Thursday, March 31, 2011

Jim Crane not a slam-dunk choice for other owners

The Biz of Baseball's Maury Brown has an interesting note on the potential ownership bid by Jim Crane - and it might not be a simple approval process.

Your money quote:
A lot will depend on the vetting process of all those prospective buyers, how Crane fits in in terms of the amount of debt he will carry (there are new rules that have been agreed upon by the league and the MLBPA that will make it harder for owners to carry substantial debt), and how his prior deal of walking away from McLane at the last minute all factors in. I’ll lean toward Crane landing the Astros, but it’s not a clean sweep.