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The Sports Authority, Inc. was started in Lakes Shopping mall in Lauderdale Lakes, Florida from a team of enterprise money groups and a number of other essential founding teams. Jack A. Smith, basically COO of Herman’s Planet of Sports, CEO; Roy M. Cohen, Senior Vp and Typical Items Manager; Richard Lynch, Senior Vice president and CFO as well as Arnold Sedel, Vice president of Retailers Operations have been the founding executives. The enterprise funds syndicate was led by William Blair Enterprise Partners and involved Initial Chicago Undertaking Associates, Bain Money, Phillips-Smith Enterprise Partners, Marquette Enterprise Companions, and Bessemer Securities.
The Athletics Authority, Inc. launched its 1st shop in November 1987 in Fort Lauderdale, Florida. In 1990 Kmart obtained the corporation. Five years later, The Sports activities Authority experienced expanded to 136 retailers in 26 states, and was spun off from mother or father Kmart.
Its headquarters had been in Lauderdale Lakes, near Fort Lauderdale.