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Corpus Christi Franchise Sold

June 10, 2008 - Central Hockey League (CHL)
Corpus Christi IceRays News Release


The Central Hockey League (CHL) today announced that the Corpus Christi Rayz franchise has been sold and as a result will remain in the Corpus Christi market and will be a part of the CHL's 17th season beginning this fall. It was previously announced (June 2nd, 2008) that the Rayz would not participate in the 2008-09 season because the team was voluntarily suspending operations but during the course of the next seven days, details were agreed upon to transfer ownership of the team to local businessman Tim Lange.

"We are extremely pleased to see the Rayz participate in the upcoming season and beyond," said Rick Kozuback, President and CEO of Global Entertainment Corporation (AMEX: GEE), which operates the CHL through one of its subsidiary companies. "Tim (Lange) is an outstanding member of the South Texas community and his involvement with and commitment to the Rayz is a great sight to see for the fans of Rayz hockey and the entire CHL. He will be a great addition to our ownership fraternity."

Corpus Christi will be entering their 11th season and in their 10 previous years have combined for a 291-297-66 record. The Rayz will participate in the 2008 CHL Summer Conference beginning this week in Phoenix, Arizona.

The team's previous owner, Doug Frank, had owned the franchise since 2002 and was a pioneer in the WPHL and CHL for the past 10 years.

"We have had a great relationship with Doug (Frank) over the decade and his accomplishment and contributions to the league will not go unnoticed," said Kozuback. "The countless hours he has put in over the past months to secure this sale will see that hockey on the gulf coast will continue."

About the CHL The CHL will be entering its 17th season of play this fall, with 16 member teams across nine states. The CHL saw more than 2.3 million fans attend games during the 2008-09 season and has led North American professional ‘AA' hockey leagues in average attendance for six of the past seven seasons. The CHL is administered by a wholly-owned subsidiary of Global Entertainment Corporation (AMEX: GEE), a company engaged in sports management, arena and related real estate development, facility and venue management and marketing, venue ticketing and brand licensing. For more information about the CHL visit the league's website at www.centralhockeyleague.com.



Central Hockey League Stories from June 10, 2008


The opinions expressed in this release are those of the organization issuing it, and do not necessarily reflect the thoughts or opinions of OurSports Central or its staff.

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