Sports
Related: About this forumLew Wolff out as A's managing partner
Lew Wolff, the longtime managing partner of the As ownership group, is stepping away from that role and selling most of his stake in the club to the teams other owners, The Chronicle has learned.
The move is expected to be announced later today. John Fisher, who is the majority partner, will take over as managing partner.
SNIP
Wolff, who served as managing partner for 11 years, will become the As chairman emeritus.
The Chronicle reported on Oct. 31 that one or more of the As owners might sell stakes in the club because of the looming possibility that the team will no longer receive revenue-sharing money in the new collective bargaining agreement with the Players Association.
http://www.sfgate.com/athletics/article/Lew-Wolff-out-as-A-s-managing-partner-new-role-10620792.php
Guess you can pretty much sum up Wolff's motivation from that last paragraph.
A's have nowhere to go but up.
JonLP24
(29,322 posts)Sad
KamaAina
(78,249 posts)largely driven by the fact that he owns the hotels down here where visiting clubs would stay.
Since the A's lost their Sacramento AAA affiliate to the Giants recently, why not have the A's AAA team here, in a smaller stadium, with more room left over for housing 'n' stuff?
ProfessorGAC
(65,151 posts)Revenue Sharing is because of the CBA? That the owners couldn't do it without collectively bargaining how part of the pie is sliced? As long as the players retain free agency, and teams have to spend a minimum percentage of revenues, why would the players care exactly what sources the revenue stream of each individual team?
The excuse seems flimsy.