Showing posts with label St. Louis Cardinals. Show all posts
Showing posts with label St. Louis Cardinals. Show all posts

Saturday, February 7, 2009

Lee sold stake in St. Louis Cardinals

Back in December, I complained that Lee was laying off people, but still owned 4 percent interest in the St. Louis Cardinals. Well, it looks like they did -- in another super-secret deal. A brief on Page 2 of the Jan. 21 Sporting News Today said Lee sold its stake in the team last summer for $14 million to $25 million.

The other super-secret deal: That plane fiasco. I still don't know what Lee sold that plane for, but it should have been millions.

(E-mail tip -- thanks.)

Tuesday, December 23, 2008

Lee's baseball interests

Speaking of the Pulitzer papers, Lee Enterprises is a minority owner in the St. Louis Cardinals. Given the company's financial straits, don't you think that'd be worth selling?