Now, Reinsdorf Has Bulls in His Stable

Chicago White Sox co-owner Jerry Reinsdorf added another professional sports franchise to his stable, acquiring majority interest in the Chicago Bulls of the National Basketball Assn. for $9.2 million Friday.

One possible obstacle to the deal exists, however. Milwaukee businessman Marvin Fishman, who last year was awarded $12 million in damages from Bull owners after a judge agreed that his bid to buy the team in 1972 was blocked illegally, has said he will continue his efforts to buy the club. West German Michael Gross, the first man since Mark Spitz to hold world records and Olympic titles in two different strokes, set an 800-meter freestyle world best time in the Arena short-course swimming festival at Bonn.

Gross, in his first international race over the distance, clocked 7 minutes 38.75 seconds to lop .15 seconds off the previous mark set by the Soviet Union’s 1980 Olympic champion, Vladimir Salnikov. Gross had won Olympic titles in the butterfly and freestyle. Jim Plunkett of the Raiders has agreed to a new contract with the team, but terms have not been announced. The Hemet News said Friday that it was a $25-million lifetime contract. Raider executive assistant Al LoCasale had no comment about the newspaper’s report that the quarterback would receive $1 million a year as a player for up to three years, including back payment for the 1984 season. Deferred portions of the contract, setting up annuity payments, could bring the quarterback another $22 million, the newspaper said. The United States Tennis Assn. passed over John McEnroe and Jimmy Connors in naming a team to oppose Japan in the Davis Cup, March 8-10. The four members of the team total one appearance in such international competition.

Named to the team by Capt. Arthur Ashe were Eliot Teltscher, Aaron Krickstein, Ken Flach and Robert Seguso. Only Teltscher has played on a Davis Cup team.

The USTA passed over McEnroe and Connors because of a dispute involving the conduct of team members on and off the court. Joe Mullaney, the head basketball coach who built Providence College into a national power in the 1950s and 1960s, announced his retirement effective at the end of the season.

Mullaney’s career college coaching record is 364-212 and includes two NIT championship teams. He also coached in the NBA, including a stint with Los Angeles Lakers and the now-defunct Buffalo Braves. Jozef Sabovcik of Czechoslovakia won the men’s title at the European figure skating championships at Gothenburg, Sweden, despite falling on his opening jump, the mighty triple axel, and being outskated in the final free program by the Soviet Union’s Vladimir Kotin.

Kotin, 22, from Moscow, had to be content with the silver medal behind the 20-year-old Bratislavan, while Poland’s Grzegorz Filipowski kept all the medals in Eastern Europe by winning the bronze. Harry Lancaster, the aide who helped Adolph Rupp build a basketball dynasty at Kentucky, was buried a few yards from Rupp after a funeral that drew coaches, fans, university officials and silver-haired All-Americans from the glory years.

Lancaster, 73, died Tuesday of liver cancer. He had been Rupp’s right-hand man for decades, and the two brought home four NCAA titles, a National Invitation Tournament championship and more than two dozen Southeastern Conference crowns. Names in the News

Auburn basketball Coach Sonny Smith announced that he is resigning at the end of the season to enter the oil business. Smith, 49, has compiled a 96-95 record in seven seasons at Auburn. The Lakers have decided not to add another player to the roster to take the place of injured Jamaal Wilkes. Wilkes is out for the season after tearing a ligament in his left knee.