There have been some people in the media or the blog world who seem to think that if a prospective buyer of the team does not have his bid approved by the other owners that they could turn around and sue Major League Baseball. Well, these media types who think that are sadly uninformed on the process.
When you sign an application to purchase a Major League team you sign away all rights to sue MLB. They reserve the right without fear of legal action to admit who they want to their exclusive club of owners. To receive permission to look at a baseball club's financial books a bidder MUST sign away all rights to file a legal action. The group of baseball owners is a private club and they need no reason for rejecting someone. They choose who they want and it does not matter if they reject someone who offers more money than the person whose bid they do accept.
2 Comments
duck chickens said:
i hope teg obama buys the cubs bcuz then we could get gary shefeld right
GO CUBBIS!
duck chickens said:
ipstain my bad kap
Leave a Comment?
What your comment will look like:
said: