Investors to buy BASS from ESPN

Author:
Updated:
Original:

ESPN announced it has reached an agreement in principle to sell BASS LLC to a group of investors led by Don Logan, Jerry McKinnis and Jim Copeland.

BASS is the largest membership organization of bass anglers in the U.S., with more than 500,000 members. ESPN bought BASS in 2001 and it has several media platforms, including three magazines and a website.

"The investor group, with its enthusiasm for the brand, will continue to serve BASS's interests with anglers," said Traug Keller, ESPN senior vice president of production for the business divisions.

As part of the agreement in principle, BASS's core television programming assets - the Bassmaster Elite Series and Bassmaster Classic - will remain on ESPN networks.

Until a sales transaction is finalized, BASS will continue to operate under ESPN's ownership.

Related

How to Go Strong For 75 Years!

The 4th generation, family-run Strong’s Marine has put client service at the top of its agenda for over 75 years.

NMLA Releases Annual Statistical Report

The National Marine Lenders Association’s annual report shows that marine loans increased significantly in the past two years, primarily among boat owners aged 45-54.

IBEX Education Conference Schedule Announced

The International BoatBuilders’ Exhibition & Conference will host 2021 pre-conference sessions, tech talks, online workshops and more.

World Cat Acquires New Facility

The catamaran builder adds a 265,000-square-foot manufacturing plant in N.C.

Executive Appointments at Numarine

The Turkish builder names head of international sales and assigns a domestic sales manager.

Click&Boat Accelerates Global Growth

A significant investment from private equity firm Permira is supported by a partnership with Boats Group.

Workforce Solutions Amendment Approved in Mass.

The Bay State’s 2022 budget includes $150,000 in workforce-development funding to support the efforts of the Massachusetts Marine Trades Association.

Palm Beach Readies Revamped Marina

The South Florida town is nearing completion of a $40 million renovation of its public marina.