Bowling for Dollars: Ex-Microsoft Exec Hopes to Hit It Big

THE JOURNAL RECORD, January 18, 2000 | Go to article overview
Save to active project

Bowling for Dollars: Ex-Microsoft Exec Hopes to Hit It Big


AKRON, Ohio (AP) -- Chris Peters was way out of his league in trying to become a professional bowler. But now the millionaire computer whiz wants to buy the league.

Peters, 41, got rich as one of Microsoft's top executives, designing complex software programs. But as he approached middle age, boredom sent him on a new quest, and he quit to become a pro bowler.

Just one obstacle blocked his dream of joining the Professional Bowlers Association: Peters wasn't pro material. He never got his per-game average close to the 200 required for PBA membership.

Now, Peters' plan to buy the PBA could get the league out of the gutter financially and perhaps save the sport in the process.

This week, the PBA, owned by its membership of 2,800 bowlers, is expected to announce that it has given its board of directors permission to negotiate a sale to an outside investment group led by Peters.

"It's time for someone to lead bowling into tomorrow," PBA commissioner Mark Gerberich said at the league's Akron headquarters. He expects the sale to be completed by late February.

The PBA, which lost its TV contract with ABC in 1996 after 36 years on the network, is believed to be more than $3 million in debt. Gerberich said he has been pursuing for years the idea of selling the PBA, founded in 1958, to an outside investor.

"We've been looking at a number of things to increase our revenue streams," Gerberich said. "We took a lot of risks and tried to do a lot of things. But now it's time for something new."

In a letter to its membership, the PBA said a prospective buyer would cover all debt; improve the players' compensation plan; and commit at least $1 million toward tournament prize money.

Peters declined an interview request.

He also hasn't been seen at Sun Villa Bowl in Bellevue, Wash., for a few weeks. That's where Peters had been going three days a week in hopes of getting his bowling game to the pro level.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Bowling for Dollars: Ex-Microsoft Exec Hopes to Hit It Big
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?