[net.invest] So You Want to Own a Baseball Team?

tgd@clyde.UUCP (Thomas G. Dennehy) (12/13/83)

       As reported in the New York Times on  Sunday  12/11/83,  the
       winter  meeting of Major League owners in Nashville has been
       beseiged with lobby groups from areas like Indianapolis  and
       Tampa   begging  (yes,  that's  the  appropriate  term)  for
       expansion franchises.  The official party  of  MLB  is  that
       "we'll  expand when it's in the best interests of the league
       blahblahblah..."

       It is expected that when new franchises  ARE  awarded,  they
       will  cost  in  the neighborhood of $20Mbucks, as opposed to
       $7M for the last expansion.

       These estimates are based (reportedly) on the recent sale of
       the  Ditroyt  Tigers  for  FORTY-THREE  (count  'em) MILLION
       DOLLARS.

       Whew!!  There's gold in them thar pizzas.
       ------------------------------------------------------------
       Tom Dennehy	AT&T BL Whippany, NJ	{whuxb|clyde}!tgd