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The Braves could have a new owner soon.

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The Braves could have a new owner soon.

Postby Pogotheostrich » Mon Apr 24, 2006 9:00 am

Liberty Media Inc. Chairman John Malone is close to an asset swap with Time Warner Inc. that would make him owner of the Atlanta Braves, according to Street & Smith's SportsBusiness Journal.

Liberty Media (NYSE: L), based in Englewood, is a major shareholder in Time Warner, the world's largest media company. But the impending deal, expected to be announced next week, will cut Liberty's interest in the media company.

Malone isn't expected to keep the Braves for long, according to the Journal, quoting the New York Post.

In fact, Atlanta Falcons football team owner Arthur Blank reportedly is getting closer to the $400 million-plus Time Warner and Malone want for the Braves. Blank has "closed the gap" on financial terms for a sale, the Journal said, quoting the Atlanta Constitution.


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Postby Gags Sports » Mon Apr 24, 2006 10:13 am

I wouldn't mind Arthur Blank acquiring the team. I like what he has done with the Falcons in the past few years.

I'd like to see the Braves have a bit more cash to spend so they can get some much needed help in that awful bullpen of theirs.
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Postby subie101 » Mon Apr 24, 2006 10:46 am

wonder if the sale would affect the TBS games? hope not.
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Postby decoy562 » Mon Apr 24, 2006 11:40 am

I hope Arthur buys the Braves.
-Go Braves!
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Postby pigskinnhorsehide » Mon Apr 24, 2006 12:34 pm

wonder if the sale would affect the TBS games? hope not.


good question. although it seems that tbs coverage has even slacked off lately.
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