Clipping:Louisville Club ownership, value

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Date Wednesday, August 17, 1887
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...a Sporting Life correspondent talked with President Phelps, of the Louisville Club:--”Could the Louisvilles be purchased?” was asked. “Certainly it could,” replied Mr. Phelps; “money will do almost anything. I control nearly three-fourths of the stock and will sell out any time I get my price.”

“What is the club worth?” “Well, I suppose that if any syndicate should offer $50,000 for the franchise, players and all, the sale could be quickly made. Not much short of that figure, however, will be an inducement to sell out.

Source The Sporting Life
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Submitted by Richard Hershberger
Origin Initial Hershberger Clippings

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