Re: Detroit Tigers, Volume 5: The Hank Greenberg edition
Depends on what the new owner wants to buy, and what the Ilitches want to sell. I would imagine that the new owners would want some of the parking revenue as well. As for the other stuff, not likely.
If the Tigers would hit the market, the Ilitch family would likely realize about a half-billion dollar gain on the transaction. They paid about $140 mil for the team in '92, and should easily clear $650, given what the Astros just went for, and the Dodgers' obscene price this last off-season. That's....gonna be pretty hard to turn down.
EDIT: According to Crain's, Ilitch paid $82 mil for the team in 1992.
Depends on what the new owner wants to buy, and what the Ilitches want to sell. I would imagine that the new owners would want some of the parking revenue as well. As for the other stuff, not likely.
If the Tigers would hit the market, the Ilitch family would likely realize about a half-billion dollar gain on the transaction. They paid about $140 mil for the team in '92, and should easily clear $650, given what the Astros just went for, and the Dodgers' obscene price this last off-season. That's....gonna be pretty hard to turn down.
EDIT: According to Crain's, Ilitch paid $82 mil for the team in 1992.
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