Sources: Chargers Expected To Move To L.A. In '17 Yanks Set To Benefit From New MLB CBA 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 A's Ballpark Talks To Pick Up Pace With New CBA? 76ers Postpone Game Due To Moisture On Court
IN CLARK GRIFFITH'S MIND, TWINS NOT GOING TO CAROLINA
Published November 24, 1997
Minneapolis lawyer Clark Griffith said Friday that he and other investors "are poised" to offer $86M in cash to buy the Twins, according to Jay Weiner of the Minneapolis STAR TRIBUNE. Griffith, whose group includes his father, former Twins Owner Calvin Griffith, as well as publisher Vance Opperman and St. Paul Saints President Mike Veeck, among others, characterized his bid as a $134M total offer because it would include the assumption of $48M in "certain liabilities." However, Weiner wrote that "it appears" that the offer "won't get a serious look" from Twins Owner Carl Pohlad and his family. Pohlad's son, Bob Pohlad: "We've got the agreement with [NC business exec Don] Beaver" (STAR TRIBUNE, 11/22). Columnist Sid Hartman: "Pohlad won't sell the team to Clark Griffith. There isn't any love lost between Pohlad and the Griffith family" (STAR TRIBUNE, 11/23). Twins execs predict "at least" a $3M increase in operating losses for the '98 season in MN should the team agree to move to NC in '99. The team estimates it lost an estimated $8-10M in '97 (ST. PAUL PIONEER PRESS, 11/24).