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Burke may put Lookouts on the market

Chattanooga LookoutsWINTER MEETINGS — In the open-air bazaar that is the real heart of the Baseball Winter Meetings, an unusual name came up for a team that could be on the market in the near future: the Chattanooga Lookouts (Class AA; Southern League), whose owner, Frank Burke, is debating whether to sell the team.

The issue, we’re told, is relating to family matters and the need to put estate planning in order.

Chattanooga is a flagship franchise in the Southern League and quite the success story: when the team was looking for an alternative to Engel Stadium Burke stepped in and arranged for private financing of AT&T Field, paying off bonds early because of the success of the franchise. If the team is placed on the market, we wouldn’t expect any move toward a move.

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