SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report SEPTEMBER 28, 1998
THE SPORTS AUTHORITY, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-13426 36-3511120
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
3383 N. State Road 7, Ft. Lauderdale, Florida 33319
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(Address of principal executive offices) (Zip Code)
(954) 735-1701
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(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On September 28, 1998, the Company and Richard J. Lynch, Jr. mutually
agreed that Mr. Lynch will no longer be employed as the Company's President &
Chief Operating Officer. Additionally, Mr. Lynch has resigned from the Company's
Board of Directors. The news release is attached hereto as an exhibit.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) The following exhibits are filed with this report:
99 News Release, dated September 28, 1998.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE SPORTS AUTHORITY, INC.
Date: September 28, 1998 By: /S/ ANTHONY F. CRUDELE
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Anthony F. Crudele
Senior Vice President and
Chief Financial Officer
(Principal Financial and
Accounting Officer)
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EXHIBIT INDEX
EXHIBIT
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99 News Release dated September 28, 1998.
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EXHIBIT 99
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[GRAPHIC OMITTED] September 28, 1998
FOR IMMEDIATE RELEASE
CONTACT: THE SPORTS AUTHORITY, INC.
Anthony F. Crudele Alexander L. Stanton
Chief Financial Officer Vice President of Strategic Planning & Treasurer
(954) 730-4260 (954) 677-6003
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THE SPORTS AUTHORITY ANNOUNCES RESIGNATION OF PRESIDENT & CHIEF OPERATING
OFFICER
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Fort Lauderdale, Florida, September 28, 1998-- The Sports Authority, Inc.
(NYSE:TSA), the world's largest full-line sporting goods retailer, today
announced that the Company and Richard J. Lynch, Jr. have mutually agreed that
Mr. Lynch will no longer be employed as the Company's President & Chief
Operating Officer. Additionally, Mr, Lynch has resigned from the Company's Board
of Directors. Martin Hanaka, Chief Executive Officer, will be handling Mr.
Lynch's duties until a replacement is named.
Mr. Hanaka stated, "Mr. Lynch provided substantial value to the Company and its
shareholders through 10 years of outstanding service. He was instrumental in
directing the extraordinary growth of the Company during his tenure and in the
success of the Company's initial public offering in 1994. We appreciate his
contributions to the Company and wish him the best in his future endeavors."
The Sports Authority operates 214 full line sporting goods superstores; 198
stores in 32 states across the United States, six in Canada, and ten in Japan
under its joint venture agreement with JUSCO Co., Ltd.
DISCLOSURE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements which reflect
management's current views of future events and financial performance. These
forward-looking statements are based on many assumptions and factors which
involve risks and uncertainties that could cause actual results to differ
materially. These risks and uncertainties are disclosed in the Company's Form
10-K for 1997.
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3383 North State Road 7 \bullet\ Fort Lauderdale, Florida 33319
\bullet\ 954 \bullet\ 735-1701
