Aug 2, 2013, 6:16 PM EDT
Peter Gammons reports that Red Sox owner John Henry will be the new owner of the Boston Globe.
It’s surprising news, as the Boston Globe, reporting on its own fate, stated last week that Henry had dropped out of the bidding.
The New York Times previously owned 17.75 percent of the Fenway Sports Group, the company that owns the Red Sox and NESN, only to sell its shares in 2011 and 2012. It announced its intentional to sell the Globe back in February.
If Henry completes his purchase of the Globe, the already cozy relationship between the Red Sox and the paper could grow more intertwined.
The bids for the Globe were expected to come in around $100 million, according to Bloomberg. The Times originally paid $1.1 billion, mostly in stock, to acquire the Globe in 1993.
- Cubs acquire Austin Jackson from Mariners 21
- Unknown Cuban ballplayer sleeps outside of Dodger Stadium, hoping for a tryout 31
- And That Happened: Sunday’s scores and highlights 74
- Jake Arrieta no-hits the Dodgers with 12 strikeouts 32
- Blue Jays will name Mark Shapiro as the new team president 31
- Lance Lynn expects to make next scheduled start despite suffering ankle injury Saturday 2
- Cubs expected to call up Javier Baez on September 1 6
- Settling the Score: Saturday’s results 13
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (266)
- Dan Patrick: When does ESPN cut ties with Curt Schilling? (201)
- Curt Schilling taken off of Little League World Series duty for making a really bad tweet (170)
- Curt Schilling taken off of ESPN’s Sunday Night Baseball telecast this week (134)
- Phillies announcer calls Mets fans “obnoxious” (124)