The June 15, 1976 issue of Buffalo's "Courier-Express" blasted the headline "Braves Go to Florida, Leaving 'Hockey Town'". Snyder had a handshake deal to sell the team for $6.1 million to hotel owner Irving Cowan, who would move the Braves to the Hollywood Sportatorium outside of Miami, Florida. However, the city of Buffalo filed a $10 million damage suit to block the move. The sale eventually fell through and the Braves and the city signed a new 15-year Memorial Auditorium lease in July with a provision that the lease could be voided if the team did not sell 5,000 season tickets in any season. Later that summer, Snyder finally sold 50% of the franchise to businessman John Y. Brown Jr., who had previously owned the Kentucky Colonels of the American Basketball Association (ABA). Brown later acquired the remaining half from Snyder sometime in the 1976–77 season and resold that share to another businessman, Harry T. Mangurian Jr.