The ownership of Fieldcrest Cannon Stadium, the home of the Kannapolis Intimidators (Low Class A; Sally League), is now clear: the City of Kannapolis is buying it from Rowan County, paying $3 million over 50 years — and not paying interest. For the mathematically challenged, that’s $60,000 a year. We shudder to think about how […]
Tag Archives | ownership
Report: Greenberg out as Rangers CEO
In an abrupt move, Chuck Greenberg is reportedly out as managing general partner of the Texas Rangers and CEO of the team’s holding company, according to the Dallas Morning News. The announcement could come as soon as today. Greenberg, a longtime minor-league owner and operator — his teams include the State College Spikes (short season; […]
T-Padres unveil investors
The Tucson Padres (Class AAA; Pacific Coast League) announced the 11 investors in the team, joining Mike Feder in Tucson AAA Baseball LLC. “When I finalized a management agreement with North County Baseball LLC and formed Tucson AAA Baseball LLC for the business operation of the Tucson franchise, I knew we needed local people with […]
Could we see casualty of affiliate dance in Cal League? Dodgers eying Rancho
Though nothing’s been officially announced — and won’t be until the end of the regular season — word is that the Los Angeles Dodgers are negotiating a purchase of a chunk of the Rancho Cucamonga Quakes (High Class A; California League) and will switch affiliation to the team. It’s become trendy for major-league teams for […]