Sport Supply Group Acquires Assets of Webster`s Team Sports -- South Florida`s Leading and Most Respected Team Sports Distributor

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Wed Jun 24, 2009 11:40am EDT

* Transaction Enhances Coverage of Florida 
* Combines Forces with Long-Time Competitor 
* Company Eyeing Additional Opportunities

DALLAS--(Business Wire)--
Sport Supply Group, Inc. (NASDAQ: RBI) today announced it has acquired
substantially all of the assets of Webster`s Team Sports (A.K.A. Webster`s
Sports Center) of Pompano Beach, Florida. Webster`s, founded in 1946, is south
Florida`s leading team sports distributor to the school, college and youth
league markets. Sport Supply Group did not assume any liabilities in the
transaction. Financial terms were not disclosed. 

Adam Blumenfeld, Chairman and CEO, stated: "Sport Supply intends to dominate
team sports distribution in the state of Florida, and this acquisition is a key
ingredient towards satisfying that goal. Webster`s has been a fixture in the
team sports community for over 60 years, and we are thrilled to have industry
leaders Bob and Bill Webster and their staff of professional salesmen and
saleswomen join our Company. The combination of Webster`s efforts with our
existing direct sales presence in Florida gives Sport Supply Group state-wide
coverage and over time should allow us to significantly leverage our overhead in
the state. We look forward to many productive years of collaboration and
partnership with Webster`s. Sport Supply has competed against Webster`s for
nearly 25 years. It will be a pleasure to work alongside their talented sales
force and use our combined equipment and branded team uniform one stop shop to
service the Florida market." 

Bob Webster of Webster's Team Sports said: "We are thrilled to now be part of
the Sport Supply Group family and excited to bring our customers the best in
product, service and selection. This is the start of a wonderful new chapter in
the long history of Webster's. We are committed to making it a win for our
employees and the hundreds of high schools, colleges and youth programs across
south Florida." 

Mr. Blumenfeld continued: "Over the last 60 days we have seen an uptick in
activity relative to discussions around partnerships, exclusive joint ventures
and potential acquisitions. We are reviewing a number of opportunities and look
forward to further progress in this area. Sport Supply`s industry-leading
platform, bolstered by its strong balance sheet, is well positioned to take
advantage of transactions as we aim to further enhance our market share and
penetration into the $5 billion institutional marketplace." 

About Sport Supply Group

Sport Supply Group, Inc. is the nation`s leading marketer, manufacturer and
distributor of sporting goods and branded team uniforms to the institutional and
team sports market. The Company markets via 3 million direct catalogs, a 40 man
telesales team, 197 direct sales professionals, 60 Platinum Re-distribution
partners and a family of company-controlled websites. 

This press release contains "forward-looking statements" within the meaning of
the Private Securities Litigation Reform Act of 1995. These forward-looking
statements include statements relating to the Company's anticipated financial
performance, business prospects, new developments and similar matters, and/or
statements preceded by, followed by or that include the words "believes,"
"could," "expects," "anticipates," "estimates," "intends," "plans," or similar
expressions. These forward-looking statements are based on management's current
expectations and assumptions, which are inherently subject to uncertainties,
risks and changes in circumstances that are difficult to predict. Actual results
may differ materially from those suggested by the forward-looking statements due
to a variety of factors, including changes in business, political, and economic
conditions which changes may negatively impact school and other government
supported budgets as well as the cost of doing business, actions and initiatives
by current and potential competitors, the availability and cost of financing,
and certain other additional factors described in the Company's filings with the
Securities and Exchange Commission, including under the heading "Risk Factors"
in the Company`s annual reports on Form 10-K and under the heading "Risk
Factors" and/or "Statement Regarding Forward-Looking Disclosure" in the
Company`s quarterly reports on Form 10-Q. Other unknown or unpredictable factors
also could have material adverse effects on the Company's future results,
performance or achievements. In light of these risks, uncertainties, assumptions
and factors, the forward-looking events discussed in this press release may not
occur. You are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date stated, or if no date is stated, as
of the date of this press release. The Company is not under any obligation and
does not intend to make publicly available any update or other revisions to any
of the forward-looking statements contained in this press release to reflect
circumstances existing after the date of this press release or to reflect the
occurrence of future events even if experience or future events make it clear
that any expected results expressed or implied by those forward-looking
statements will not be realized. 





Sport Supply Group, Inc.
Adam Blumenfeld, 972-243-0879 



Copyright Business Wire 2009

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