Wednesday, March 24, 2004
Locals Not Swinging at Brewers' Pitch
Two months after the Milwaukee Brewers were put up for sale, no prospective local buyer has surfaced. The club's investment banker, former Deputy Commissioner Steve Greenberg, now of Allen & Co., reports "a significant amount of early interest nationally," according to the Milwaukee Journal Sentinel
The Brewers would be a good buy at the right price. (Insiders expect the club to sell for less than the $180 million they think it's worth.) Several of the club's major negatives are likely to disappear soon after the sale. The locals are so fed up with the Selig family that they'd support any new owner who offered hope, and Miller Park is new enough to generate significant revenue once the fans return. If it lasts a season or two, the new-owner honeymoon would carry the Brewers to the point when their large number of quality prospects at the lower levels should translate into provide major on-field improvement.
Certainly if the Commissioner could get the owners to approve Frank McCourt's woefully underfinanced bid for the Dodgers, he shoud have no trouble winning approval for the sale of his own club.
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Two months after the Milwaukee Brewers were put up for sale, no prospective local buyer has surfaced. The club's investment banker, former Deputy Commissioner Steve Greenberg, now of Allen & Co., reports "a significant amount of early interest nationally," according to the Milwaukee Journal Sentinel
The Brewers would be a good buy at the right price. (Insiders expect the club to sell for less than the $180 million they think it's worth.) Several of the club's major negatives are likely to disappear soon after the sale. The locals are so fed up with the Selig family that they'd support any new owner who offered hope, and Miller Park is new enough to generate significant revenue once the fans return. If it lasts a season or two, the new-owner honeymoon would carry the Brewers to the point when their large number of quality prospects at the lower levels should translate into provide major on-field improvement.
Certainly if the Commissioner could get the owners to approve Frank McCourt's woefully underfinanced bid for the Dodgers, he shoud have no trouble winning approval for the sale of his own club.
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