Friday, June 4, 2010

Tokyo Apache bought by LA firm

The NHL and NBA playoffs are underway and keeping me at home most mornings. The weather here is great, so I do try to get out in the afternoon, but haven't had the time to catch a game since Monday.

In the meantime, I noticed an interesting article about my favourite local basketball team, the Tokyo Apache. Seems like they have been bought by Evolution Capital Management, an LA-based investment management advisor. I'm not sure how they will run the team or what particular expertise they might have in pro sports, but the new GM did play college ball, so it should be an interesting season coming up. As the article noted, the Apache had one of the worst attendances despite playing in a huge market, so let's hope that Evolution has some marketing capability to bring the Apache to the forefront of the Tokyo sports scene.



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