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COLLINS GROUP "CLEAR FRONT-RUNNER" AMONG NO. VA MLB BIDDERS
Published November 3, 1994
The partnership headed by telecomm exec William Collins has "emerged as the clear front-runner" among the two potential ownership groups seeking an MLB franchise for Northern VA. One baseball official close to the process: "If we decide we want to expand into that area, it looks at this point like the Collins group is the one we'll be dealing with." Sources said that at the Chicago meeting on Tuesday, Collins' presentation was "more impressive" than the one given by the coalition led by Washington lawyer Bart Fisher. One local official familiar with both presentations: "Collins's group was much stronger. The financing is solid stuff. With Fisher, it was like, 'We are happy to meet with you when you put the numbers all together.'" Fisher is hoping to counter Collins' bid with the addition of a coalition of minority investors. Fisher's group would be the first MLB team headed by minority ownership (Maske & Lipton, WASHINGTON POST, 11/3).