MLB Reportedly Asks Private Investment Bank To Seek Potential Owners For MASN
MLB has "asked a private investment bank to seek potential new owners for the rights that are now held by the regional sports network controlled by Orioles owner Peter Angelos," according to James Wagner of the WASHINGTON POST. The league is hoping to find a solution to the dispute between the Nationals and Orioles over the "value of the Nationals’ television rights." Sources said that N.Y.-based investment bank Allen & Co. is "seeking buyers to acquire the two franchises’ broadcast rights" from MASN. One source added that Fox Sports and Comcast "are candidates to purchase the rights." However, another source said that the network "has not been approached about a potential sale and that MASN is not for sale." The Nationals and MASN have "been in a disagreement over the size of the Nationals’ TV rights fee since the end of the 2011 season." MLB and the Nationals declined to comment (WASHINGTON POST, 12/14).