Menu
Franchises

HOUSTON WANTS COMMITMENT FROM MLB THAT ASTROS WILL STAY

          MLB "is balking at Houston's attempt to extract a
     promise the Astros will play at least 30 years in the
     ballpark being built downtown," according to John Williams
     of the HOUSTON CHRONICLE.  Astros Owner Drayton McLane Jr.
     has made a written promise to sign a "strict performance
     lease" that would prevent the team from playing home games
     anywhere else for 30 years.  But the Harris County-Houston
     Sports Authority "wants stronger assurances should baseball
     face worsened economic problems."  In a "doomsday scenario,
     McLane or a future owner might place the Astros in
     bankruptcy, voiding such a lease and freeing the next owner
     to move the team."  Authority officials have been
     negotiating with Acting MLB Commissioner Bud Selig for a
     pledge that MLB "will not allow the Astros to leave Houston
     until their 30-year lease expires."  Though MLB "has the
     antitrust power to make such a promise," two sources said
     that Selig "has been unwilling to put anything in writing." 
     Williams writes that Authority officials "don't have much
     negotiating power" because they have started construction on
     the $249.5M ballpark and need a final lease to secure their
     tenant.  Gene Locke, the Authority's legal counsel, said
     yesterday that until the authority completes its discussions
     with Selig, it cannot complete its lease negotiations with
     the Astros (John Williams, HOUSTON CHRONICLE, 5/1).

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

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/1998/05/01/Franchises/HOUSTON-WANTS-COMMITMENT-FROM-MLB-THAT-ASTROS-WILL-STAY.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/1998/05/01/Franchises/HOUSTON-WANTS-COMMITMENT-FROM-MLB-THAT-ASTROS-WILL-STAY.aspx

CLOSE