The Boston Red Sox are in the middle of a miserable season. Just 18 months after analysts, fans, and media types were agog at the collection of talent the Red Sox had amassed, the city of Boston is in flames and martial law has been declared.
Even so, it's still a little surprising to think the Red Sox might be for sale. From Fox Business:
The owners of the Boston Red Sox are mulling a potential sale of the storied baseball franchise, and have even begun quietly shopping the team to potential buyers, the FOX Business Network has learned.
The team is owned by the Fenway Sports Group, which also owns the English football team Liverpool FC. While no final decision has been made about a potential sale, and the talks appear to be in the early stages, executives at Fenway Sports are debating whether they have the financial resources to run both teams, according to people with direct knowledge of the matter.
Fox Business says the asking price is likely to start at $1.3 billion, just above the Forbes valuation of $1 billion. Considering that both the Padres and Dodgers more than doubled their Forbes evaluation in recent sales, though, don't be surprised if some crazy numbers start getting thrown around.
So have hope, Red Sox fans. A new, deep-pocketed ownership group might be on the way. And when that's in place, the big moves are sure to follow, like acquiring Adrian Gonzalez and Carl Crawford, just because you can.