TSA Sports Authority New

The Sports Authority, Inc. (NYSE: TSA) is scheduled to report financial results for the fourth quarter and 2005 fiscal year ended January 28, 2006 on Tuesday, March 7, 2006 before the market opens. The company will not be hosting an earnings conference call. On January 23, 2006, The Sports Authority, Inc. announced that it had entered into a definitive agreement to be acquired by an investor group led by Leonard Green & Partners, L.P. and including members of Sports Authority's senior management team, for $37.25 per share in cash. DISCLAIMER In connection with the proposed transaction, a definitive proxy statement of Sports Authority and other materials will be filed with Securities and Exchange Commission (SEC). WE URGE INVESTORS TO READ THE DEFINITIVE PROXY STATEMENT AND THESE OTHER MATERIALS CAREFULLY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT SPORTS AUTHORITY AND THE PROPOSED TRANSACTION. Investors will be able to obtain free copies of the definitive proxy statement (when available) as well as other filed documents containing information about Sports Authority at http://www.sec.gov, the SEC's free internet site. Free copies of Sports Authority's SEC filings are also available on Sports Authority's internet site at http://www.sportsauthority.com. Participants in the Solicitation Sports Authority and its executive officers and directors may be deemed, under SEC rules, to be participants in the solicitation of proxies from Sports Authority's stockholders with respect to the proposed transaction. Information regarding the officers and directors of Sports Authority is included in its definitive proxy statement for its 2005 annual meeting filed with the SEC on April 27, 2005. More detailed information regarding the identity of potential participants, and their direct or indirect interests, by securities, holdings or otherwise, will be set forth in the definitive proxy statement and other materials to be filed with the SEC in connection with the proposed transaction. The Sports Authority, headquartered in Englewood, CO, is one of the nation's largest full-line sporting goods retailers offering a comprehensive high-quality assortment of brand name sporting apparel and equipment at competitive prices. As of January 28, 2006, The Sports Authority operated 398 stores in 45 states under The Sports Authority(R), Gart Sports(R), Sportmart(R) and Oshman's(R) names. The Company's e-tailing websites, located at thesportsauthority.com, gartsports.com, sportmart.com and oshmans.com, are operated by GSI Commerce, Inc. under license and e-commerce agreements. In addition, a joint venture with AEON Co., Ltd. operates "The Sports Authority" stores in Japan under a licensing agreement. This announcement contains, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. Actual results could differ materially from those currently anticipated as a result of a number of factors, including risks and uncertainties discussed in Sports Authority's filings with the SEC. Those risks include, among other things, rapidly changing accounting rules, regulations and interpretations; changes in the competitive environment in the sporting goods industry in general and in the specific market areas of the Company; changes in consumer confidence; changes in discretionary consumer spending; changes in costs of goods and services and economic conditions in general, and in the companies' specific market areas; unseasonable weather; and uncertainty relating to the proposed transaction including whether or not the transaction will be completed. The Company assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.