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Wednesday, July 28, 2004

More on Beavers/Timbers Ownership

 
A couple of updates:

This article in the O detailing a potential move of the Mariners farm team to Portland in 2005. The San Diego farm team/Beavers would move to Tacoma for 1 season and then to Reno (as mentioned in the post below) to fill their new ballpark.

The latest news on the Beavers/Timbers/PFE/PCL/City/PGE Park saga is this:

The timberlog got this optimistic quote from a City Official on the ongoing ownership issues in Portland:

"The PCL has found new owners and they are currently working through all the legal issues between PFE, the PCL, and the lender (Teachers) to have the new group purchase the teams.  The City is hopeful that all these transactions will be completed in the next few months and a new operating agreement will be reached with the City that will keep the Beavers and Timbers in Portland for the foreseeable future."

posted by the timberlog at 2:48 PM



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