Discussion

MLB to likely profit from Expos' investment

A stadium deal is expected to help Major League Baseball turn a big profit on the Expos-to-D.C. move.

Originally Published: September 29, 2004
By Darren Rovell | ESPN.com

When Major League Baseball owners purchased the Montreal Expos for $120 million, most who approved the deal couldn't have anticipated that it would take 31 months for the sell-off to finally take place.

But despite criticism over continuous delays in determining the right city, the investment is likely to pay off in the end, thanks in large part to what appears to be a sweetheart stadium deal.

A group of sports investment bankers told ESPN.com that the franchise, given a typical, ...

Read full story

Comments

You must be signed in to post a comment

Already have an account?

ALSO SEE

MORE MLB HEADLINES