Bears GM Ties Future To Mitchell Trubisky Raiders Raise Eyebrows With Conley Pick Bills Coach Sean McDermott Calling The Shots Sens Don't Sell Out Second-Round Opener SeatGeek Signs With Minnesota United Franchise Notes Bush, Jeter Working To Finance Marlins Purchase Beckham MLS Bid Closes In On Completing Funding Is Raiders Signing Lynch A PR Move? MLB Contacts Giants Over Fan "Rally Lights"
Upcoming Conferences and Events
May 31 - Jun 1
PIRATES ABOUT A MONTH AWAY FROM DECIDING ON STOCK OFFERING
Published February 2, 1998
The Pirates expect to decide within a month whether to go ahead with a public offering, according to Tom Barnes of the PITTSBURGH POST-GAZETTE. Pirates Owner Kevin McClatchy: "Right now, I think the timing is pretty good." The team is working with different investment firms to analyze potential interest in a stock offering. McClatchy said that the proposed stock would "fluctuate in value, increasing or decreasing if the total value of the team changed." McClatchy: "If the team ever was sold, (stockholders) would gain in the appreciation." Shareholders wouldn't have voting control of the team (PITTSBURGH POST-GAZETTE, 1/30).