MarketSidney Shlenker
Company Profile

Sidney Shlenker

Sidney L. Shlenker was an American businessman. He was the team president of the Houston Astros of Major League Baseball and the owner of the Denver Nuggets of the National Basketball Association.

Early life
Shlenker was born in Monroe, Louisiana. His family moved to Houston two years later. He graduated from St. John's School in Houston, and attended Tulane University, but dropped out without graduating. ==Career==
Career
Shlenker met Roy Hofheinz, the owner of the Houston Astros of Major League Baseball and the Astrodome. Shlenker began promoting non-sporting events held at the Astrodome. Shlenker became a part-owner of the Houston Rockets of the National Basketball Association (NBA) in 1982. In May 1985, he bought the NBA's Denver Nuggets for $20 million. He reached an agreement with the city of Denver to renovate the McNichols Arena. In June 1987, the Major Indoor Soccer League granted a conditional franchise to Shlenker, to begin play in the 1988–89 season. The team, tentatively named the "Denver Desperados", attracted deposits for 400 season tickets within four months, short of the required 5,000; the franchise was revoked in November 1987. In September 1988, Shlenker purchased the Colorado / Denver Rangers of the International Hockey League. He declared the team bankrupt in June 1989. Shlenker sold the Nuggets in November 1989 for $65 million. The year before, Shlenker's plans to remove the Mississippi River Museum on Mud Island to make space for bars and restaurants fell through thanks to intervention of the West Tennessee Historical Society, the Mud Island Foundation, and then-Mayor of Memphis, Richard Hackett. ==Personal life==
Personal life
Shlenker testified in the trial of Heidi Fleiss, the "Hollywood Madam", in 1995. As a former customer, he received immunity for his testimony. Shlenker suffered a spinal cord injury in a 1998 motor vehicle accident on U.S. Route 395 in Big Pine, California. The accident left him paralyzed from the waist down. Shlenker had three children. He later married his second wife, Denise. Shlenker died of heart failure at Cedars-Sinai Medical Center on April 23, 2003. ==References==
tickerdossier.comtickerdossier.substack.com