Read More...“I have [former Red Sox CEO] John Harrington’s old office. The day he turned over the reins, he was sitting at the desk and handed me his pen with a warm smile,” Henry wrote in an email.“I still have it. Red ink. I work more of my hours though in my home offices in Florida and in Brookline. But there is nothing like driving into Fenway Park to go to work. I am thankful every day that I get to do that. It’s one big reason why these rumors of a potential sale of the Red Sox are so ...
Read More...In its report, Forbes, which has been tracking the league’s finances since 1998, revealed that the money that all teams made from the $450 million sale of the Montreal Expos in 2006 was invested in hedge funds are now worth more than $1 billion.
“The value of a team used to be about a team itself,” Forbes executive editor Michael Ozanian said in a phone interview with ESPN.com. “Then it shifted to the stadium value and then to the television deals and now it’s more about what’s not on the ...
Some interesting stuff including this exchange.
Read More...Q. You have repeatedly stated that the Red Sox are not for sale. But let’s turn the question around: Not counting casual conversations that you, Tom Werner and Larry Lucchino have had with would-be owners, has a group approached you with a serious offer to buy the team? That is, one that raised eyebrows?
A. No. What I have had since these rumors first surfaced is a great number of investment bankers having called and a few people who reiterated ...
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