Orlando, FL — August 11, 2010 — Orlando Titans majority owner Gary Rosenbach today announced that he is placing the franchise on the sale block for $1.4 million. The last three National Lacrosse League franchises sold have ranged from $3 million to $5.575 million for the Rochester Knighthawks in May of 2008.
“Today’s announcement was a very hard one for me to make,” said Rosenbach. “I am first and foremost a fan of professional indoor lacrosse and have done everything within my means to help the sport grow and succeed in both Orlando and New York. However, it saddens me to say that it’s time for me to pass the torch on to someone else who shares my passion for the sport and the desire to see the Titans succeed.”