Amid Blizzard, NFL Moves Jets-Bills To Ford Field MLB Fires Back Against MASN In Court Battle Royals Owner Shares Offseason Insights Double-A Missions Unveil New Logos, Uniforms MLB Approves Five-Year Manfred Deal Cuomo: "Impractical" To Play Game In Buffalo With Stanton Deal, Loria Gets Chance To Reboot Vikings Ready To Move On Without Peterson Yanks Expect Good Ticket Sales, Exceed Luxury Tax Falcons To Start Selling PSLs In Early '15
JACOR COMMUNICATIONS CEO EXPRESSES INTEREST IN BUYING REDS
Published May 6, 1998
Jacor Communications CEO Randy Michaels said Tuesday night that his OH-based media conglomerate "is exploring the possibility of buying the Reds," according to Geoff Hobson of the CINCINNATI ENQUIRER. Michaels: "We don't know what [Reds Owner Marge] Schott plans to do, but of course it interests us. This is all in the preliminary stages but we're certainly looking at it." Jacor owns 5% of the Rockies and would have to sell that stake before purchasing an interest in another club (CINCINNATI ENQUIRER, 5/6). NOTES: The Cincinnati City Council "is poised today to approve" a $20M incentive package "to lure the Reds to the Broadway Commons ballpark site, despite hearing that the team and Hamilton County aren't even talking about the site" (Lucy May, CINCINNATI ENQUIRER, 5/6)....Columnist Bill Koch wrote an open letter to Schott asking her to sell the team: "Don't do it for them [other MLB owners]. Do it for yourself. The organization is at a crossroads. It needs new blood. ... It's a good time for you to cash in and let someone else deal with the headaches. Sell your control of the partnership. Keep a share as a limited partner if you prefer to keep your hand in it" (CINCINNATI POST, 5/5).