Before buying a majority stake in the Houston Astros, John McMullen was a limited owner of the New York Yankees. When asked to describe his role with the team, McMullen once famously said, “There’s nothing so limited as a limited partner of George Steinbrenner.” In truth, the same could be said for just about any sports franchise. Over […]
Archive for March 13th, 2011
Less for Moorad: The Limitations of Being a Minority Owner
Posted in Baseball, Business and Finance, MLB, Yankees, tagged Arizona Diamondbacks, Bud Selig, Jeff Moorad on March 13, 2011 | Leave a Comment »