Frank and Jamie McCourt reached a tentative divorce agreement that would potentially allow Frank to retain control of the Los Angeles Dodgers, but with one huge condition: in order to fund a settlement, MLB Commissioner Bud Selig must approve a controversial long-term sale of TV broadcast rights to Fox Sports. The settlement, announced this morning, […]
Archive | Major-League Baseball
Gammons rips Wrigley Field, defends Ricketts
Usually Peter Gammons is the smartest guy in the room when it comes to baseball, but comments he made about Wrigley Field being a “dump” and Cubs owner Tom Ricketts not knowing the true renovation price of the ballpark are ridiculous — and are generating lots of heat in the Windy City. Gammons, now an […]
Brewers, Miller Park going green during week-long event
The Milwaukee Brewers will be showcasing the sustainable features of Miller Park during the week-long Brewing a Greener Game event later this month, in a showcase of environmentally advanced features on June 20-26. Since the beginning of the 2010 season, the Brewers have enhanced their measures to green up their overall operations in all areas […]
O.co Coliseum goes live tomorrow
The Oakland-Alameda County Coliseum will officially become O.co Coliseum tomorrow, as Overstock.com — purchaser of naming rights to the home of the Oakland Athletics — unveils a new corporate name and a logo just in time for a U2 concert. The Internet retailers purchased naming rights to the Coliseum in a six-year, $7.2 million naming-rights […]
Einhorn negotiating for chunk of Mets
David Einhorn, a high-profile Wall Street investor who seeks to find value in underperforming corporations, is negotiating to buy a non-controlling stake in the New York Mets. Einhorn is a big baseball fan, growing up in Milwaukee and playing ball as a kid. He’s made his mark in the financial world as a hedge-fund manager, […]
Stow family files suit against McCourt, Dodgers
This was inevitable: the family of Bryan Stow has filed suit against the Los Angeles Dodgers, Frank McCourt and several other Dodgers-related corporations over the beating of the San Francisco Giants fan in the Dodger Stadium parking lot on Opening Day. You can view the filing here. The lawsuit argues the Dodgers should have been […]
Populous, Hunt land Cubs spring-site design
One of the biggest ballpark deals to come down the pike in recent months has been announced, as Populous landed the contract to design the new Chicago Cubs spring-training facility in Mesa, Arizona, while Hunt Construction will build it. Mesa Mayor Scott Smith made the announcement today. About $84 million is budgeted for the spring […]
Commissioner: Reds should cover ballpark debt with their billions in profits
Since the Cincinnati Reds are generating billions — billions! — of profits from Great American Ball Park, it’s about time the team steps up to cover debt service on the facility, instead of taxpayers, according to a Hamilton County Commissioner. Of course, the owners of the Reds aren’t making billions off the operations of the […]
Stow beating suspect in custody
A suspect in the beating of San Francisco Giants fan Bryan Stow at Dodger Stadium was apprehended by the Los Angeles Police Department, as a Los Angeles Police Department SWAT team raided an East Hollywood apartment early this morning. The suspect, sporting a bald head and tattoos on his neck and arms, was taken into […]
Crane bid for Astros raises red flags for MLB
Though a group led by Jim Crane has agreed to pay Drayton McLane $680 million for the Houston Astros, MLB approval of the sale isn’t a given, as some issues within baseball and in court may cause MLB Commissioner Bud Selig to give the deal close scrutiny. Crane has been an active bidder for MLB […]
Could Rays declare bankruptcy to escape Trop lease?
Though there’s been no indication by the Tampa Bay Rays ownership that bankruptcy is an option, the City of St. Petersburg is wary enough of the potential lease-ending legal move that it’s looking at hiring bankruptcy counsel to counter any possible action by the team. Declaring bankruptcy to avoid a lease isn’t exactly unknown in […]
Crane group lands Astros
Jim Crane, who lost out to Nolan Ryan in a bid for the Texas Rangers, has perhaps the next best thing for someone in the Lone Star State: he’s heading a local group buying the Houston Astros from Drayton McLane in a deal announced today. No word yet on the purchase price, though we expect […]
Stow out of coma; will be moved closer to home
Bryan Stow, the San Francisco Giants fan assaulted in the Dodger Stadium parking lot after the season opener, is now out of a coma and is able to minimally respond with eye and limb movements; he’s being moved to a San Francisco hospital tomorrow. Stow was beaten by two Los Angeles Dodgers fans after the […]