PCL1 Memphis Redbirds

St. Louis Cardinals in discussions to purchase Triple-A affiliate

Published on September 17, 2008 under Pacific Coast League (PCL1)
Memphis Redbirds News Release


Memphis, Tenn. - The St. Louis Cardinals, the Memphis Redbirds Baseball Foundation and Blues City Baseball announced Tuesday that they have signed a non-binding letter of intent to pursue a transaction by which the Cardinals would purchase the Memphis Redbirds franchise, its Triple-A affiliate, from the Memphis Redbirds Baseball Foundation.

"We are excited about the prospects of this opportunity to continue to provide quality professional baseball to Memphis and the Mid-South," said President of Baseball Operations for the Memphis Redbirds Dave Chase. "The vision that created AutoZone Park will continue to grow if the process with the Cardinals leads to a completed transaction."

The parties expect that it will take several weeks of negotiations to achieve a definitive agreement.

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Pacific Coast League Stories from September 17, 2008


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