Hello There, Guest! (LoginRegister)

Post Reply 
Rays owner negotiating with Montreal billionaire
Author Message
Wedge Offline
Moderator
*

Posts: 17,901
Joined: May 2010
Reputation: 835
I Root For: California
Location: IV, V, VI, IX
Post: #1
Rays owner negotiating with Montreal billionaire
https://theathletic.com/news/tampa-bay-r...apxF85tkgd
Quote:Five minority owners of the Tampa Bay Rays are suing majority owner Stuart Sternberg, alleging he has engaged in "a relentless scheme" to "squeeze" them out and take control of the franchise.

The 24-page complaint, which was filed in Florida state court on Saturday, alleges Sternberg has been "secretly negotiating to sell an interest" in the team to Canadian businessman Stephen Bronfman and his Montreal Baseball Group.

Got to hand it to Bronfman, he's already acting like a real MLB owner -- he's asking the Quebec government to help pay for a new Montreal ballpark.
05-24-2021 07:21 PM
Find all posts by this user Quote this message in a reply
Advertisement


goofus Offline
All American
*

Posts: 2,960
Joined: May 2013
Reputation: 60
I Root For: Iowa
Location: chicago suburbs
Post: #2
RE: Rays owner negotiating with Montreal billionaire
Whether it makes sense to move to Montreal or not, The Rays still have a lease at Tropicana Field that runs through 2027.

Assuming it takes 3 years to build a new stadium and 1 year to plan it, all this talk is still about 3 years too early before they would announce anything, and that assumes they would be willing to play at least 4 years as a lame duck team in Florida.

Maybe St. Pete will cut them some slack and let the Rays buy out out the last 4 years of their lease and they can go play for 4 years in old Olympic stadium in Montreal, assuming the new stadium will be in a different location from the old one.
05-24-2021 09:41 PM
Find all posts by this user Quote this message in a reply
AllTideUp Offline
All American
*

Posts: 4,238
Joined: Jul 2015
Reputation: 242
I Root For: Alabama
Location:
Post: #3
RE: Rays owner negotiating with Montreal billionaire
Return of the Expos?

Honestly, it makes sense. Montreal is a huge market that could function well with competent leadership.

The Canadian billionaire shouldn't expect a grand new palace like you might get in a deluxe American market, and that probably wouldn't work in Montreal anyway with the weather. Nonetheless, they could produce something nice and in keeping with the culture up there.

I'm sure they could arrange to buy out a few years in St. Petersburg. Perhaps something else in exchange like making St. Pete the site of the club's Spring training facility.
05-24-2021 09:57 PM
Find all posts by this user Quote this message in a reply
Advertisement


goofus Offline
All American
*

Posts: 2,960
Joined: May 2013
Reputation: 60
I Root For: Iowa
Location: chicago suburbs
Post: #4
RE: Rays owner negotiating with Montreal billionaire
(05-24-2021 09:57 PM)AllTideUp Wrote:  Return of the Expos?

Honestly, it makes sense. Montreal is a huge market that could function well with competent leadership.

The Canadian billionaire shouldn't expect a grand new palace like you might get in a deluxe American market, and that probably wouldn't work in Montreal anyway with the weather. Nonetheless, they could produce something nice and in keeping with the culture up there.

I'm sure they could arrange to buy out a few years in St. Petersburg. Perhaps something else in exchange like making St. Pete the site of the club's Spring training facility.

I hear St. Pete is not willing to discuss any early lease buy out. The Rays are stuck there till 2027.
05-25-2021 07:47 PM
Find all posts by this user Quote this message in a reply
Wedge Offline
Moderator
*

Posts: 17,901
Joined: May 2010
Reputation: 835
I Root For: California
Location: IV, V, VI, IX
Post: #5
RE: Rays owner negotiating with Montreal billionaire
Getting out of the St. Petersburg lease doesn't mean waiting 6 years, it probably means waiting at most 2 or 3 years after a new ballpark is built. By the time Bronfman signs an agreement to buy a share of the Rays and then convinces Montreal or Quebec authorities to pay a huge chunk of the ballpark cost, it will probably be the end of next year, or even later. Then figure at least 2 and maybe 3 years after the funding is in place before the new ballpark is open for business.

And they're only going to Montreal if there's a lot of public money on the table. Whether it's the Rays or A's moving, it's a good guess that the owners are expecting well over $500 million from any city or region. (The A's demand to Oakland is for $855 million.)
05-26-2021 12:08 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2021 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2021 MyBB Group.