U.S. SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                                        
             INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


FORM 3
                                        
Filed  pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of  the
Investment Company Act of 1940.

1.  Name and Address of Reporting Person:

     KO                      JOHNSON                    C.S.
    ------------------------------------------------------------
    (Last)                    (First)                 (Middle)

     2601-05 CONVENTION PLAZA, OFFICE TOWER
     1 HARBOUR ROAD
    ------------------------------------------------------------
    (Street)

    WANCHAI                  HONG KONG
    ------------------------------------------------------------
    (City)                     (State)                 (Zip)


2.  Date of Event Requiring Statement (Month/Day/Year):

                    12/10/96

3.  IRS or Social Security Number of Reporting Person (Voluntary):

4.  Issuer Name and Ticker or Trading Symbol:

                  SPORT SUPPLY GROUP, INC. (NYSE-GYM)

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

  X  Director                             10% Owner
- -----                                -----

     Officer (give title below):          Other (specify below):
- -----                                -----

                    ------------------

6.  If Amendment, Date of Original (Month/Day/Year):


             TABLE I - Non-Derivative Securities Beneficially Owned



 1.Title of Security     2.Amount of      3.Ownership      4.Nature of
   (Instr. 4)              Securities       Form             Indirect
                           Beneficially     (Direct (D) or   Beneficial
                           Owned            Indirect         Ownership
                           (Instr. 4)       (I)) (Instr.5)   (Instr.5)
  ------------------     --------------    ---------------  -----------
                                                       
        NONE                N/A                  N/A            N/A           



      Reminder:   Report  on  a  separate line  for  each  class  of  securities
beneficially owned directly or indirectly.


                                        
     TABLE II - Derivative Securities Beneficially Owned (e.g., puts, calls,
                   warrants, options, convertible securities):



1.Title     2.Date          3.Title       4.Conversion   5.Owner-   6.Nature
  of          Exercisable     and Amount    or Exercise    ship       of
  Deriva-     and             of            Price of       Form of    Indirect
  tive        Expiration      Securities    Derivative     Deriva-    Bene-
  Security    Date (M/D/Y)    Underlying    Security       tive       ficial
  (Instr.4)                   Derivative                   Security:  Owner-
                              Security                     Direct     ship
                                                           (D) or     (Instr.
                                                           Indirect   5)
                                                           (I)
                                                           (Instr.
                                                           5)
 ----------  -------------  ------------   -----------   ----------  ---------
                                                         
   NONE            N/A           N/A            N/A          N/A        N/A   
                                                     


Explanation of Responses:


               /s/ Johnson C.S. Ko                  12/10/96
               -------------------------------     ----------
               **Signature of Reporting Person         Date


**Intentional  misstatements or omissions of facts constitute  Federal  Criminal
Violations. SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).