LadyStanley
Registered User
http://www.tsn.ca/mlb/story/?id=370627
Major difference in value between leagues. (TV income definitely a part of the difference.)
The New York Times Co. has sold more than half of its stake in the Boston Red Sox for US$117 million.
...
It said it would continue seeking a buyer for the remaining 310 shares in Fenway Sports Group, the parent company of the Red Sox, the Liverpool Football Club, 80 per cent of the NESN television network and 50 per cent of Roush Fenway Racing.
The company bought 17.8 per cent of the ballclub's parent company for $75 million in 2002, then said three years ago that it was looking to sell.
Major difference in value between leagues. (TV income definitely a part of the difference.)