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SBD/May 16, 2011/Franchises
Astros Set To Announce Transfer Of Ownership From McLane To Jim Crane
Published May 16, 2011
FINALLY GETTING THE CALL: In Houston, David Barron noted for the last three years, Crane "has gone down swinging in an effort to buy his way into baseball -- a tentative deal in 2008 to buy the Astros that fell through and unsuccessful bids" for the Cubs in '09 and the Rangers last year. Unlike McLane, who "was a novice at the traditions and intricacies of baseball when he bought the Astros, Crane already has a mind for the game and, 40 years ago, had the skills to play it successfully" (HOUSTON CHRONICLE, 5/15). Proskauer Rose is "taking the lead representing Crane on his negotiations with McLane to purchase the Astros, the latest in a string of major sports deals" for the law firm (AMLAWDAILY.com, 5/14).
TIME TO HANG 'EM UP: McLane yesterday said, "It’s time for me to move on to something else." He said that he "has plenty to keep him busy." McLane plans to "focus this next chapter of his life on charitable works and various projects with Baylor University, Scott and White Clinic, etc." In Houston, Richard Justice writes, "But nothing he does is going to put him on stage the way baseball has. ... Through the years, McLane has garnered praise and criticism, and he has taken both in stride. As far as I know, he has returned every phone call and attended every news conference. He has been there when times have been really good and when times have been really bad" (HOUSTON CHRONICLE, 5/16). Justice wonders, "Will we remember good Drayton or bad Drayton? Years from now, we surely will appreciate that he gave us some special memories and put the Astros in a better place in terms of being able to win in the future" (HOUSTON CHRONICLE, 5/16).