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Mogul Siegel buys Predators

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By Anthony Caruso III | Publisher

David Siegel is the new owner of the Arena Football League’s Orlando Predators. The time-share mogul also has plans to move the team back to the Amway Center.

The Westgate Resorts CEO confirmed the purchase in an interview with the Orlando Sentinel.

Orlando Predators

Orlando Predators

“I found out the team was available and I’ve been a fan for 20-some-odd years,” he said. “I thought it would be a good business venture as well as a fun venture and a way that I could help the community.”

The 79-year-old said he would not have purchased the team if they stayed at the Central Florida location. They were playing games at the University of Central Florida campus.

At this time, the official terms of the agreement are not known. The deal also reportedly still needs the city commission to sign off on.

Westgate executive Jared Saft is expected to be the Predators new team president.

“[The community] is used to going downtown for Magic games and the Citrus Browl,” Siegel said. “That’s where the team should be. I’m not interested in what happened in the past. As far as I’m concerned, it’s like a new day, a new team.

“We’re going to fill that arena.”

The Predators last called the Amway Center home from 2011 to 2013. Due to low attendence, the team moved to CFE Arena, UCF’s basketball facility.

This season, they had approx. 5,000 fans. Orlando plays their final game of the season on July 26th at 7 pm against the Arizona Rattlers.

“I like to take things and make them better,” Siegel said. “That’s one of the challenges. I think if the team was running like a Swiss watch, I’d probably not be as interested.”

Any Corrections?. You can contact Anthony at publisher@thecapitalsportsreport.com.

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