Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WATERS GREGORY A
   2. Issuer Name and Ticker or Trading Symbol
SPORTS AUTHORITY INC /DE/ [TSA] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP Store Ops & COO
(Last)
(First)
(Middle)
C/O THE SPORTS AUTHORITY, INC., 1050 WEST HAMPDEN AVENUE		 3. Date of Earliest Transaction (Month/Day/Year)
03/31/2005
(Street)

ENGLEWOOD, CO 80110		 4. If Amendment, Date 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
(City)
(State)
(Zip)
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)
Code V Amount (A) or (D) Price
Common Stock 03/31/2005   M   3,200 A $ 6.625 46,159 (1) D  
Common Stock 03/31/2005   M   4,000 A $ 9 50,159 (1) D  
Common Stock 03/31/2005   S   759 D $ 27.14 49,400 (1) D  
Common Stock 03/31/2005   S   4,100 D $ 27.35 45,300 (1) D  
Common Stock 03/31/2005   S   3,100 D $ 27.4 42,200 (1) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities
(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 of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy) $ 6             07/30/2001 07/30/2010 Common Stock 18,000   18,000 (2) D  
Stock Options (Right to buy) $ 13.97             08/09/2002 08/09/2011 Common Stock 8,000   8,000 (2) D  
Stock Options (Right to buy) $ 15.63             04/07/2001 04/07/2008 Common Stock 8,000   8,000 (2) D  
Stock Options (Right to buy) $ 20             12/18/2003 12/18/2012 Common Stock 20,000   20,000 (2) D  
Stock Options (Right to buy) $ 29.88             08/22/2004 08/22/2013 Common Stock 25,000   25,000 (3) D  
Stock Options (Right to buy) $ 6.625 03/31/2005   M     3,200 03/16/2002 03/16/2009 Common Stock 3,200 $ 0 0 D  
Stock Options (Right to buy) $ 9 03/31/2005   M     4,000 12/07/2001 12/07/2008 Common Stock 4,000 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WATERS GREGORY A
C/O THE SPORTS AUTHORITY, INC.
1050 WEST HAMPDEN AVENUE
ENGLEWOOD, CO 80110		       EVP Store Ops & COO  

Signatures

 Nesa E. Hassanein, Attorney-In-Fact   04/04/2005
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(3) 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.
(2) 20% on each annual anniversary of the date of grant over a period of 5 years, subject to early termination under certain circumstances, and to earlier vesting upon a Change of Control.
(1) Amount of Securities Beneficially Owned Following Reported Transaction(s) consists of shares directly owned and awards of restricted stock at varying vesting terms as previously reported that were granted under the 1994 Management Equity Plan and the 2003 Long Term Incentive Compensation Plan.

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