Thursday, October 20, 2011

Justice chimes in

Richard Justice chimed in today on the news of the $50m discount:

If MLB believed there were other bidders willing to pay $680 million, it almost certainly would have sold the team to one of them.

Now Crane is asking McLane to reopen negotiations. My guess is that request will not sit well with McLane even if $630 million is more money than he could get if he put the team back on the market. If it’s true that Crane wants a discount, McLane may be the one who walks away this time.