Clipping:The value of the National League
Add a Clipping |
Date | Thursday, February 26, 1891 |
---|---|
Text | It was learned to-day [2/25] from President Young of the National Base Ball League, who has received a letter form John B. Day of the new York Club, that the offer of $1,000,000 for the franchises of all the National League clubs is a bona fide one, but Mr. Young says he feels certain that it will not be accepted. The offers includes not only the franchises and players, but also the grounds and all improvements. The property of the League in grand stands and leases< Mr. Young says, is worth at least three-quarters of a million, and the remaining quarter of a million is considered a very small sum for the franchises, contracts, &c. “One of the motives of the backers of the Brotherhood,” Mr. Young said, “is to get the league to refuse the offer point bland, and then you will hear the cry from the Brotherhood calling attention to the fact that the League, after having said in its manifesto to the public that it had not made any money, had refused a cool million for its franchises. This would place the League in a contradictory position to those who do not know the fats. If any one will take the trouble to figure this matter out they will soon learn that a sum nearer two millions and a half would be more like it. |
Source | New York Sun |
Tags | |
Warning | |
Comment | Edit with form to add a comment |
Query | Edit with form to add a query |
Submitted by | Richard Hershberger |
Origin | Initial Hershberger Clippings |
Comments
<comments voting="Plus" />