Astros Owner Sues Former Owner, Media Companies

Houston Astros New LogoHouston Astros owner Jim Crane has sued the team’s former owner and a pair of media companies, alleging he’s lost possibly hundreds of millions of dollars because they misrepresented the value of a regional television network that broadcasts Astros games.  Read more here.

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4 Comments

Filed under Lease & Contracts, Legal

4 responses to “Astros Owner Sues Former Owner, Media Companies

  1. Based on some news reports from last season, the Astros could be on every television channel 24/7 and nobody would be watching anyway.

  2. The Prophet

    Good luck to Jim Crane on this one! You can pay $615 million for a baseball team, but couldn’t afford to pay an attorney or some such $50,000 for due diligence before you wrote the big check. Jim, ever heard of caveat emptor? Really, good luck with this one.

  3. mclane’s old president was tal smith who’s son randy almost killed baseball in detroit and he misrepresented you . in other news a baseball is white with red stiches

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