The following is a summary of activity at the annual National Lacrosse League Board of Governors Meeting, held today in Secaucus, New Jersey:
The Board of Governors reviewed applications for expansion teams from groups in Calgary and Vancouver for the 2002 season. The application for Calgary was submitted by Calgary businessmen Brad Banister and Bruce Stewart. The Vancouver application was submitted by Sportworks Entertainment (formerly known as Starlight Sports & Entertainment) led by Vancouver businessman David Stadnyk. The Toronto Rock ownership group, led by Brad Watters, also petitioned the Board of Governors for an expansion team in Montreal for the 2002 season.
The applications from Vancouver and Calgary, as well as the petition for a team in Montreal have all moved forward to the next level of consideration.
The Board will continue its careful review of all the applications and interested parties, and hopes to make a final decision on each application in the next few weeks. The details of each application are still under internal review, and cannot be discussed by the teams or league until the Board of Governors cast a final vote on each expansion possibility.
"Our Board of Governors take great care in reviewing every application thoroughly," stated NLL Commissioner Jim Jennings. "Once the Board has considered all the factors involved with each of our expansion cities and potential owners, they will make a decision that will serve the best interest of our league."
In other business, the Board of Governors voted to increase the price of future expansion teams from $500,000 U.S. to $1,000,000 U.S., effective June 1st, 2001. The increase will not be applied to any of the current expansion applicants.