In parts of the U.S., a small town may have only one or two car dealerships or authorized service centers for vehicles within a 100-200 mile radius. Therefore, the closure of a Chrysler or GM dealership could virtually take a whole town with it, including sponsorships for youth baseball.
The Pittsburgh Pirates now have the sole distinction of signing two non-drafted free agents from India. Not only are the players the first Indian-born signed players from that country by MLB, but also for any other major league sport outside of India.
What MLB did not foresee, much like its compatriots on Wall Street who bought up valueless mortgages, and pimped them off as viable commodities, was that such actions would have such a deleterious impact on their baseball revenues come next season, just a few months from now.
It was revealed that NYC on behalf of the NY Yankees, is seeking relief from the Internal Revenue Service (IRS) to receive a special waiver from a law that the IRS amended in 2006 concerning the amount of tax-exempt bonds that may be allotted for the public financing of sports stadium facilities. And any net [...]
