MLB due diligence; MLB draft signing deadline; NBA players going to Europe
August 16, 2011
Major League Baseball continues to do its due diligence on the sale of the Houston Astros from current owner Drayton McLane to a group led by Jim Crane. Because the group that Jim Crane heads up is so large, MLB needs more time to complete the research and investigation needed on all of the Crane group investors. The vote on the sale of the team instead of happening this week should take place over the next two weeks.
August 15 was the deadline for Major League Baseball draft picks to sign contracts with the teams that drafted them. Here is a run down on some of the deals that occurred midday on Monday. Expect many last minute deals to have occurred late Monday night.
Here is a link from early Monday on the status of unsigned first round picks.
Issues for NBA players heading to Europe
Vote by MLB on sale of Astros is postponed
Major League Baseball continues to do its due diligence on the sale of the Houston Astros from current owner Drayton McLane to a group led by Jim Crane. Because the group that Jim Crane heads up is so large, MLB needs more time to complete the research and investigation needed on all of the Crane group investors. The vote on the sale of the team instead of happening this week should take place over the next two weeks.
MLB deadline for draft picks to sign
August 15 was the deadline for Major League Baseball draft picks to sign contracts with the teams that drafted them. Here is a run down on some of the deals that occurred midday on Monday. Expect many last minute deals to have occurred late Monday night.
Here is a link from early Monday on the status of unsigned first round picks.
Issues for NBA players heading to Europe
The Sports Business Journal ran an article on the issues that NBA players need to consider when exploring playing in Europe during the lockout. The article was written by Brian Heidelberger of the law firm of Winston and Strawn
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