Plans to Concentrate on Role as General Partner in Thompson’s Point Development

PORTLAND, ME (June 15, 2012) - The Maine Red Claws today announced that Jon Jennings has resigned as President and General Manager of the team.

Jennings plans to concentrate on his role as part of the development team for The Forefront at Thompson’s Point project. Jennings will continue to serve as a General Partner, with Chris Thompson and Bill Ryan Jr., in Forefront Partners 1, LLP. The City of Portland Planning Board gave final approval for the project on June 5, clearing the way for construction to begin this summer on the $105 million project.The multi-use complex will include a 3,500 to 4,800-seat event center, hotel, sports medicine facility, parking garage, restaurant and two office buildings. The Forefront at Thompson’s Point development will be the biggest private project in the state of Maine since the Maine Mall was built in 1971, and the event center is expected to be the future home of the Maine Red Claws as early as the 2014-15 season.

Jennings resignation from the Red Claws is effective July 6. Team Chairman Bill Ryan, Jr. will assume the additional duties as Team President.

“I am incredibly proud of the organization that we have built at the Maine Red Claws, and the staff that we have assembled,” said Jennings. “We brought an unknown product to Maine in 2009, and it has grown to become a model among NBA Development teams. That is a testament to the hard work and dedication of a talented staff of eight full-time employees. I am looking forward to the new challenge of bringing The Forefront at Thompson’s Point to fruition and to seeing the Red Claws playing in a brand new arena there one day in the not-too-distant future.”

“Jon has done a tremendous job in building the Red Claws into the kind of organization that we are all incredibly proud of,” said Ryan. “We are excited about the prospects that The Forefront at Thompson’s Point project brings for the Red Claws.”