The Sports Authority, Inc. Consummates Merger

The Sports Authority, Inc. today announced that it has
completed the going-private transaction approved yesterday at a
special meeting of Sports Authority's stockholders. As a result of the
transaction, each issued and outstanding share of The Sports
Authority, Inc. common stock was cancelled and converted automatically
into the right to receive $37.25 in cash, without interest. The
transaction was led by Leonard Green & Partners, L.P. and members of
The Sports Authority's management.
   The Sports Authority remains headquartered in Englewood, Colorado
under existing management. Sports Authority's common stock, formerly
traded on the New York Stock Exchange (NYSE: TSA), will no longer be
publicly traded.
   Stockholders of The Sports Authority who have stock certificates
in their possession will receive instructions by mail from Wells Fargo
Bank, N.A., the paying agent, concerning how and where to forward
their certificates for payment.

   About The Sports Authority

   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 April 29, 2006, The Sports
Authority operated 402 stores in 45 states under The Sports
Authority(R) and Gart Sports(R) names. The Company's e-tailing
website, located at www.thesportsauthority.com is operated by GSI
Commerce, Inc. under a license and e-commerce agreement. In addition,
a joint venture with AEON Co., Ltd. operates "The Sports Authority"
stores in Japan under a licensing agreement.

   About Leonard Green & Partners, L.P.

   Leonard Green & Partners is a Los Angeles-based private equity
firm specializing in organizing, structuring and sponsoring management
buy-outs, going-private transactions and recapitalizations of
established public and private companies. Leonard Green & Partners is
the largest private equity firm in Southern California managing
approximately $3.7 billion of private equity capital.