On 5/18/05 12:40 PM, "Don Jorovsky" <[EMAIL PROTECTED]> wrote:
> David is correct, there is to be a managing partner with 25% to 35% > of the interest in the team. This complies with the needs of Major > League Baseball, which wants to have a single representatives to go > to their meetings That's all that Major League Baseball requires in their ownership structure is a single representative to go to their meetings? Sorry, but I'm not buying that and I think it's incredibly disingenuous to to even suggest such a thing. If it were that simple, we would have community-owned MLB franchises all over the place. > Here is a link to Senate File 900, Ellen's bill (the two bills are the same): > > http://www.revisor.leg.state.mn.us/bin/bldbill.php?bill=S0900.0&session=ls84 For those who don't like bill text, here's a summary for Rep. Kahn's bill (HF1368) that cuts through some of the obtuse language and gets to the point: http://ww3.house.leg.state.mn.us/hrd/bs/84/HF1368.html What's missing is any reference to what Major League Baseball actually has for ownership requirements. Nor have either Rep. Kahn or Sen. Anderson provided any indication that they have attempted to gain feedback from the Twins or MLB officials as to how this proposal would be received. Don't get me wrong, I would gladly line up to buy a share or two in the Minnesota Twins if a viable community ownership proposal came forth, if for no other reason than to have a stock certificate I could hang up at my house. But again, let's make sure that such a proposal is grounded in reality rather than wishful thinking. If it hasn't gotten the thumbs-up from the Twins and/or MLB, then wishful thinking is all you've got because there's no way for the State of Minnesota to compel the Twins or MLB to participate in a community ownership venture. Mark Snyder Windom Park REMINDERS: 1. Be civil! Please read the NEW RULES at http://www.e-democracy.org/rules. If you think a member is in violation, contact the list manager at [EMAIL PROTECTED] before continuing it on the list. 2. Don't feed the troll! Ignore obvious flame-bait. For state and national discussions see: http://e-democracy.org/discuss.html For external forums, see: http://e-democracy.org/mninteract ________________________________ Minneapolis Issues Forum - A Civil City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[email protected] Subscribe, Un-subscribe, etc. at: http://e-democracy.org/mpls
