Menu
Franchises

ASTROS OWNER CLOSE TO DEAL TO SELL MINORITY SHARE

     Astros Owner Drayton McLane "is close to finalizing a deal
to sell a minority partnership of the team to a group that would
include the Love and Onstead families of Houston," according to
Saturday's HOUSTON CHRONICLE.  Sources say McLane has offered 30
minority shares at $1M each, and the majority of that amount will
be split among five or six investors.  The limited partnership
will constitute about 25% of the team.  Ben Love and his son,
Jeff, were part of a group that tried to buy the team in '92 from
then-owner John McMullen.  Jeff Love stressed that the minority
partners will have no role in day-to-day operations of the team
(Terry Blount, HOUSTON CHRONICLE, 7/15).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1995/07/17/Franchises/ASTROS-OWNER-CLOSE-TO-DEAL-TO-SELL-MINORITY-SHARE.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1995/07/17/Franchises/ASTROS-OWNER-CLOSE-TO-DEAL-TO-SELL-MINORITY-SHARE.aspx

CLOSE