SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

CBT Holdings LLC

(Last)

(First)

(Middle)

10877 WILSHIRE BOULEVARD

SUITE 2200

(Street)

LOS ANGELES

90024

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SPORT SUPPLY GROUP, INC. [ RBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/14/2008

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/14/2008		P		15,300	A	$9	1,895,300	D⁽¹⁾
Common Stock	01/14/2008		P		24,300	A	$8.95	1,919,600	D⁽¹⁾
Common Stock	01/14/2008		P		200	A	$8.94	1,919,800	D⁽¹⁾
Common Stock	01/14/2008		P		1,400	A	$8.91	1,921,200	D⁽¹⁾
Common Stock	01/14/2008		P		3,100	A	$8.9	1,924,300	D⁽¹⁾
Common Stock	01/14/2008		P		2,400	A	$8.89	1,926,700	D⁽¹⁾
Common Stock	01/14/2008		P		100	A	$8.86	1,926,800	D⁽¹⁾
Common Stock	01/14/2008		P		2,600	A	$8.85	1,929,400	D⁽¹⁾
Common Stock	01/14/2008		P		600	A	$8.84	1,930,000	D⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

CBT Holdings LLC

(Last)

(First)

(Middle)

10877 WILSHIRE BOULEVARD

SUITE 2200

(Street)

LOS ANGELES

90024

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

CHARLES BRONFMAN TRUST

(Last)

(First)

(Middle)

10877 WILSHIRE BOULEVARD

SUITE 2200

(Street)

LOS ANGELES

90024

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. These shares are held by CBT Holdings LLC, a Delaware limited liability company ("CBT Holdings"). The Charles Bronfman Trust, a trust organized under the laws of Delaware ("CBT"), is the sole member of CBT Holdings and has the power to vote or direct the vote and to dispose or to direct the disposition of the shares held by CBT Holdings. In such capacity, CBT may be deemed to be the beneficial owner of the shares held by CBT Holdings. CBT disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein.

	/s/ Scott Richland, Manager on behalf of CBT Holdings LLC	01/15/2008
	/s/ Jay H. Rubinstein, a Trustee of the Charles Bronfman Trust	01/15/2008
	/s/ Jay H. Rubinstein, as Attorney-in-Fact for the Wilmington Trust Company, a Trustee of the Charles Bronfman Trust	01/15/2008
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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