| Sidewinders' Sale Finalized
Tucson, AZ - The sale of the Tucson Sidewinders by Tucson Baseball, LLC to Manhattan Capital Sports, LLC and SK Baseball has been approved by the Pacific Coast League and both Minor and Major League baseball. With the necessary approval completed the transaction has been consummated as of Wednesday, September 12, 2007. Tucson Baseball, LLC President/CEO Jay Zucker will remain with the team as a consultant for the 2008 season and will continue to oversee the club's operations. "Over the years we had been approached by a lot on interested parties desiring to acquire our Franchise," said Zucker. "SK Baseball, LLC was the only group that respected our mission and willing to give our community a chance. Although our organization no longer controls the destiny of the franchise while it's here in our community the staff will continue to operate it with the same commitment to community service as we have provided over the last eight seasons." Manhattan Capital Sports and SK Baseball is comprised of three highly successful business partners; Stuart Katzoff, Jerry Katzoff and Herb Simon.
Preview: Cardinals at Pirates
Tony La Russa has been the face of the St. Louis Cardinals franchise for the last 12 seasons, but the end of his tenure in St. Louis could be nearing. In the second-to-last game under his current contract with the Cardinals, La Russa's team looks to extend its win streak to four games as it continues a season-ending three-game series against the Pittsburgh Pirates at PNC Park on Saturday. La Russa said Friday that he'd finish the season and then take a few days to decide if he wants to return for another year. "I'm trying to get home as soon as I can. I've got to get the family involved," said La Russa, who's third all-time in managerial victories with 2,373. La Russa has led the Cardinals to the playoffs in seven of his 12 seasons, including a World Series title last year.
Canada Gains Expansion Value With Loonie
People who follow sports don't necessarily look up currency rates. But a significant benchmark was reached last week when the Canadian "loonie" was valued at slightly more than $.99 compared to the American greenback (the loonie is currently valued at $. 99691). It is the first time since November 1976 that the American and Canadian dollars have been virtually on par. Running franchises in Canada became progressively difficult as the Canadian dollar started a free fall, and bottomed out at around $.62 by 1998. But because the two currencies are now on par, the NHL and the NFL may start looking north of the American border to expand their business opportunities. The NHL once had eight franchises in Canada. The league "expanded" into Quebec City, Edmonton, and Winnipeg in 1979 as a result of what really was a business merger between the NHL and the World Hockey Association.
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