team sales in major league baseball

MAJOR LEAGUE MONEY t $680 million, the sale price for the Astros is roughly equal to what was paid for the B oston Red Sox in 2002 but less than the sale price of the Chicago Cubs in 2009. Details of team sales since 2000: David Glass • Glass ecame oyals’ hairman in 993 after eath of wner and ounder wing auffman. Rogers Communi- cations • Rogers purchased 80 percent of team; former owner Interbrew retained other 20 percent. Jeffery Loria • Loria sold Montreal Expos to MLB to purchase team from current Red Sox owner John Henry. Lewis Wolff • Wolff was team vice president before leading group that bought team. Arturo Moreno • After purchase, Moreno changed team’s name from Anaheim Angels. Mark Attanasio • Purchased team from ownership group led by family of MLB commissioner Bud Selig. Lawrence Dolan • Before sale, Indians were the only publicly traded team in MLB. Fred Wilpon • Took control of team, valued at $391 million, after buying out interest of co-owner for $131 million. Frank McCourt* • Deal also included Dodger Stadium, the team’s Dodgertown training facility in Florida, and other properties. Theodore Lerner • The team was purchased from MLB, which had moved the Montreal Expos in 2005 and renamed it. Liberty Media • Liberty gave its Time Warner stock to Time Warner in exchange for the Braves, $1 billion and craft publications. John Henry and Thomas Werner • Included Fenway Park; Henry sold the Florida Marlins to ﬁnance the deal. Ricketts family • Deal included Wrigley Field and 25 percen of Comcast SportsNet. KANSAS CITY ROYALS TORONTO BLUE JAYS FLORIDA MARLINS OAKLAND ATHLETICS MILWAUKEE BREWERS CLEVELAND INDIANS NEW YORK METS LOS ANGELES DODGERS WASHINGTON NATIONALS ATLANTA BRAVES BOSTON RED SOX CHICAGO CUBS TEXAS RANGERS HOUSTON ASTROS LOS ANGELES ANGELS OF ANAHEIM $96 2000 $112 2000 $158 2002 $180 2005 $183.5 2003 $200 2005 $391 2002 $430 2004 $450 2006 $450 2007 $660 2002 $680 2011 $845 2009 $320 2000 Amount of sale, in millions (arranged by value) Year 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 So ur ce s: Ch ic ago Tri bune; wi re repor ts ; For be s Ma gazi ne * ML B as su me d ove rs ig ht of th e Lo s An gele s Do dg er s fr om owner Fra nk Mc Co ur t in Ap ri l. McCLATCHY-TRIBUNE, CHRONICLE Chuck Greenberg, Nolan Ryan and others • Purchased in bankruptcy auction as Greenberg- Ryan group outbid group led by Mark Cuban and Jim Crane. Jim Crane and others • The package includes the Astros’ share of a regional sports network to launch in 2012. $593 2010 Buyer, with details of transaction

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Page 1: Team sales in Major League Baseball

8/6/2019 Team sales in Major League Baseball

http://slidepdf.com/reader/full/team-sales-in-major-league-baseball 1/1

MAJOR LEAGUE MONEY t $680 million, the sale price for the Astros is roughly equal to what was paid for the Boston Red Sox

in 2002 but less than the sale price of the Chicago Cubs in 2009. Details of team sales since 2000:

David Glass• Glass

ecameoyals’hairman in993 aftereath ofwner andounderwingauffman.

RogersCommuni-cations• Rogerspurchased80 percentof team;formerownerInterbrewretainedother 20percent.

JefferyLoria• Loria soldMontrealExpos toMLB topurchaseteam fromcurrent RedSox ownerJohn Henry.

Lewis Wolff • Wolff wasteam vicepresidentbeforeleadinggroup thatbought team.

ArturoMoreno• Afterpurchase,Morenochangedteam’sname fromAnaheimAngels.

Mark Attanasio• Purchasedteam fromownershipgroup led byfamily of MLBcommissionerBud Selig.

LawrenceDolan• Beforesale, Indianswere theonly publiclytraded teamin MLB.

FredWilpon• Tookcontrol ofteam, valuedat $391million, afterbuying outinterestof co-ownerfor $131million.

Frank McCourt*• Deal alsoincludedDodgerStadium, theteam’sDodgertowntrainingfacility inFlorida, andotherproperties.

TheodoreLerner• The teamwaspurchasedfrom MLB,which hadmoved theMontrealExpos in2005 andrenamed it.

LibertyMedia• Libertygave itsTime Warnerstock toTime Warnerin exchangefor theBraves, $1billion andcraftpublications.

JohnHenryandThomas

Werner• IncludedFenwayPark; Henrysold theFloridaMarlinsto financethe deal.

KANSASCITY

ROYALS

TORONTOBLUE JAYS

FLORIDAMARLINS

OAKLANDATHLETICS

MILWAUKEEBREWERS

CLEVELANDINDIANS

NEWYORKMETS

LOSANGELESDODGERS

WASHINGTONNATIONALS

ATLANTABRAVES

BOSTONRED SOX

TEXASRANGERS

HOUSTOASTROS

LOSANGELES

ANGELS OFANAHEIM

$96 2000 $112 2000

$158 2002

$180 2005

$183.5 2003

$200 2005

$391 2002

$430 2004

$450 2006

$450

2007

$660 2002

$680 2011

$320 2000

Amount of sale, in millions (arranged by value)Year

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

Sources: Chicago Tr ibune; wire reports; Forbes Magazine * MLB assumed oversight of the Los Angeles Dodgers from owner Frank McCourt in Apr il . McCLATCHY-TRI

Chuck Greenberg,Nolan Ryanand others• Purchasedin bankruptcyauction asGreenberg-Ryan groupoutbid groupled by MarkCuban andJim Crane.

Jim Craneand other• Thepackageincludes thAstros’ shaof a regionsportsnetwork tolaunch in2012.

$593 2010

Buyer, with details of transaction

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