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Bally Total Fitness was an American fitness club chain. At its 2007 peak, prior to the filing of the first of two Chapter 11 bankruptcies, Bally operated nearly 440 facilities located in 29 U.S. states, Mexico, Canada, South Korea, China, and the Caribbean under the Bally Total Fitness, Crunch Fitness, Gorilla Sports, Pinnacle Fitness, Bally Sports Clubs, and Sports Clubs of Canada brands.
Bally Sports Regional Networks. The Bally Sports Regional Networks[1] are a group of regional sports networks in the United States owned by Diamond Sports Group, a joint-venture company of the Sinclair Broadcast Group and Allen Media Group. The naming rights to the network were sold to casino operator Bally's Corporation.
Bally Manufacturing, later renamed Bally Entertainment, was an American company that began as a pinball and slot machine manufacturer, and later expanded into casinos, video games, health clubs, and theme parks. It was acquired by Hilton Hotels in 1996. Its brand name, and mid-20th century pinball and slot machine logo, are still used by ...
Paul Toback. Paul Toback is an Illinois attorney who served as chief executive officer and chairman of the board of Bally Total Fitness Corporation from December, 2002 until August 11, 2006, prior to the company's Chapter 11 bankruptcy filing in 2007. [1][2] He received a lump sum payment for more than $3 million, and the vesting of 135,000 ...
Bally Total Fitness Corp. agreed to stop mailing bogus "past-due" notices to former customers in Texas and will refund those who fell for its marketing practices, the Texas Attorney General's ...
Life Fitness created the first computerized strength training program in 1988. [3] In 1991, Bally Total Fitness sold the company to Mancuso & Company, a private equity firm, for $62.5 million. [4] The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million.
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Bally Total Fitness acquired Crunch in 2001 for $90 million in cash and stock, [15] holding the brand for four years. In 2005 Angelo, Gordon & Co., a private equity firm, purchased Crunch from Ballys for $45 million, and in 2009 added New Evolution Fitness Company ("NEFC"/New Evolution Ventures), a company founded by Mark Mastrov (founder of 24 hour fitness) and fitness Veteran Jim Rowley, as ...