Jan 13, 2012, 1:00 PM EST
Yesterday the assembled owners put the vote to approve Jeff Moorad as the Padres owner on hold. Today Tim Sullivan of the San Diego Union-Tribune has more on that. Specifically, that there are concerns about team finances and debt limit considerations:
Selig declined to specify what questions Moorad’s group must resolve, but he said concerns were first voiced by Jonathan Mariner, MLB’s chief financial officer, on Friday … A baseball source indicated that some of the issues in need of addressing could relate to the commitment of Moorad’s partners and their willingness to fund future cash calls.
It’s kind of rich that after two years of McCourt/Wilpon craziness baseball is now going to hold the line on debt and finances for a guy who saved the bacon of the team’s outgoing owner, John Moores. And it totally irked Moores, who was the only one who voted against Selig’s two-year contract extension yesterday.
That said, if making Moorad wait a bit means that MLB is now going to look closely at all incoming owners’ finances and make sure that no more hucksters get into the ownership ranks, well, all the better.
- Curtis Granderson leaves Yankees for Mets (and $60 million) 18
- Robinson Cano agrees to $240 million deal with Mariners 141
- MLB, NPB nearing new posting system agreement 9
- Report: Talks between the Mets and Curtis Granderson have “intensified” 31
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury 159
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (159)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Robinson Cano agrees to $240 million deal with Mariners (140)
- When will the Yankees regret the Jacoby Ellsbury contract? (99)
- Robinson Cano met with the Mariners in Seattle (87)