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SBD/July 13, 2011/Franchises
Selig Discusses Rays', Indians' Attendance Struggles At Midseason
Published July 13, 2011
SLOW BUT SURE: Selig’s task force studying stadium options for the A’s is now in its 30th month, with no endpoint in sight. But the commissioner, as he has many times in the past, said, “It is better to be right than to be fast.” Selig cited the Expos’ relocation to DC, another protected, multiyear process, as support for his ongoing deliberativeness. “That took a long time, but it’s worked out well. There were a lot of lessons learned” (Eric Fisher, SportsBusiness Journal). When asked about the length of the investigation, the future of the A's in Oakland or San Jose, and the Giants' territorial rights to the South Bay, Selig said, "We're working all that out. The committee has come back. There's a myriad of options. There's a lot of stuff we studied. The one thing I want to be sure about is to look at every conceivable option and analyze all of them" (S.F. CHRONICLE, 7/13)
SALES UPDATES: Selig yesterday also confirmed that he "has cleared" hedge fund manager David Einhorn to purchase a share of the Mets. Selig said, “Once the financial deal is done, yes. He played baseball in my backyard. How can I turn him down?” Einhorn "spent part of his formative years in Milwaukee, and his best friend lived next door to the Seligs." Selig said he was “not concerned” about the loan design of the deal. Selig: “It’s a very good deal for the Mets” (NEWSDAY, 7/13). The Mets yesterday before Selig’s comments said their owners were “engaged in exclusive, positive discussions” with Einhorn and declined further comment (WALL STREET JOURNAL, 7/13). Meanwhile, Selig said the sale of the Astros by Drayton McLane to Jim Crane is “going smoothly” (BOSTON GLOBE, 7/13).