Event Date: October 17th, 1986
Event Description: Klosterman Concerned
Don Klosterman, president and general manager of the U.S. Football League's troubled Los Angeles Express, said Thursday the team could be disbanded at next week's meeting of team owners.
Klosterman said the survival of the Express depends on current negotiations between the league and ABC-TV and ESPN, which is trying to renegotiate its television contract with the USFL.
An ABC spokesman told KNBC-TV in Los Angeles that the network plans to continue televising USFL games even if the Express are dropped from the league.
“The owners meet Monday in New York (actually in Teaneck, N.J.) and at that particular time the owners are going to decide whether to keep the Express afloat or not,” Klosterman said.
“The LA market is important because of the TV market. But if ABC said that it wasn't important that LA be part of the league, then I'm sure they'll fold us up.”
The other team owners have been financing the Express since late July, when the franchise's majority owner, Charlotte businessman George Shinn, gave up control of it.