Rumors: Astros "Available"?
by lnewcomer on Aug 8, 2008 3:39 AM CDT
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PrintOne, tossed off sentence in the latest column from Tracy Ringolsby of the Rocky Mountain News,
Mark Cuban's bid to buy the Cubs reportedly is $1.3 billion. Other franchises that are speculated to be available at the right price are St. Louis, Houston and Seattle.
I'm not very familiar with Ringolsby, but I think he's viewed as a credible reporter. My thought is that while it's probably not likely that the Astros are being shopped, McLane is probably willing to listen. Notice Ringolsby just says there's speculation that they may be available.
Drayton McLane's wikipedia page lists his age at 72 this year. He bought the team in 1992 for $115 million (NY Times article) and if I remember the last Forbes valuations correctly, the team could probably be sold for about four times that amount now. I'm not sure that I've ever read anything that talked about his family's involvement with the management of the team, so I don't know if there is an interest in continuing his ownership on a long-term basis. I wonder how the fact that the team will almost certainly finish this year having missed the playoffs for 3 years in a row will affect McLane?
My natural assumption is that the group that owns the Round Rock and Corpus Christi minor league franchises might be interested if there is a change to be made. I'm not sure how Nolan Ryan's current involvement with the Rangers might affect that possibility. If that's not practicable, there are plenty of wealthy folks out there who'd love to own a team. Maybe if Cuban gets rebuffed by the Cubs, he might look down the road to Houston?
Anyway, it's fun to speculate about baseless rumors. What else is the internet good for?
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Astros' value
This past April, the team was valued at $408 million…nice little investment, on Drayton’s part. I think Cuban owning the Cubs would be great for MLB. He’s young, energetic, and isn’t scared to buck convention and do what’s best for his team, no matter what anybody else says.
We'd definitely have to coffers opened up
But can we handle be associated with the Mavericks? No offense to any Dallas area Houston fans.
A good friend of mine used to say, "This is a very simple game. You throw the ball, you catch the ball, you hit the ball. Sometimes you win, sometimes you lose, sometimes it rains." Think about that for a while.
noo cuban
I would not be able to handle cuban being part of the stros yet against the rockets…since i like Morey i say no cuban!
by gettinziggywithit on Aug 8, 2008 11:55 AM CDT reply actions
Oh, yeah!
Do you think they would let him sit on the bench?
Before you criticize someone, walk a mile in their shoes. If they get mad, you're a mile away AND you have their shoes.
He would be in the front row..(much like Drayton)
Only Cuban would be wearing an Astros jersey!
I said I would love for Cuban to buy the team… He’s obviously a smart guy(self made guy) and he’s enthusiastic… he will also spend money on the team(not saying Drayton doesn’t). I just like him.. he has his quirks(probably tries to take too much control of the day by day stuff), but I still think he’d be good for the team.
Go 'Stros!
Heyman @ SI says Nolan Ryan wants to buy the Rangers
but there’s no evidence that Hicks wants to sell.
http://sportsillustrated.cnn.com/2008/writers/jon_heyman/08/11/heyman.lucchino/1.html (short para at the end of pg. 2)
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NL Central Standings
| W | L | PCT | GB | STRK | |
|---|---|---|---|---|---|
Chicago
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0 | 0 | .000 | 0 | Lost 0 |
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Cincinnati
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0 | 0 | .000 | 0 | Lost 0 |
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Houston
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Milwaukee
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Pittsburgh
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0 | 0 | .000 | 0 | Lost 0 |
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St. Louis
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0 | 0 | .000 | 0 | Lost 0 |
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