NBA? Besides having the financial capability, we have all heard about The Donald being vetoed out of NFL ownership, but what’s the deal with the NBA?
Big Wally
May 18th, 2011
8:37 pm
First there was Napoleon, then Hitler, then Tom Cousins, then ASG.
William Satterwhite
May 18th, 2011
8:42 pm
Jeff- the fact that a businessman had a stated desire to purchase the two teams and the arena is a story that had to be reported, especially with his rumored existence being a major topic of conversation. The fact that a notable local media figure is tweeting about him and talking about him on the radio makes it an even bigger story so long as the person does indeed actually exist. The fact that he might not be a credible buyer at all indeed has to be a major part of that story, but not an excuse to squash the story altogether. At the end of the day, is J.B. Smith really any less credible than Stephen Rollins?
I’m not saying any potential buyer is more important than any other, I say anyone (within reason) who is/was out there should have been reported on. If the guy has lacked credibility all along and you guys knew it, you put it out there and the story dies right then and there before it goes any further. If he never showed his financials, you report that and dig into why he’s not doing it. If the guy has a history of trying to get into sports deals that come up empty under mysterious circumstances, you report that and dig into that story. Again, no offense at all and maybe I’m just expecting too much but I think you guys seriously dropped the ball on this whole sordid affair. I’ll still be a fan of your work but that’s just how I see all this. Don’t tell me you guys knew someone I’ve been doubtful ever existed did indeed exist all along but then tell me you chose to not report his existence because he wasn’t credible. His credibility is only part of the story, his mere existence and his stated desire to purchase all three entities was the story all along. Everything else is just part of the story- very important parts no doubt, but still just part of the story.
William Satterwhite
May 18th, 2011
8:46 pm
Truth- if J.B. Smith is indeed the con artist that he’s painted to be (and indeed appears to be), the best way to expose him is to expose him.
Artie B's not Walking Through That Door, People
May 18th, 2011
8:56 pm
Interesting, Jay Clemons Twitter has either changed names or gone bye bye http://twitter.com/SI_jayclemons
Big Wally
May 18th, 2011
8:59 pm
New entry in Websters Dictionary. ASG: The group who ruined hockey in Atlanta and broke the hearts of it’s fans.
Rick Sund
May 18th, 2011
9:02 pm
“Earlier: Hawks save Braves, who are in a position to make a move”
Great work, Jeff. I can tell you still have UPSIDE.
William Satterwhite
May 18th, 2011
9:05 pm
Clemons has changed his twitter name, it’s now @ATL_JayClemons. He had mentioned it yesterday but change just went through today.
DepressedFan
May 18th, 2011
9:10 pm
To Worth A Shot: You received the exact same boilerplate response from the NHL that I did.
wxwax
May 18th, 2011
9:25 pm
Imagine the gall it took to write that Winnipeg Sun column.
Not content with snagging another city’s hockey franchise, the writer is whining that they’re not getting a winning team.
What a pud.
Truth
May 18th, 2011
9:35 pm
From what I know of JB, this story will die just as his proposed minority stake in the Steelers. If you watch his CNBC interview, his motivation for his alleged ‘minority stake’ in the Steelers is due to the Rooney’s being a good Christian family and his desire to ‘help’ them. Of all the investors in the world do the Rooney’s really need JB’s 30-40 million? Apparently not. Not that 30 million is a small sum, but there is a long list of investors who could come up with that type of money. Why JB? Why all the grand standing? If you were trying to secure such a deal, would you go on CNBC before it was inked? Any reasonable person needs to ask themself why this interview went to air. What is the purpose of him name dropping the Davos World Economic Forum? This is all bravado. I trust the press will delve into the truth behind JB Smith. I don’t believe they will need to look very far and after that, he can pursue Manchester United – as long as they don’t post it on the internet.
wxwax
May 18th, 2011
10:02 pm
The Winnipeg Arena only sets 15,000 people?
A comment on the Winnipeg Sun site, in response to the issue of whether or not the tiny community can support both pro football and NHL hockey, said fans will only show up if the hockey team is a winner.
I hope Canada’s richest man is ready to cover losses at least as big as those the Atlanta Spirit have had to swallow.
scottbravesfan
May 18th, 2011
10:52 pm
Don’t forget that retard John Kincaid who was on twitter yapping all day. He’s the biggest loser and I can’t believe an Atlanta sports station would hire that moron.
scottbravesfan
May 18th, 2011
11:07 pm
If the ASG sells Philips Arena and the Hawks I’m surprised the owner wouldn’t want a hockey team as well. That’s 41 dates filled for his arena not to mention pre season games and any playoff games that the team might have. I wouldn’t be surprised if within the decade another team tries and moves to Atlanta. The Atlanta market is going to keep growing and will eventually become a top 5 market and that will be too much for the NHL to resist. I would rather get the Coyotes than the Thrashers anyway.
Flamestillburns
May 18th, 2011
11:26 pm
IF the Thrashers leave–and I still believe they’ll be here next season and maybe longer–there will never be another NHL team in this city. Greed and ignorance of ownership, general local ignorance of the game, and all those “fans” that don’t want to fight the traffic may just have cost us our third (if you count the Knights) and last chance at pro hockey.
max money
May 18th, 2011
11:32 pm
after he settles this suit, will he have enough cash to buy the thrashers? if not, can the city bail him out with some millions to seal the deal??
illputitoncspan
May 18th, 2011
11:45 pm
Sitting here watching the Sharks and Canucks I’m wondering what they call Rogers Arena in Vancouver. Probably Rogers Arena. Yeah, they probably aren’t creative enough to come up with some cool nickname like, oh, I don’t know, Blueland. And I can’t believe they didn’t put all the suites on one side of the arena. What were they thinking. ASG = Gimmicks & Cheese!!!
Folks, this operation has been bush league from the very beginning. Long before ASG took over. No one should be all that shocked that this team is about to leave town. I feel bad for all the people who bought into the Blueland nonsense. Blueland?… Really?…
k
May 19th, 2011
12:21 am
One thing I think people don’t realize (or forget) about newspapers is that the reporters are given story assignments. Those assignments are dependent on many things — at least they were back when I was still writing for a daily newspaper. One of the big considerations is advertising. Ads often determine how many pages an edition will be and how many words the writer is permitted. True, the Internet has changed this and stories can, in theory, go on forever; but the Internet has also changed newspapers and their staffs. One writer is now trying to do the job of five or six people, as the paper itself bleeds money and readers.
I think the people who criticize newspapers and those who write for them don’t understand the business — and the whys and wherefores of how stories are conceptualized, assigned, written and executed.
It seems to have gotten to the point where people are so upset they are shooting the messengers because they don’t like the news being delivered.
I’m also tired of hearing how CViv went on Winnipeg radio. So what? He was asked to be a guest and he appeared. His bosses probably ensured that, by gosh, he DID appear when asked. Newspapers need to market themselves too. Nobody bitched about it when he (or any of the other beat writers of the past) appeared on, for example, XM’s Home Ice hockey channel over the years to discuss hockey. Once again, the problem seems to be that people don’t like what he is saying and who he is saying it to. That doesn’t mean he doesn’t speak the truth. I am as big a Thrashers fan as anyone and feel heartbroken about what is going on, but any honest fan here has to admit the people of this city for numerous reasons didn’t come (am not talking about the diehards). That’s not rude, that’s just a fact. I was there, the diehards were there, but the city at large didn’t come these last few years. How does stating that fact make CViv or any other reporter a “traitor”?
illputitoncspan
May 19th, 2011
12:53 am
Let me second the comments from k. CViv and JS are just doing their jobs. Sorry folks, but their reporting and commentary has been spot on. They are just giving you the facts as they know them as well as giving their take.
I can’t believe people are upset because an AJC writer has gone on radio shows in Canada. By the way, I did hear the interview CViv did with the station in Toronto and it was great stuff.
ChopChamps95
May 19th, 2011
1:59 am
@Flamestillburns
The Knights didn’t leave Atlanta for any of those 3 reasons you listed and if you think they fall into even 1 of those categories (which I’m assuming you do based on your post) then you’re pulling facts (and I use that term loosely) out of your @$$. Atlanta was awarded an NHL franchise, the Omni was then demolished so Philips Arena could take its place and it therefore meant the Knights had absolutely nowhere to play hockey in the city.
If the Thrashers do leave there won’t be hockey here for a long time but I don’t think the city will never have another one. It’ll be like football in LA, yeah football has been gone from that city for some time but its now getting hard to ignore the population boom and city growth. Football will return there just like hockey will return here one day (if they do indeed move). Like someone posted earlier, Atlanta’s pop will continue to grow and sooner or later it will be hard for the NHL to resist passing up on $$$ they could be making if a team with stable ownership were here. Only time will tell though.
Paddy
May 19th, 2011
6:41 am
flamestillburns………..the fans were not the cause of losing the Atlanta Knights. The Omni was torn down, remember. I guess they could have played on the street!
GEORGIA97
May 19th, 2011
7:23 am
Schultz: You can’t even spell correctly in your article. “Judgement”….really? There’s only 1 e in the word, ya dingbat.
hasJKleft yet
May 19th, 2011
8:16 am
I will have to be told when John Kincade leaves 680 the fan.Why?Because the radio is always turned off when I know this guy is on the air!!!
Ray Ferraro's Bobble Head Doll
May 19th, 2011
8:16 am
Dear Mr. Kincade -
Could you invite Mr. Schultz to appear on your radio show today to discuss issues associated with the Thrashers and JB Smith?
Thanks,
Bobble Head
(Jeff – are you available to discuss this in an intelligent manner with Mr. Kincade?)
Geemack
May 19th, 2011
8:18 am
Whatever it takes, get the Thrashers out of here.
Atlanta is not a hockey town.
They should have learned that with the Flame.
Loss of Class
May 19th, 2011
8:54 am
One thing this charade has done is sour my opinion of Canadians. On my trips to Whistler and Mont Tremblant, I found the people warm and friendly. However, that has changed. The Canadians are as arrogant, flippant and condescending as anyone. I do not understand why Canadians are so resentful of the NHL’s work to expand the fan base to new areas. You would think that people who grew up loving the game would be thrilled to see it growing. Unfortunately, this is not the case. Fool me once.
Jeff
May 19th, 2011
9:18 am
JB smith has done the several times before. He is a crook and has several people that he scammed out of millions of dollars. He is probably at a “new money” country club right now trying to round up some new targets. He will rent a house because he has no income or credit and pretend like he is married (last time he used a stripper with kids). By the way, if he was so wealthy, why wouldn’t he get those moles removed from his face?
Thrasher Tony
May 19th, 2011
9:20 am
I have to admit, by attending a little less than 100 games over the life of the franchise, I didn’t do my part to keep the team in Atlanta. While I am gravely disappointed over the turn of events that is seemingly taking the NHL away from the city for a second time, the ones I truly hate it for are the team employees, many of whom poured their life’s blood, hearts and souls into the franchise only to be left holding the bag. So I say to these employees, particularly, but certainly not limited to, broadcasters Dan Kamal and Darren Eliot, thank you for all you did to promote the Thrashers.
ASG did not, but you people did, deserve a far better fate.
JB
May 19th, 2011
9:52 am
Jeff , I welcome your interest now that the Thrashers are news worthy. It no big seceret that you and Don Waddell are not on the best of terms. If you put more passion in your reporting to put a sense of being gratful to even have a pro NHL team in Atlanta I could have a bit more respect for articles. Get behind the team. Help don’t hurt. If you do show up this weekend show some heart or just write a article to inspire not just Atlantan but the nationally. Are you with us or against us ?
AtlFlamesFan
May 19th, 2011
10:06 am
@Thrasher Tony,
You have falsely bought into the garbage that it is the fans’ fault. It is 100% ASG’s fault that we got to this position, and now they have added their co-conspirator, the $60M hooker Gary Bettman.
AtlFlamesFan
May 19th, 2011
10:21 am
WOA! This just posted on facebook. If this is true, there needs to be some investigation!!
“Moores, the man currently in exclusivity to purchase the Hawks and Philips arena, is also part of a firm that has a stake in Jobing.com arena. This is the same arena the Phoenix Coyotes hockey club plays in. Isn’t this a conflict of interest?”
What?
May 19th, 2011
10:28 am
I’m laughing at Schultz’s idea that the AJC is a responsible publication. Most especially the sports department.
When’s the last time you wrote about an F1 race? How about ANYTHING that goes on at Road Atlanta? Not every race fan is a incestous hillbilly NASCAR fan.
Responsible Journalist
May 19th, 2011
10:47 am
The AJC has never even had this much coverage for the Thrashers until now, they are like buzzards circling a carcass, it’s no secret Schultz and DW have a spat and that Chris Vivlamore (Winnipeg’s journalist of the year award recipient) has an ongoing spat with Kincade. Mark Bradley even wrote a “Thrasher article” –> a sure sign the world is ending or that miracles do happen.
Hillbilly Deluxe
May 19th, 2011
10:59 am
Looks like I’ll be able to say that by attending the Thrashers vs. Penguins game, I saw the last Thrasher game in Atlanta. It’s a shame.
Basketball Jones
May 19th, 2011
11:00 am
At the end of all of this, true Hockey fans will find an outlet for that love. Whether it’s the Gladiators, some other team that may rent the Lightbulb, or street hockey with the kids, hockey will be a part of my life with or without the Thrashers.
I’d rather they stay, but it sure seems that ASG is hellbent on screwing over us fans in EVERY way possible.
Thrasher Tony
May 19th, 2011
11:02 am
@ATLFlamesFan
I didn’t buy into that nonsense any more than you did; I fail to see how you could even make that connection. I’m simply saying I wish I had done more even though I know it wouldn’t have made a damn bit of difference. The point of my post was to say that the fans aren’t the only victims of the treachery perpetrated by the ASG.
What?
May 19th, 2011
11:06 am
And anyone ever figure out why David McDavid was assured he would be the owner of the Thrashers, Howks and Phillips arena only to have it yanked away awarded to the Atlanta Stupid Group at the last moment?
Anyone?
AtlFlamesFan
May 19th, 2011
11:15 am
McDavid and AOL had come to an agreement. AOL took that agreement and gave it to insiders (Guerin, Seydel, Beau Turner).
What?
May 19th, 2011
11:18 am
Here you go:
http://www.businessweek.com/news/2010-08-31/time-warner-s-tbs-settles-mcdavid-suit-over-atlanta-team-sales.html
How come McDavid’s name has not surfaced? Not as a potentional buyer, but as someone else who got screwed over by the Atlanta Stupid Group.
Will Muschamp back in Georgia (and other nuggets) | Jeff Schultz
May 19th, 2011
11:19 am
[...] – Earlier: Forget Hawks, Thrashers — J.B. Smith has other issues [...]
JSS
May 19th, 2011
11:27 am
It rained and stormed in NYC; now I have to come home to this stuff? Kincade! SMDH, you just never learn!
JSS
May 19th, 2011
11:32 am
McDavid is persona non grata, MLB rejected him. The NBA and NHL have rejected him. And the McDavid Car Group has been in the crosshairs of the Texas AG and Consumers Affairs for the last decade. McDavid is a non-entity…
JSS
May 19th, 2011
11:36 am
“”Intelligent manner” and “Kincade,” I can’t stop laughing!!!
illputitoncspan
May 19th, 2011
11:39 am
Stewart Cink’s take on all this and a pretty good article from the Winnipeg Sun.
http://atlanta.sbnation.com/atlanta-thrashers/2011/5/18/2177884/stewart-cink-buying-thrashers-fans-interview
http://www.winnipegsun.com/2011/05/18/nhls-calm-before-the-storm
Max Power
May 19th, 2011
11:43 am
So as fans, we were better off with the ASG buying the Hawks, Thrashers and Phillips instead of McDavid?
JSS
May 19th, 2011
1:03 pm
Max Power
May 19th, 2011
11:43 am
“So as fans, we were better off with the ASG buying the Hawks, Thrashers and Phillips instead of McDavid?”
That is like asking whether you’re happier being in bloodied water with a Humboldt Squid or a Great White Shark! Neither situation will leave you feeling better of your chances of seeing a brighter tomorrow!
Scratch Lil’ John off your list of potential Atlanta-based investors for Thrashers | ProHockeyTalk
May 19th, 2011
1:30 pm
[...] for the team. While one name that has come up was investor J.B. Smith it was found out that Smith has some financial troubles of his own that would make him a less-than optimal candidate to try and keep hockey in [...]
Max Power
May 19th, 2011
1:57 pm
Well, with McDavid, we would not have the 7 stooges. My first reaction to hearing the ASG were chosen as the owners was NO!….Too many chefs…..Or in thecase of the7 stooges, too many idiots with hammers and saws.
Bobby Hull
May 19th, 2011
2:30 pm
As an inaugural STH I was the type of fan the NHL was looking for when locating in Atlanta. Born and raised in Indiana, I was a Blackhawks fan/ Re Wings hater and relished the opportunity to re-engage with the game I played as a kid in the winter on frozen farm ponds. I forgot how much fun we had going to a Ft. Wayne Comets game or a Notre Dame college game. Being able to adopt the Thrashers was a dream come true.
After a few years of expected expansion team growing pains, the team’s development stalled. A combination of inept ownership and the complete and udder incompetence of Don Waddell was to blame. Imagine a team with Kovalchuk, Hossa, Savard, Coburn, Brunette, etc., today in our fair city.
After 9 years, I finally threw in the towel on my ST but followed the team on TV and by attending a few games each year while waiting anxiously for a new owner that truly wanted to bring a winning team to Atlanta take over. I was holding out for a reason to become a STH once again. Alas, that looks like it will never happen.
These Canadian trolls that trash Atlanta fans need to learn the real history of what happened with the Flames and understand that it was more a case of ownership abuse/disinterest and managerial incompetence that drove the Thrashers fans away. The hockey devlopment base of youth and high school programs in Atlanta continues to grow exponentially. It’s the NHL’s long-term loss if the Thrashers leave due to the charade this bunch of losers commonly known as the ASG has pulled on the hockey fans of this region.
Smith reiterates interest in Thrashers, will speak to media “shortly” – Examiner.com | Watch News Daily
May 20th, 2011
1:32 am
[...] COO Matt Bitonti told the AJC’s Jeff Schultz on Wednesday that Smith hasn’t been in charge of Equity 11 since June [...]
John info
May 20th, 2011
1:47 pm
Copy and pasted directly from Equity11 website showing JB SMITH affiliation and for the record in case it gets taken down
JB Smith, Managing Partner
Smith has worked at the executive level in venture capital for ten years, playing a key role in the development of many companies. Smith was integral in the growth of Web Group, LLC, recognized in 2002 as one of Inc. Magazine’s Fastest Growing Private Companies in America (#189). Smith is an active investor with a focus on, but not limited to, security-related businesses and hedge funds. Smith holds a bachelor’s degree in Administration of Justice from The Pennsylvania State University. Also known as the creator of the “Philanthropic Investmentsm,” Smith is currently a partner in WM Reign, Ltd., an investment model solely dedicated to helping finance churches and Christian causes by utilizing Smith’s “Philanthropic Investmentsm” concept.
James M. Juliano – Partner
Prior to joining Equity 11, Juliano was the founder of Omega Development Corporation, a 27-year old, full-service general contractor that develops projects in the retail, governmental and institutional sector throughout the Midwest. Under Juliano’s management, Omega has generated over $300 million in revenue since its inception. Previously, Juliano spent four years as an advisor and cost analyst for the rehabilitation of government apartments and housing. He holds licenses in real estate, building and contracting in several Midwestern states. His resume also includes U.S. military service from 1969 to 1972, when he was a paratrooper in Germany to reconnaissance in Vietnam.
Matt Bitonti – Partner
Bitonti is currently a Partner with Equity11, and is focused on management of the firm’s security industry interests. After receiving a Bachelors Degree from the Eli Broad College of Business at Michigan State University, Bitonti has thrived as an entrepreneur including but not limited to creating and producing “STATE CHAMPS!” High School Sports show, now in its 8th season. Bitonti’s STATE CHAMPS! received an Emmy Award in 2008 for Best Youth Program; Bitonti has a broad level of experience in the insurance industry, cleantech, entertainment, and security. Bitonti was a 4 year member of The Michigan State University Football Team, and played a key role in what ultimately led to a revival of the program. Bitonti is also a founding partner of 9 Ventures, a premier venture capital management company.
Larry D. Lee, Partner
Prior to joining Equity 11, Lee was the director of capital development for Greystone Management Group. Lee also spent eight years as vice president of football operations with The Detroit Lions and was a member of Former NFL Commissioner Paul Tagliabue’s Player Advisory Committee. Lee starred as an All American Football Player at UCLA where he earned a bachelor’s degree in U.S. History. He was drafted by The Detroit Lions in 1981, and he participated in Super Bowl XXII with the Denver Broncos. Lee has been active with and served as vice chairman of the Detroit chapter of Big Brothers Big Sisters.
Ralph Terry, Partner Emeritus
Prior to joining Equity 11, Terry spent nearly forty years concentrated in the oil and gas industry, as well as almost a decade of experience in the venture capital industry. Terry has played major roles in the success and development of both The Hulen Oil Company in Oklahoma and Sky Blue Ventures, an independent investment fund. Terry is perhaps best known for his twelve-season career as a Major League Baseball player with the New York Yankees, where he earned the Most Valuable Player honor in the 1962 World Series. Terry played on seven pennant-winning seasons with the Yankees side-by-side with of some of Baseball’s greatest players including Mickey Mantle, Yogi Berra, Roger Maris and Whitey Ford.
Kellie M. Kern, Chief Counsel
Prior to joining Equity 11, Kern was employed by the U.S. Secret Service as well as two law firms: Steinberg, Shapiro, and Clark; and Biber, O’Toole, Fowler, and Clarkson. Kern has experience in the Federal District Court and the Michigan District Court. Kern has wide ranging experience including, but not limited to, bankruptcy, commercial transactions, contracts, trademarks, valuations and business law. Kern earned her bachelor’s degree in Public Law and Government with a minor in Mathematics from Eastern Michigan University, and she received her J.D. from Wayne State University.
Michelle Macdonald, Associate
Macdonald has spent seven years in the venture capital industry, with extensive experience in real estate development, swing trading and research analysis. Macdonald has a proven track record utilizing statistical analysis to create a profitable trading platform. Macdonald serves Equity 11 in a multitude of facets and holds a bachelor’s degree in Psychology from Eastern Michigan University.
John info
May 20th, 2011
1:52 pm
Equity11 investments listed on website also web copied for record:
iSekurity, Stealth Holdings, WM Reign, Reign Sports, Ecology Coatings
John info
May 20th, 2011
2:13 pm
PLEASE READ THROUGH THE WHOLE COMPLAINTS BOARD THAT SOMEONE POSTED:
http://www.complaintsboard.com/complaints/isekurity-identity-protection-c331760.html
Here is part of a complaint: “He currently has Equity 11 Holdings LLC registered to an RR Smith, Equity 11 Admin LLC registered to RR Smith and Equity 11 LTD registered to Richard R Smith Jr. He has Sky Blue Ventures LLC registered to John Smith, Isekurity Holdings (Nevada), Seven Capital registered again to RR Smith, Angels on the Fairway registered again to RR Smith. Who the hell is RR Smith??? Trust me I will find out.”
I believe RR SMITH is John Brett Smith’s father who is being sued in the Oakland County Circuit Court in Michigan under the Equity 11 lawsuit. Apple never does fall very far away from the tree does it?!
More John info
May 20th, 2011
2:19 pm
1
John
May 20th, 2011
2:29 pm
FROM COMPLAINTS BOARD: Lost my original ID for here but its me again, Not A Fool 37.
Well, I have done some additional digging on Mr. Ball (Balless who doesn’t pay his bills and scams people out of money) and his scam artist best buddy JB Smith. Smith (John) pretends to be this high roller and hangs around a lot of people at the golf club in Rochester Hills, MI and a few Vegas Casinos. I am still tracking down what Casino’s he has spent investor money at, so be patient.
Here is the angle that JB uses. He has surrounded himself with guys like Reginald who carry retired law enforcement credentials from the federal government. This adds validity to his scams because an investor thinks that guys like Ball have truly checked this guy out.
He currently has Equity 11 Holdings LLC registered to an RR Smith, Equity 11 Admin LLC registered to RR Smith and Equity 11 LTD registered to Richard R Smith Jr. He has Sky Blue Ventures LLC registered to John Smith, Isekurity Holdings (Nevada), Seven Capital registered again to RR Smith, Angels on the Fairway registered again to RR Smith. Who the hell is RR Smith??? Trust me I will find out.
What it seems like to me is that this guy has multiple companies tied to him and diverts investments from Equity 11 to these other firms. I have some contacts that I am going to tap in a few weeks and find out exactly how much money this guy is stealing…sorry I mean investing.
Typically anyone that has a lot of companies with no revenue are using the companies to do business because they need to hide money or a good way to scam people.
A general web search identified Smith as purchasing the Pittsburgh Steelers. This guy is so believable that he made it on TV folks…national TV!!! Google JB Smith and Pittsburgh Steelers (paste this link)
http://www.cnbc.com/id/29057114/VC_Man_Finds_Steelers_A_Real_Steel
he has tied up all these retired feds with him and I am sure none of them have a clue. I wonder if the guys and gals at Isekurity know what they have gotten themselves into.
Ball has plenty of dirt out there and he is a very good BS artist. His company RB Industries was a cluster f**** and he apparently ran the company in the ground. While he was stealing money from his own company and he and his wife riding in style RBI was going under. This guy has to be one of the worst business people on the planet and I have no idea how he skated through the secret service. I don’t typically believe everything I read unless I check it out for myself, so that’s what I did.
He has another company called RBA and the complaint listed on this site from CLV states that he screwed him on a deal. If you are reading this blog CLV, please list your concern with the company that issued the check to Ball as well as BBB. He got away with it at RBI and this Isekurity thing but I will make his life hell and dig up every piece of dirt I can find on this guy.
I have more digging to do on Balless and Smith and will definitely be reporting my findings.
To the other readers and contributors, keep on checking and lets try to stop people like Ball and Smith from doing this to others.
John
May 20th, 2011
2:30 pm
Is JB Smith have Sales Attack?
John
May 20th, 2011
2:34 pm
Does JB Smith still have Sales Attack?
John
May 20th, 2011
3:11 pm
http://www.hollywoodstake.com
Have to say, I think a internet savvy six year old (no offense to all you six year olds out there….you still have morals and aren’t corrupt to the soul) with one day of website building could’ve done a better job on the website. Most of the info taken from the website….(not much of it):
HOLLYWOODSTAKE.COM
About us:
We are REVOLUTIONIZING the entertainment industry by enabling our partners to EXECUTE their DREAMS, and PROSPER with a TRUE PARTNER!
Projects:
If you feel that you have a project that won’t WASTE our TIME & MONEY, WE want to TALK to YOU(PERIOD)
Profit:
PROFIT, YES we want it, and it is NECESSARY, for all our PARTNERS to SHARE in!!!!
Contact us:
IF YOU CAN FIGURE OUT WHICH EMAIL SUITS YOUR NEEDS, CONTACT US:
mycompanydeservesmoney@hollywoodstake.com, careers@hollywoodstake.com, script@hollywoodstake.com, investors@hollywoodstake.com
——————————
Kind of reminds me of all the other vague websites that were created for previous JB SMITH LLC’s-And there were a bunch of them folks.
John
May 20th, 2011
4:04 pm
http://www.oakland.edu/?id=16247&sid=141
Scroll down to middle to end of page. Jb Smith gave $35,000 to the Athletics department. But wasn’t Susan Kampe (wife of the coach, Greg Kampe of Oakland University) one of the executives of iSekurity? Where is she now? What happened to the whole iSekurity board? Did the lawsuit from some members of Equity 11 start about the same time ISekurity changed hands? Maybe even ownership? How is Kampe tied into Equity 11 and its whole group of people?
John
May 20th, 2011
5:06 pm
Rooneys may add another investor
Venture capitalist from Detroit in talks with Steelers owners
Thursday, February 05, 2009
By Timothy McNulty, Pittsburgh Post-Gazette
The Rooney family may bring on an additional investment partner as it seeks to complete a new ownership structure that consolidates the team into the hands of Dan Rooney and his son Art Rooney II.
J.B. Smith, a venture capitalist from Detroit, confirmed yesterday that he is in investment talks with the Rooney clan, after he was viewed at the Steelers victory party and other Super Bowl events over the weekend. He would not say how much he is putting into the team, but said it was “a sizable investment” in the tens of millions of dollars.
Steelers spokesman Bert Lauton said the team cannot “comment, confirm or deny any investor or potential investors unless or until they approved by the NFL.”
Mr. Smith, the managing partner of Equity 11, a private equity firm, jetted into the Tampa area Saturday after attending the World Economic Forum in Davos, Switzerland, and attended team events with Larry Lee, an Equity 11 business partner and former player and front office member of the Detroit Lions.
Therein is one tie between Mr. Smith and the Steelers: Mr. Lee worked for the Lions as vice president of football operations when current Steelers general manager Kevin Colbert was their pro scouting director and Steelers college scouting coordinator Ron Hughes was Detroit’s player personnel director. Mr. Smith also took a private jet with Mr. Lee to visit Steelers training camp for a day in August.
Mr. Smith, 36, a Philadelphia native who graduated from Penn State University, also is a fan — of both the Steelers and the Rooney family.
“Over the last NFL season I became enamored with the Rooney family and what they’ve done not only in sport, but in being role models in business. They had multiple chances to sell out, and many would have done that. Their passion for the Steelers is an amazing thing,” he said in a phone interview.
“I could invest in other places with better returns, but I want to help these guys out so they keep control.”
In December NFL owners unanimously approved the ownership restructuring forwarded by Steelers CEO Dan Rooney and his son Art II, the team’s president. Through the deal, they will be borrowing about $250 million to buy out all or part of the team shares held by Dan Rooney’s four younger brothers.
At the time, the Rooneys confirmed three major investors helping them with financing: the Paul family of Pittsburgh, which owns specialty steel manufacturer Ampco-Pittsburgh; James Haslam III of Knoxville, Tenn., the president of truck stop firm Pilot Travel Centers; and Thomas Tull of Los Angeles, a film producer of “The Dark Knight,” “We Are Marshall” and other films.
Mr. Smith would be a fourth. He would not describe his role in the investment team, but said it was due to be finalized by March 31, the closing date the Rooneys gave the NFL.
Equity 11, based in Auburn Hills, Mich., owns companies including iSekurity, a leading identity theft prevention firm employing more than 100 former federal agents, and Ecology Coatings, which develops clean coating technologies for manufacturing.
The proposed Steelers investment would be from a division of Equity 11 called Reign Sports. It is tied to another of Mr. Smith’s ventures called WM Reign, an investment firm dedicated to funding churches and religious outreach. Mr. Smith developed the concept through the “Legacy” financing program helmed by the Rev. James L. Morman, the pastor of Christian Tabernacle Church in Southfield, Mich.
Another of Mr. Smith’s spiritual advisers is Pastor Randall Cunningham — the former Philadelphia Eagles quarterback who has a church in Las Vegas.
One of the things that sealed Mr. Smith’s interest in the Rooneys was their religious faith. The family is Roman Catholic.
The Steelers “are an ethical organization. This is a nice bridge for me,” Mr. Smith said. “I play in a dangerous space, venture capital, where things are ruthless and cutthroat, because that’s where the money is. But my ultimate goal is to provide churches with finances and Christian causes with finances, so this is a nice bridge between the two.”
Mr. Smith graduated from Penn State in 1995 with a degree in criminal justice. He lives in suburban Detroit and is married with two children.
Staff writer Ed Bouchette contributed to this report. Tim McNulty can be reached at tmcnulty@post-gazette.com or 412-263-1581.
Read more: http://www.post-gazette.com/pg/09036/947083-66.stm#ixzz1Mvez5gqU
John
May 20th, 2011
10:17 pm
See more Smith PR BS…what a sick, sick puppy
http://atlanta.sbnation.com/atlanta-thrashers/2011/5/20/2182109/thrashers-moving-relocating-winnipeg-sun
Joey martin
May 23rd, 2011
9:42 pm
Jb smith aka John Brett smith is a complete waist of life. Complete scammer who will be going to jail. F’ing loser. He will go down. Everyone…..be warned not ton invest in this fat ass.
Jeff
May 24th, 2011
12:55 am
Jb smith……you stole from me and I will never forget. I was right about you from day one but your new country club buddies didn’t agree. You can’t outrun your reputation now? Maybe you can trade in all your puma golf shoes for a down payment on a new apartment. If you can’t pay a little country club bill how are you expecting to buy a sports franchise?
JIm
May 24th, 2011
5:25 pm
Sounds like John Brett Smith is a very smooth con man. There are many of them out there. He must have the gift of gab and seems to abuse it very well. One should be very cautious in doing business with him. Looks like he lies and the problem is, I believe he is a pathological liar. I think he truly believes his own lies. He also gets others to participate in his scams thereby hooking them too. The man must be stopped and criminally charged before he can do even more damage.
Joey martin
May 24th, 2011
8:40 pm
Jim…cautious with doing business with him? Are u serious? It’s not business. He is a scammer. Complete scum. His dad is going down with him. He was his accountant so the apple doesn’t fall far from the tree.