In the Albuquerque Journal today it was reported that minority owner Sam Bregman has taken over the team, with no comment from David Kahn. In the article, Bregman also stated he was looking for investors for the T-birds.
Just saw the announcement that the Reno Bighorns have been taken over by the Reno Aces baseball club. Again, no comment from Kahn.
Thoughts or comments? Is this a cash flow or performance issue?
I did hear that Sam did take over the Albuquerque team. If I had investment money, I would invest.
I think these sales will be better for both teams.
http://www.rgj.com/apps/pbcs.dll/articl ... ckcomments
...kind of suspicious that the Aces buy the team after asking Reno for money to help jump-start development around the ballpark construction. Price undisclosed... but I wonder if Kahn made a profit.
Can't find a Journal link. When someone "takes over a team" and immediately begs for investors, I do NOT get the warm fuzzies.
Overall, suspicious timing.