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COVER STORY

   The Big Leagues

The Big Leagues

By Kevin Kipp

Fresh faces in Major League franchise ownership take St. Louis sports to new heights.

For a town with so venerable a sports tradition, the major league sports franchises in St. Louis are a young lot...if you look at current-ownership-in-this-location.

Georgia Frontiere has owned the Rams since their previous post-season appearance in 1979, but St. Louis only lured the team here in 1995.

Bill DeWitt, Fred Hanser and Drew Baur organized the ownership group who bought the Cardinals in March 1996.

And Missourian Bill Laurie bought Kiel Center and the Blues from Clark Enterprises just last September.

The president of the St. Louis Sports Commission couldn't be more pleased.

Frank Viverito remembers a Chicago sportswriter who came to St. Louis to cover the preparations for the Olympic Festival in 1994. Viverito was stunned when the hack asked what it was like to live in a city with no major league sports.

"Think about what was going on then," Viverito reflects. "Baseball was on strike. Hockey was about to be on strike. We had no NFL team, no Kiel Center, no TWA Dome."

That was then. Now look.

"There's been a transformation in the last five or six years," Viverito says, shooting right out of the blocks citing the Super Bowl Rams. The Blues had the best regular season record in the NHL and have made the playoffs for 20 years straight. And complementing McGwire's bruising swat with more heavy hitters, and backing those cruisers with better pitching bodes well for post-season play.

"Each team is being driven to be successful and being helped to be successful by the current level of fan interest," Viverito says. "It's a great run for us."

In addition to major league sports, St. Charles County boasts four (and counting) professional teams (hockey, baseball, basketball, and the area's second indoor soccer team) and will host the Black American Softball Association "world tournament" next September.

Moreover, in the next few years St. Louis will host the Big 12 and Missouri Valley basketball tournaments, men's and women's NCAA regionals, the Final Fours, and a list of tournaments and events that would fill an issue of St. Louis Commerce.

Team Owners

Above: SPORTS WORLDS COLLIDE. Bill DeWitt, Jr., principal owner and managing general partner of the St. Louis Cardinals chats with Georgia Frontiere, owner of the St. Louis Rams at a baseball game.



Plus, both the Saint Louis University Billikens and Missouri Tigers are making NCAA playoff appearances regularly.

The impact of athletic competition--professional, amateur, big leagues or minor--exceeds the economic impact of tourism. In their youth, the three team owners we talked to for this article played organized sports.

DeWitt, principal owner and managing general partner of the St. Louis Cardinals LP, is also president of Reynolds, DeWitt & Co., a Cincinnati-based investment banking firm. He holds a variety of chairmanships in various companies, including Charter Cable Systems Inc.

Cardinals chairman Hanser has been an attorney for 30 years, and a partner at Armstrong, Teasdale since 1978. (He and DeWitt were classmates at St. Louis Country Day '59 and Yale '63.) He specialized in estates, tax, venture capital and banking. Now he oversees the Cardinals' daily operations on behalf of the ownership group of which he is a member.

According to Hanser, he and DeWitt played Khoury League baseball together, around the age of 8-to-12 years old. "Bill and I used to play at Fairgrounds Park, and then we would walk over to Sportsman's Park afterward for an afternoon game," he says.

quote

Laurie, chairman and owner of both the Blues and Kiel, grew up in Versailles, Mo., 70 miles southwest of Columbia, Mo. In towns of such size, just about everyone who is male plays sports. Not everyone gets to play in the NCAA basketball finals. Laurie did in 1973 as point guard for Memphis State, playing against eventual champ UCLA. The following season, his senior year, his teammates voted him MVP.

From graduation until 1983, Laurie coached and taught, first at CBC High School in Memphis (yes, they have one, too.) and then Rockbridge High School in Columbia.

Between the pedagogic gig and this writing, Laurie ran a horse farm and real estate operation out of Columbia. He says he's shedding involvement in those erstwhile interests to concentrate on Paige Sports Entertainment, "a management group," media kit materials state, "for the family's sports franchise holdings."

Bill Laurie Bill Laurie

(Holdings? Plural? Laurie publicly ended his run for the Vancouver Grizzlies of the NBA after it became clear it would be implausible to move the team to St. Louis in this millennium. But one senses that Rams minority-stake owner Stan Kroenke's purchase of the Denver Nuggets and Avalanche isn't the last of major league acquisition activity that will emanate from this family.)

It was not a case of sudden interest. Laurie says he's stewed on owning a major league franchise a while. "For the past eight-to-10 years, we felt like it was something we wanted to get into."

More Laurie: "It's always a better situation if you can get involved in your own community and St. Louis is one of the premier sports cities in the U.S. I knew the Blues and Kiel Center situations were there, but the timing wasn't right until last year. Then it was being in the right place at the right time."

Not so much a whim, Laurie rather might be launching a sports-family tradition (he and Kroenke each married one of Bud Walton's daughters), in the likes of which Hanser and DeWitt are already established participants. Consider the family history of William O. DeWitt, Jr., the Cardinals' largest shareholder.

SEE WHAT HAPPENS WHEN YOU MOVE TO ST. LOUIS!

With an estimated 1 billion TV viewers worldwide watching, St. Louis Rams owner (turned economic development "spokeswoman") Georgia Frontiere gave the RCGA and its economic development partners the best marketing tagline of the new millennium in an ending of a Super Bowl that anyone could have imagined. Her declaration, "See what happens when you move to St. Louis!," not only applies to the world's best football team, but also was a wonderful message to companies around the nation and the world whose eyes were on St. Louis.

At a time when the St. Louis region is working hard in a variety of ways to send a message of opportunity and momentum to investors, existing and potentially relocating companies, and to existing and potentially moving talent--Georgia Frontiere's message to the world could not have come at a better time. While we have made the case of the multi-faceted value of a successful sports franchise to a region's economic development, nothing could have made the case stronger than Georgia's well-timed comment following the Rams' stunning 23 - 16 triumph over the Tennessee Titans in the 34th Annual Super Bowl.

 

His father at age 14 started with the Cardinals in 1916 as an office boy. He rose to vice president/treasurer by 1938, during the era of the Gashouse Gang, five pennants and three World Series. From 1939 to 1955 he was involved with the Browns as CEO, GM and (with his brother Charles) owner. The Browns' only pennant came in '44.

William O., Jr., was batboy for the Browns from '49 to '51. It's his uniform that wee batsman Eddie Gaedel wore in '51 for his famous pinch-hit walk. The togs are on loan to the Hall of Fame.

William O., Sr., sold the Browns to Bill Veeck in 1951, who moved them to Baltimore and changed them into Orioles in 1954. The elder DeWitt remained active in Major League Baseball continuously until 1967, and again from '76 to '80, owning in part or whole the Detroit Tigers, the Cincinnati Reds and the Chicago White Sox during those stints.

Here's icing: Hanser's great granddaddy, Adolph M. Diez, was a part-owner of the Cardinals from 1917 to 1947.

Even though his many other jobs are related to investment banking, DeWitt, the largest shareholder in the Cardinals, said, "I don't think anyone went into the ownership group thinking it was the most wonderful investment in the world."

Among the other 15 shareholders are Baur, chairman & CEO of Southwest Bank and its holding company Mississippi Valley Bancshares Inc. (and a Codasco '62 grad); Mercer Reynolds; Donna DeWitt Lambert; and Post-Dispatch chairman Michael Pulitzer.

Taking the helm at so fabled a baseball franchise as St. Louis (The Franchise?) has its challenges. From DeWitt's perspective, "The most difficult aspect is balancing a requirement to operate the team on a sound financial basis, while doing everything that can possibly be done to try to win on the field."

"You can't just go sign up a bunch of all-stars. You'd probably win, but you'd go broke in the meantime," he says.

The Cardinals increased their payroll to $61 million this season from $54 million last year, only after much thought.

"We went through a lot of budgeting to make sure that would work, and the fans played a big role in that because we had the biggest advanced sales we ever had," DeWitt says. "That gave us a comfort level in adding to the payroll because we were confident that we would have good attendance this season."

Hanser sees the challenge of ownership this way: "Understanding that baseball is a very mercurial sport. Often your success is affected by sources beyond your control. It's not unlike running a ski resort; you have to have snow.

"In baseball you need good health and a payroll," he says. "That's why we feel it's important to have a new stadium, to compete with other teams who are bringing new stadiums on line."

quote

Asked the greatest joy of owning a major league team, DeWitt answers, "The love of the sport and the opportunity to be a part of it. And to help make a positive impact on the success of the franchise."

Echoing DeWitt, Hanser says, "It's a great deal of pride knowing I'm involved in one of the greatest franchises of the game. We take very seriously our stewardship of the St. Louis Cardinals. When we purchased the team, we stated our objective was to honor the Cards' great history and success of the past by extending it into the future."

If it was the-love-of-the-sport that spurred Hanser, DeWitt and others to buy the Cardinals, Laurie appears to have taken sole possession of a hockey team and home ice motivated more by love-of-all-sport.

"From the beginning, I felt professional sports is intriguing," Laurie says. "That's part of growing up participating in sports, and eventually coaching."

Thrill of victory, agony of defeat, and all. Laurie could have been forgiven angst in the days immediately after the sub-.500 San Jose Sharks eliminated the Blues from Stanley Cup play, but he gave a candid, even-keeled, even optimistic interview about the future of his franchise.

"It's important that there's a lot of trust, and even now, I still have the utmost confidence in [team management]," he says. "As long as you have trust, I think you can move forward and get better at what you're doing.

"Both our corporations have some outstanding individuals who separate us from a lot of organizations in a lot of ways," he continues. "I feel like we're all part of a big family who are always working for the same results."

Asked the most difficult part of his job Laurie says, "I haven't found anything that's difficult to do, although about three days ago we had an experience that was especially tough. But it's like Bernie Miklasz says: There's a lot of scar tissue on the road to the Stanley Cup."

Naturally, Laurie had a shot at the "greatest joy" question, too: "The most fun in any sports business is winning, and putting together a team that can compete on a day-to-day basis with the rest of the teams in their sport. It's achieving a certain amount of success that makes your fans proud and the people in your organization proud."

Throughout the interview, Laurie alluded directly to neither top nor bottom line. But when pressed, he allowed, "There is a direct correlation between economics and the quality of the team that you put on the ice. Or field."

On the topic of improved economics, Laurie also counseled patience in regard to renaming Kiel Center.

He also joined Hanser in shaking his fist at the fates, "The most frustrating part of hockey is dealing with injuries that don't allow you to compete with 100 percent of your talent," he says. "That's why depth is important. [Blues' general manager] Larry Pleau did a phenomenal job. I can't be any more proud of him than I am."

After losing quarterback Trent Green, only to replace him with eventual NFL MVP Kurt Warner, Rams head coach Mike Martz (and former coach Dick Vermeil) would echo the virtues of depth.

Also the Rams found out shortly after their big win over the Tennessee Titans that it's not just injuries that deplete a roster. Other teams raided the Rams, signing top-flight starters and free agents.

For the time being, football news in St. Louis will probably deal mostly with promoting back-ups to starter, or giving tryouts to walk-ons.

Or there's always the resolution of the Green-or-Warner quandary. Trading one of them would trump baseball news, unless the Cardinals were competing in October.

And with their this-is-why-hope-springs-eternal start, post-season play shouldn't be too surprising, either.


Kevin Kipp runs Bubble Communications, a creative services and community relations firm in St. Charles.

 

 

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Cover Story
The Big Leagues
Cover Story
John Capps
PROFILE
John Capps
President and CEO
Plaza Motor Company

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On the Road Again
HP Device
The Arch and Stadium
Merger Boom

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