Are the Devils for sale?; Rays get contracts done for two aging veterans

February 2, 2011

Devils for sale?

It's always good to have at least a 51% ownership in any business.  That's the case with New Jersey Devils managing partner Jeff Vanderbeek. Rumors were circulating that the Devils were for sale, but Vanderbeek has indicated that he has no plans to sell the team. The sale rumors came from the minority owners, who had hired Moag & Co. of Baltimore, to explore selling the minority interest in the team.

Money well spent or just spending money?


Damon has an attendance clause in his contract

With contracts completed for veterans Manny Ramirez and Johnny Damon, are the Tampa Bay Rays wisely bringing in veterans who will provide clutch play and veteran leadership, or are the Rays throwing away money on washed-up players? This is what makes these two contracts interesting. The answer to this question will be known within the next several months. The contracts call for Damon to receive $5.25 million with a bonus tied into Rays' attendance figures, while Ramirez is scheduled to get $2 million.
 

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