Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA Analyzing MLB's New CBA & Spending Limits Losing Revenue Sharing Could Cut A's Payroll More 'Canes Allowed To Withhold Some Financial Figures TFC Becoming MLS' Premier Franchise? Rockets Hire E-Sports Front Office Exec Orioles To Keep Season-Ticket Prices Flat Blackhawks Reward Fans For Watching At Bars MLB, MLBPA Come To Terms On New CBA
PIRATES SALE SLOWED BY INTERNAL DIFFERENCES?; OTHER MLB NEWS
Published May 1, 1995
The Pirates' economic woes and troubled sale are examined by Stephen Baker in the current issue of BUSINESS WEEK. Sources close to the city government say the problem that the city and the team's current owners have had on agreeing on a buyer "grows from a flap" between Mayor Tom Murphy and PPG Industries Chair Vincent Sarni. While Murphy has backed Adelphia Communications Chair John Rigas' $85M bid, Sarni and other Pirate owners have solicited bid from others, including Orlando's Norton Herrick. While PNC Bank, Carnegie Mellon Univ. and Mellon Bank are among those in the Pirates group backing local ownership, PPX and USX are open to outside bids. One observer "thinks the best thing for the Pirates would be for Sarni to get the top job at W.R. Grace & Co., a post he's being considered for, and leave the baseball negotiations" (BUSINESS WEEK, 5/8 issue). A'S TO STAY AT COLISEUM: The Oakland-Alameda County Coliseum Board of Directors "unanimously authorized" Coliseum President George Vukasin to sign an agreement to keep the A's in Oakland through 2004. The deal is expected to be finalized early this week. In the agreement, Stephen Schott and Kenneth Hofmann, who are negotiating to buy the team, agree to play at the Coliseum for nine years plus a three-year renewal option (Oakland Alameda-County Coliseum). UEBERROTH BID STILL ON: Former MLB Commissioner Peter Ueberroth is "moving ahead" with efforts to buy the Angels, according to Tracy Ringolsby in Denver. Ueberroth: "We're working hard and diligently, but I don't want to establish a timetable that I might not be able to meet and would be counter- productive" (ROCKY MOUNTIAN NEWS, 4/30). NORTHERN VA GROUP STILL HOPEFUL: William Colllins and his Virginia Baseball Club, Inc., said that he's "prepared to play the waiting game" in order to attract a team to Northern VA. Collins feels if a current team is going to move, it won't be until June or July. Among the teams Collins cites as "potentially moveable": Pirates, Expos and Mariners (Leonard Shapiro, WASHINGTON POST, 4/29). VIVA BEISBOL: ESPN's Peter Gammons said the Padres' use of Fernando Valenzuela to attract Hispanic-American and Mexican fans is "an attempt to really find out once and for all if San Diego can make it" ("Baseball Tonight," 4/30).