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RUMORS OF A'S SALE FALLING APART CALLED "PREMATURE" BY HAAS
Published April 12, 1995
Rumors that the sale of the A's from the Haas family to CA developers Ken Hofmann and Steve Schott was in trouble were called "premature" by A's CEO Wally Haas yesterday. Haas says the sale is "still on track" and had been slowed by baseball's labor problems. The speculation that the deal was in trouble came from newly-acquired A's Pitcher Dave Stewart, who told writers that the Haas' brothers had told him they would be running the club this season. The Haas brothers left that open as a possibility, but insisted that the sale was "still on track" (Glenn Dickey, S.F. CHRONICLE, 4/12). But a source "with knowledge of the ownership talks" told the OAKLAND TRIBUNE that Hoffman's "wavering commitment to the deal now threatens it." Schott is reportedly "set to handle the team's day-to-day operations." Hoffman and Schott are reportedly equal partners in the deal. Still, a spokesperson for the group said yesterday that they "remain committed" to buying the A's. Schott and Hofmann beat out a Sacramento-based group led by newspaper heir Kevin McClatchy and building supply magnate Fred Anderson. Anderson said yesterday their group would still be interested in the A's (David Li, OAKLAND TRIBUNE, 4/12).