Redskins Won't Announce Camp Attendance USL Austin Aztex Likely Not Playing In '17 Cowboys Will Be Fined Under NFL Policy Broncos' Ellis, Elway Discuss Future Of Team Brandon Discusses Bills-Sabres Dual Presidency UC-Irvine Opens Up Campus To Rams Cubs' Chapman "Tone Deaf" Talking To Media Twins Hire Korn Ferry To Help With GM Position WNBA Wings Ticket Sales Strong For First Season 49ers Promote Gamble To Assistant GM
WHAT A DIFFERENCE A DAY MAKES AS PIRATES WILL SELL TO RIGAS
Published April 27, 1995
Pirates ownership made a "startling about face" yesterday and will try to sell the Pirates to Adelphia Communications Chair John Rigas by early May. Reports as late as yesterday had team ownership contemplating taking the team off the market after Rigas refused to increase his $85.15M bid for the team. But yesterday Pittsburgh Mayor Tom Murphy "changed the owners' mind" by promising an additional $7-8M in city-backed funding. Team owners also found out at their quarterly meeting yesterday that the team "is nearly out of money and another loan backed personally by the owners was needed" to keep the team in business. Pirates Chair Vincent Sarni: "We're very optimistic for an agreement within a week to 10 days" (WASHINGTON POST, 4/27).