Articles About Major League Baseball
- Author:
- John Coletta
- Posted:
- 05.24.2011
L.A. Dodgers Slugfest Is Not in the Ball Park
The biggest battle in baseball these days isn’t being played out in the ball park but in the board room. Baseball Commissioner Bud Selig’s recent takeover of the financially strapped Los Angeles Dodgers is perceived as a heroic act that likely will save the fabled franchise from the acrimonious divorce of owners Frank and Jamie […]
- Author:
- John Coletta
- Posted:
- 10.12.2009
At Long Last, Cubs Sale a Done Deal
As a follow-up on a previous blog, the Chicago Cubs have been sold to the Ricketts family in an $800 million deal that encompasses the team, Wrigley Field and a 25 percent stake in Comcast SportsNet. The Tribune will keep a five percent stake in the assets; this means the transaction is worth approximately $845 […]
- Author:
- John Coletta
- Posted:
- 07.16.2009
A Win for the Cubs
At a time when real estate assets are moving slowly, other areas are being eyed for opportunity plays. Bond salesman Thomas Ricketts had just about closed his bidding group’s purchase of the Chicago Cubs from the Chicago Tribune. Documents relating to the fully financed transaction were sent to Major League Baseball over the 4th of […]