Bankruptcy for Steinberg; Moorad must wait; Bud will be back

January 13, 2012

Alcoholism contributed to Steinberg's financial woes

Leigh Steinberg, who was arguably the number one of sports agent in the 1980's and 1990's, has filed for bankruptcy. Steinberg who began representing athletes in 1975, with Steve Bartkowski as his first client, built an empire based on his clean image and having his athletes strive to give back to the community. Steinberg admitted that his battles with alcoholism and former partner David Dunn, contributed to his present financial difficulties.

For more on Steinberg, click on this link.

MLB delays sale of Padres to Moorad

Speaking of Leigh Steinberg, one of Steinberg's former partners, Jeff Moorad will have to wait a little longer before the other Baseball owners approve the sale of the San Diego Padres to Moorad.

Three more years for Bud

As expected, Major League Baseball owners voted 29-1 to give Commissioner Bud Selig a two year contract extension. Selig had said he would retire after the 2012 season, but now it appears he will be around to at least 2014. Only one owner voted against the extension, San Diego Padres owner John Moores was so upset that Selig delayed the vote on the sale of the Padres, that he refused to vote yes on Selig's extension.
 

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