ESPN Finalizes Sale of BASS to Investor Group

ESPN Inc., announced Tuesday that it has finalized the sale of BASS, LLC to a group of investors including Don Logan, Jerry McKinnis and Jim Copeland. An agreement in principle was announced in August by ESPN and the transaction was completed Monday.

BASS is the largest membership organization of bass anglers in the U.S. with more than 500,000 members. It was purchased by ESPN in 2001 and includes several media platforms, including three magazines and a popular web site. The investor group is a powerful combination of business acumen and superior knowledge of the outdoors industry.

With the completion of the transaction, the purchasing party assumes ownership of BASS and will run the Celebration, Fla.,-based company. As part of the agreement, ESPN will continue to air BASS core television programming assets – the Bassmaster Elite Series and Bassmaster Classic – for multiple years.

“We are proud of our employees’ contribution to BASS this past decade and we are pleased to continue ESPN’s association going forward,” said George Bodenheimer, co-chairman, Disney Media Networks and president, ESPN. Inc. “Under the direction of Don Logan, Jerry McKinnis and Jim Copeland, BASS will be well positioned to serve angler’s interests for many years to come.”

Investor and outdoorsman McKinnis has a long and rich history with ESPN as the host of the network’s second longest-running show, The Fishin’ Hole, which aired from 1980 until 2007. McKinnis, who has been involved in outdoors television since hosting a fishing show for KATV in Little Rock, Ark., in 1964, has developed a special connection with outdoorsman and anglers with his innovative programming and accessibility. […]