Getting Five To One: Share Of D'Rays Sale Gets Informal OK
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Sternberg Not Expected To Receive Shares Of
Team Until After Season Begins |
MLB President & COO Bob DuPuy and VP/Administration John McHale
Jr. "informally endorsed" the "impending sale of a large portion of" the D'Rays
to Stuart Sternberg, according to Carter Gaddis of the TAMPA TRIBUNE, who noted
Sternberg is trying to purchase 48% of the team from Chris Sullivan, Bob Basham,
Mark Bostick, Bill Griffin and Daniel Doyle Sr. DuPuy: "I think any time you
consolidate a group of owners with someone who shows an interest in coming to
a club, and someone with Mr. Sternberg's wherewithal and commitment, it's a
positive sign for the game." Gaddis noted the purchase "has cleared the standard
administrative hurdles set forth by the commissioner's office, including a background
check, but details remain to be worked out and Sternberg isn't expected to receive
his shares of the team until after the regular season begins." D'Rays Managing
General Partner Vince Naimoli would maintain control of the franchise as his
35% interest includes certain "control" shares (TAMPA
TRIBUNE, 3/13).
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