Looks like the complicated stock swap between Time Warner and Liberty Media is finally nearing completion. Buggger!
Word among baseball officials in recent days is that the sale is moving closer to completion, maybe reaching that point in the next month or so. Opening day is April 1. To paraphrase Yogi Berra, it’s not done until it’s done, but both seller and buyer want to do it and expect to do it.
Maybe they'll raise payroll, but I doubt it. At least Terry McGuirk will remain in charge. Still, this deal should've never been allowed. It wouldn't have been approved by the NFL, for example, which forbids corporate ownership. But the NFL has leadership. MLB has Bud Selig. And we're about to have another disinterested ownership group.
--CB
Bud Selig is the worst thing to happen to MLB since the Designated Hitter.
Posted by: Jack Straw | February 07, 2007 at 08:58 AM