It’s an open secret the Omaha Storm Chasers (Class AAA; Pacific Coast League) have been on the market, but it now appears a sale of the team is imminent.
The purchasers, which includes an investment banker already with an ownership stake in a short-season A team, is in the final round of negotiations to buy the team, despite scuttlebutt that a sale has already been consummated.
Storm Chasers President/GM Martie Cordaro sent along the following comment:
“It is true that a business group is in negotiations to acquire the Omaha Storm Chasers. As the discussion and negotiations progress through the required channels of the Major League Baseball, Minor League Baseball and the Pacific Coast League, we will provide you with updates. All other information is confidential at this time.”
The Storm Chasers are owned by Bill Shea, Warren Buffett and Walter Scott. The purchase presumably involves Shea’s part of the team.
There may also be some pleasant surprises associated with a sale, we hear.
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