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^*

HANAKA MARTIN E

(Last)

(First)

(Middle)

C/O THE SPORTS AUTHORITY, INC.

1050 WEST HAMPDEN AVENUE

(Street)

ENGLEWOOD

80110

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
SPORTS AUTHORITY INC /DE/ [ TSA ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2004

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

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

X	Form filed by One Reporting Person
	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	01/15/2004		S		97,300	D	$40.996	148,958⁽¹⁾	D
Common Stock								532	I	401(k) Plan

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)
Stock Options (Right to buy)	$6.25							08/04/2003	08/01/2010	Common Stock	92,500		92,500	D
Stock Options (Right to buy)	$6.59							08/04/2003	02/09/2010	Common Stock	92,500		92,500	D
Stock Options (Right to buy)	$8.41							08/04/2003	02/20/2011	Common Stock	46,250		46,250	D
Stock Options (Right to buy)	$13.52							08/04/2003	05/27/2009	Common Stock	92,500		92,500	D
Stock Options (Right to buy)	$19.26							08/04/2003	11/17/2008	Common Stock	37,000		37,000	D
Stock Options (Right to buy)	$24.33							08/04/2003	02/29/2012	Common Stock	92,500		92,500	D
Stock Options (Right to buy)	$29.88							08/22/2004	08/22/2013	Common Stock	36,750		36,750⁽²⁾	D
Stock Options (Right to buy)	$33.87							08/04/2003	05/30/2012	Common Stock	$27,750		$27,750	D

Explanation of Responses:

1. Amount of Securities Beneficially Owned include 121,360 shares acquired between February 2, 1998 and August 26, 2002, 31,664 fully-vested restricted shares originally granted on February 20, 2001, 18,500 fully-vested restricted shares originally granted on February 28, 2002 under The Sports Authority's 1996 Restricted Stock Plan, and 11,689 ESP purchases as of the second quarter of 2003, and 36,750 restricted shares granted on August 22, 2003.

2. Non-qualified stock options vest 25% on each anniversary date of the date of grant over a period of four years, subject to early termination under certain circumstances, and to earlier vesting upon a "Change of Control."

	Nesa E. Hassanein	01/16/2004
	** 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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