SBD/4/Franchises

THE ONUS OF PROOF IS ON MONUS

     Lawyers for former Rockies part owner Mickey Monus concluded
their arguments in his case seeking $23M in compensation for his
former 10% stake in the club.  Monus sold his share for $300,000
in '92 but now claims insolvency, saying he was "foggy" due to
prescription drugs he took before he signed the deal.  Rockies
lawyers contend that Monus "got out of the Rockies exactly what
he put in --about $300,000, most of it borrowed."  Monus was
fired as Phar-Mor President in '92 and later charged with 123
counts of fraud.  Rockies officials "say privately that Monus has
little chance" of being reinstated to club ownership and that the
case is "a money case."  The Rockies begin making their case
today (Paul Hutchinson, DENVER POST, 11/3).
Return to top

Related Topics:

Colorado Rockies, Franchises

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug