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.
- Mariners prospect Victor Sanchez has died 16
- 2015 Preview: Chicago White Sox 15
- Did David Ortiz admit to more than he realized with his Players’ Tribune editorial? 83
- 2015 Preview: Atlanta Braves 15
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” 118
- 2015 Preview: Chicago Cubs 14
- Unsigned 2014 No. 1 overall pick Brady Aiken undergoes Tommy John surgery 61
- 2015 Preview: Seattle Mariners 15
- Ex-Cardinals outfielder Curt Ford was assaulted in St. Louis and told to “go back to Ferguson” (121)
- David Ortiz: “Nobody in MLB history has been tested for PEDs more than me” (118)
- College baseball player cut after making offensive tweet about Mo’ne Davis (115)
- Rob Manfred says it would be hard to reinstate Pete Rose in a limited way (89)
- Mo’ne Davis says college ballplayer who wrote an offensive tweet about her deserves a second chance (88)