SportsBusiness Daily — Sports Business Resources — your sports business news and information source. Learn More
Advanced
Home About Us Advertise With Us Marketplace/Classifieds College & University Program Subscribe/Trial My Account

Monday
February 5, 2007
Print This Issue


 
MOST VIEWED STORIES
View the top 20 stories
 
Recent Issues
Franchises

Giants’ Magowan Addresses Bonds Deal With Ticket Holders

Magowan Sends Letter To Season-Ticket
Holders Explaining Barry Bonds Deal
MLB Giants Managing General Partner Peter Magowan sent a letter to season-ticket holders last Monday that “outlined the club’s reasons for re-signing Barry Bonds, acknowledging it was a ‘particularly controversial and difficult decision,’” according to Andrew Baggarly of the SAN JOSE MERCURY NEWS. Magowan wrote, “The process of negotiating this contract was complex, lengthy and highly unconventional. This decision was not taken lightly and we spent significant time evaluating all of the elements and circumstances surrounding the negotiations.” Baggarly noted the letter was e-mailed to 27,000 season-ticket holders “shortly before the club announced” Bonds’ one-year, $15.8M contract. The deal has not been completed because MLB “objected to provisions regarding personal appearances.” The letter was not an “extraordinary measure,” as the club “often sends ‘state of the team’ e-mails from Magowan or [GM] Brian Sabean to its season-ticket base” (SAN JOSE MERCURY NEWS, 2/3).


Get A Free Trial To SportsBusiness Daily

Reader Comments

To post comments on this article, log in or register for a free trial.

Related Stories By Company Related Stories By Sport
MLB Giants Using Digital Technology At Park
July 21, 2009 : SportsBusiness Daily

MLB Giants Owner Sue Burns Passes Away
July 20, 2009 : SportsBusiness Daily

49ers Unveil Santa Clara Stadium Plans
July 15, 2009 : SportsBusiness Daily

Neukom: Santa Clara County Still Giants' Area
July 10, 2009 : SportsBusiness Daily

MLB Teams Campaign For All-Star Spots
July 8, 2009 : SportsBusiness Daily

Boras, Manfred Talk About Finances Escalate
November 20, 2009 : SportsBusiness Daily

Selig: Concerns Around Economy Still Exist
November 20, 2009 : SportsBusiness Daily

MasterCard Present At WS DVD Premiere
November 20, 2009 : SportsBusiness Daily

Hicks Hopes To Remain Rangers Majority Owner
November 19, 2009 : SportsBusiness Daily

Selig Committed To Condensing Playoffs
November 19, 2009 : SportsBusiness Daily

ALSO IN THIS SECTION


A Publication of Street & Smith's Sports Group.
Use of and/or registration on any portion of this site constitutes acceptance of our User Agreement (REVISED 2009-06-23) and Privacy Policy (REVISED 2009-06-23).

© 2009 Street & Smith's Sports Group and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Street & Smith's Sports Group.