8/6/2019 Team sales in Major League Baseball

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MAJOR LEAGUE MONEY t $680 million, the sale price for the Astros is roughly equal to what was paid for the Boston Red Sox

in 2002 but less than the sale price of the Chicago Cubs in 2009. Details of team sales since 2000:

David Glass• Glass

ecameoyals’hairman in993 aftereath ofwner andounderwingauffman.

RogersCommuni-cations• Rogerspurchased80 percentof team;formerownerInterbrewretainedother 20percent.

JefferyLoria• Loria soldMontrealExpos toMLB topurchaseteam fromcurrent RedSox ownerJohn Henry.

Lewis Wolff • Wolff wasteam vicepresidentbeforeleadinggroup thatbought team.

 ArturoMoreno• Afterpurchase,Morenochangedteam’sname fromAnaheimAngels.

Mark  Attanasio• Purchasedteam fromownershipgroup led byfamily of MLBcommissionerBud Selig.

LawrenceDolan• Beforesale, Indianswere theonly publiclytraded teamin MLB.

FredWilpon• Tookcontrol ofteam, valuedat $391million, afterbuying outinterestof co-ownerfor $131million.

Frank McCourt*• Deal alsoincludedDodgerStadium, theteam’sDodgertowntrainingfacility inFlorida, andotherproperties.

TheodoreLerner• The teamwaspurchasedfrom MLB,which hadmoved theMontrealExpos in2005 andrenamed it.

LibertyMedia• Libertygave itsTime Warnerstock toTime Warnerin exchangefor theBraves, $1billion andcraftpublications.

JohnHenryandThomas

Werner• IncludedFenwayPark; Henrysold theFloridaMarlinsto financethe deal.

KANSASCITY

ROYALS

TORONTOBLUE JAYS

FLORIDAMARLINS

OAKLANDATHLETICS

MILWAUKEEBREWERS

CLEVELANDINDIANS

NEWYORKMETS

LOSANGELESDODGERS

WASHINGTONNATIONALS

ATLANTABRAVES

BOSTONRED SOX

TEXASRANGERS

HOUSTOASTROS

LOSANGELES

ANGELS OFANAHEIM

 $96 2000   $112 2000 

 $158 2002

 $180 2005

 $183.5 2003

 $200 2005

 $391 2002

 $430 2004

 $450 2006

 $450

 2007 

 $660 2002

 $680 2011

 $320 2000 

 Amount of sale, in millions (arranged by value)Year 

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

Sources: Chicago Tr ibune; wire reports; Forbes Magazine * MLB assumed oversight of the Los Angeles Dodgers from owner Frank McCourt in Apr il . McCLATCHY-TRI

Chuck Greenberg,Nolan Ryanand others• Purchasedin bankruptcyauction asGreenberg-Ryan groupoutbid groupled by MarkCuban andJim Crane.

Jim Craneand other• Thepackageincludes thAstros’ shaof a regionsportsnetwork tolaunch in2012.

 $593 2010 

Buyer, with details of transaction