The sale of the Chicago Cubs to the Ricketts family — despite higher bids from the like of Mark Cuban — is a great argument for eliminating MLB’s antitrust exemption, according for former U.S. lawmaker Jim Bunning. Bunning is also a former MLB pitcher, so he’s seen the business of the game from all sides. […]
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McCourt throws in towel, will sell Dodgers
Frank McCourt will participate in a court-supervised sale of the Los Angeles Dodgers, Dodger Stadium and associated businesses, ending a standoff with Major League Baseball over the future of the franchise. The announcement was made last night and follows months of legal wrangling over McCourt’s attempts to sell future media rights in an effort to […]
Cuban: I’ll listen if the Wilpons want to sell me a chunk of the Mets
With the finances of the New York Mets increasingly under siege, Dallas Mavericks owner Mark Cuban says he’s interested in investing in the team — but he needs to be sold by the Wilpons on the move. That’s sure to impress MLB owners. From the New York Post: “If they want to sit down and […]
Greenberg, Ryan land Rangers — will ballpark changes be in the offing?
The U.S. Bankruptcy Court overseeing the sale of the Texas Rangers by Hicks Sports Group ended up almost exactly where it began: with Chuck Greenberg and Nolan Ryan controlling the team, the winners of a bidding process forced by Tom Hicks’ creditors. We’re not going to get into the specifics here — they ended up […]