NBA Kings Buy Controlling Interest In D-League Affiliate Sources: Mark Davis To File Vegas Papers In January Raiders' Davis Earns Respect Of Other Owners Bon Jovi Dispels Rumors He Wants To Buy Titans Senators Struggling With Early Season Attendance Barclays Center Using VR To Sell Islanders Tickets Franchise Notes Oakland Doesn't Need To Match Raiders Stadium Offer Owners' Opinions On Raiders' Vegas Plan Vary Devils Unveil One Jersey Marketing Campaign
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).