arizona diamondbacks minority owners arizona diamondbacks minority owners

Process almost always matters in contractual disputes. Majority control of the Diamondbacks is owned by a four-person investment group that took over the club in 2004 from initial majority owner Jerry Colangelo. Cohen speculates that Kendricks potential motive is to consolidate and increase the stakes of the remaining owners who werent bought out. He lost in the Republican primary to attorney John Shadegg, who transformed the campaign into a virtual referendum on Bruners support for the stadium tax. According to the complaint, Kendrick effectively controls about 90% of the Diamondbacks' partnership through his own stake and through his influence over other limited partners. He was also playing a central role in negotiating the deal that led to the relocation of the National Hockey Leagues Winnipeg Jets to Phoenixs America West Arena, where they were rechristened the Phoenix Coyotes in 1996.8. For proof, look no further than the fact that it is a space-grant college, meaning that it belongs to one of 52 consortia formed in the United States for the purpose of researching various space-related topics. Kendricks role as general partner is central to the case. The three plaintiffs believe that Kendrick is effectively forcing them to sell their stakes and at below-market value. The colors were marketed as evocative of the regions cultural heritage. section: | slug: three-diamondbacks-minority-owners-file-lawsuit-over-dispute-with-team-owner-ken-kendrick | sport: baseball | route: article_single.us | A month later Kendrick sent another letter to these three plaintiffs that by electing to not purchase a bigger stake in ownership that they are no longer a limited partner and their stakes will be bought out. Accessed June 3, 2016: http://foxsports.com/arizona/story/cactus-league-stadium-guide-salt-river-fields-arizona-diamondbacks-colorado-rockies-022416 ; Cactus League: Salt River Fields, azcentral.com, February 24, 2016. The franchises financial situation and farm system were in difficult straits at the time of the original regimes departure, but for for more than a decade this has been Kendricks franchise. He realized that if he alienated an ally like Bruner, the political pressure that other county supervisors would face from a public that less than five years earlier had turned down a stadium financing referendum would likely push their votes into the no column.13, Maricopa County tax assessors projected that revenue from the 0.25 percent sales tax would reach its $238 million target in approximately 2 years, and the tax would end around the time the ballpark was slated to open in March 1998. A high-school basketball star, Colangelo gained an athletic scholarship to the University of Illinois, where he captained the basketball team and earned All Big-Ten status. Colangelo believed that taxpayers deserved an immediately competitive club in return for the investment they had made in Bank One Ballpark. 2 Ibid. The ballparks retractable roof allowed fans to enjoy the sun while sitting in air-conditioned comfort. The Maricopa County Stadium Authority, which was created to save the Cactus League, played a similarly decisive role several years later in the arrival of the Diamondbacks by providing the region with a public institution capable of financing a ballpark costing several hundred million dollars. Finally, the plaintiffs are suing to force Kendrick and the Diamondbacks to provide the documentation they have requested, and they are suing for a Preliminary and Permanent Injunction to prevent the team from forcing them to relinquish their ownership stakes, although none of the three have received payment yet and, with the shutdown of sports from the coronavirus, its not clear that anything has transpired that has yet deprived them of any rights or privileges as team owners. We know they believe the appraisal process commissioned by Kendrick lowballed the value of their interests. Both are diehard Diamondbacks fans and season-ticket holders. D-backs tickets are on sale now with home games starting April 6! Besides that, the place has a reputation for being the so-called Jewel of the South.. MLB may want to offer policy statements that support the benefits of contracting the sizes of limited partners. Used by permission under Creative Commons license (CC BY-SA 2.0). Terms at draftkings.com/sportsbook. Accessed June 10, 2016: http://articles.baltimoresun.com/1997-11-19/sports/1997323118_1_red-sox-pedro-martinez-rosters. Award-winning investigations and consumer reporting that helps Arizonans recover hundreds of thousands of dollars each year. Despite the Diamondbacks more recent struggles in the standings, the steadiness of its leadership transformed the franchise into one of the National Leagues most respected almost immediately. 2023 ABG-SI LLC. He and his wife, Randy, have long been conservative political activists. MLB, for instance, approves the sale of any equity in a club. Showalter preferred a steady player-development program through a farm system while Garagiola adopted the win-now (meaning sign free agents) approach favored by Colangelo. The owners Jim Weber, Alfred Molina and. Something that is perhaps unsurprising when the English earl came from the same roots as the Scandinavian jarl. Regardless, Earl received a significant boost to its popularity centuries and centuries ago because the servants of earls started it as a name. The lawsuit claims Kendrick acted illegally when coercing them into either increasing their investment in the team or relinquish their ownership stakes at $60 per unit, a number that the plaintiffs call unfairly discounted. Owners. Stoneham placed his clubs spring-training camp in Phoenix. The arrival of major-league baseball in metropolitan Phoenix in 1998 was preceded by a half-century of close ties between the Valley of the Sun, as Phoenix and 9,200-square-mile Maricopa County are widely known, and the big leagues. In the context of sports, a limited partnership involves a group of investors and businesses who own respective shares. Weber is a retired minor league pitcher who is now president and CEO of ProCuro LLC/BCRx Inc. This type of petition captures the essence of the lawsuit. Accessed June 10, 2016: http://seattlepi.com/sports/baseball/article/Diamondbacks-Yankees-found-success-after-1069899.php. The company helps connect suppliers and seafood buyers throughout Europe. Later that year, Colangelo and Garagiola hired Buck Showalter as the clubs first manager. As of October 2017, these executives have compiled a 1222-1208 (.503) record, [1] five National League West Division titles (1999, 2000, 2001, 2007, 2011), one National League pennant (2001), and one World Series title (2001). Colangelo cleaned house quickly and soon restored the Suns to on-court success; they put together a franchise-record streak of seven consecutive 50-win seasons between 1988-1989 and 1994-1995. Colangelo persuaded the other partners in Arizona Baseball Inc. to call the team the Arizona Diamondbacks rather than the Phoenix Diamondbacks to cultivate a statewide sense of pride and ownership. In the complaint, Cohen claims that Kendrick initially offered to let the limited partners hire their own valuation firm. The complaint contains several claims. Spent Some Time as a Banking Executive, 8. After the draft they traded several of the prospects they had selected for veterans like Detroit Tigers third baseman Travis Fryman and Florida Marlins center fielder Devon White. Like other new spring-training facilities in Arizona, Talking Stick was subsidized in large part by the $2.50 rental-car tax that was put in place back in 1990 to revitalize the ballparks of the Cactus League.29, In 2005 Bank One merged with J.P. Morgan Chase, and Bank One Ballpark was renamed Chase Field. To that end, he is barred from acting in ways that deny the limited partners of their benefits of the partnership. Beginning in the mid-1980s, he sought either an expansion team or a relocated franchise. Arizona has four of MLB Pipelines Top 100 prospects, and is one of two organizations with three prospects within the Top 15, boasting outfielder Corbin Carroll at No. Kendrick also allegedly pledged that the club would resolve differences between the numbers supplied by the two firms (Based Loaded and the firm hired by the limited partners). The first concerted civic effort to secure a major-league franchise began as metropolitan Phoenix, with almost 2 million residents, became the nations 14th largest metropolitan area in the late 1980s. Like Scottsdale itself, Talking Stick evokes the Old Southwest with its homages to mission revival architecture, sagebrush surroundings, and views of Camelback Mountain. For the fourth count of Breach of Fiduciary Duty, filed specifically against Kendrick and the General Partner, which is AZDB I the plaintiffs also seek punitive damages as they claim Kendricks actions were willful, malicious and performed with evil mind and a conscious disregard for the risk of injury to the plaintiffs. He charges that it seemed to be Kendricks idea: Kendrick sought and obtained permission from MLB to institute the floor. Showalter came aboard just days after the New York Yankees fired him in the wake of the teams playoff loss in its first postseason appearance in 14 years. 11 Baseball Panel Backs Phoenix, Tampa Bay, Arizona Republic, March 8, 1995, A1, A16; DBacks Ownership a Mixed Bag, Arizona Republic, March 30, 1998, C33; Richard Obert, Floating on Air, Colangelo Readies Big Party Today, Arizona Republic, March 11, 1995, C1. Defending champs USA, Canada, Mexico, Colombia and Great Britain will square off in round-robin action. All of these plans would be executed once a major professional sports franchise signed a lease to play in the stadium.4, In January 1988 Bidwill won approval from the NFL to move his franchise to Arizona. Chipman was the creator and original owner of TurboTax. As a result, Showalter was fired after the 2000 season.21, The win-now approach was clearly the governing ideology of the Diamondbacks by the time of the November 18, 1997, expansion draft. Part Owner of the Arizona Diamondbacks from the Start, 9. Montreal was less than a two-hour drive from his home in Lake Placid, New York.) Kendrick, 77 and a former banking executive, first became a part-owner of the Diamondbacks when the team was founded in 1995. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy, Diamondbacks minority owners file lawsuit against Ken Kendrick, in a new lawsuit brought against the Diamondbacks. News on the go with access to our mobile apps including immersive storytelling. Over the past two decades, hes founded numerous startups, most of which have been subsequently acquired by the likes of Facebook, Google,, Read More 10 Things You Didnt Know about Yuri GurskiContinue, John Foley, the founder, and CEO of Peloton, a fitness company, worked so hard to get his company off the ground that at one time, his son asked him if he loved the business more, Read More The History of and Story Behind the Peloton LogoContinue, As stated by its name, 3D printing is a process that creates a three-dimensional object using the information stored in a digital file. This refers to the majority of a partnership pressuring those with minority interests to sell upon threat of termination. The three minority owners in question are Alfredo Molina, CEO of a Phoenix-area jewelry company; Jim Weber, a former professional pitcher; and Carlisle Investments. This is a straightforward claim. While these individuals are colloquially referred to as owners, they are more accurately called limited partners. Limited partners comprise a legal entitythe partnershipthat is structured to obtain tax advantages and secure immunities from personal liability. The first is Declaratory Judgment, or a request for the court to state their rights under the Partnership Agreement now and in the future. In the expansion draft, the Diamondbacks scooped up veteran starting pitchers Brian Anderson and Jeff Suppan with their first two picks. Martinez and allows three runs in 1 2/3 innings in his second start of Spring Training, Perfect day for a nice stroll around the bases. CLAYTON TRUTOR is a history instructor at Northeastern Universitys College of Professional Studies. According to Buchanan, Molina was. Its a tech firm that provides tools necessary for efficient process deliveries, price negotiation, and trading. The. AZ International Auto Show & New Car Buyer's Guide 2020 Model Year, Your California Privacy Rights/Privacy Policy. If the offered price to buy them out increases, they might ultimately say yes. Molina, a jeweler by trade, is chairman and CEO of Molina Fine Jewelers. Its clear that Kendrick wants the three plaintiffs, and other partners with very small stakes, out of the Diamondbacks partnership. The arrival of the Cubs and the off-and-on presence of other clubs helped to formalize the existence of the Cactus League, the Grand Canyon States spring-training counterpart to Floridas Grapefruit League.1, Throughout the 1960s and 1970s, the Cactus League remained a small yet stable operation, growing slowly to an eight-team league as Major League Baseball expanded rapidly from 16 to 26 teams. Such austerity did not breed a great deal of on-the-field success. The 2001 World Series-winning team had an $84 million payroll, of which $46 million was deferred. As a starting point, expect Kendrick to deny the complaints depiction of his ownership. 23 Floating on Air, Colangelo Readies Big Party Today; Pedro Gomez, Tickled to Be in Arizona, The Sporting News, December 14, 1998, 80; All Arizona Has to Do Now, Right Now, Is Win., 24 Mike McCloy, Ballpark Looks Like a Million, Arizona Republic, October 13, 1996, B1; Don Ketchum, In the Ballpark, Arizona Republic, November 16, 1995, D4; Come Along on a BOB Tour, Arizona Republic, March 22, 1998, A1; Martin Van Der Wert, 1st Year Is a Tryout for Cooling System, Arizona Republic, March 22, 1998, BP6; Family-Style Attractions Cover All the Bases, Arizona Republic, March 22, 1998, BP10; Bill Muller, Mark Shaffer, and Richard Ruelas, BOB Takes a Bow, Arizona Republic, March 30, 1998, A1; Linda Helser, Diamondbacks May Be Best Pro Sports Bargain in Valley, Arizona Republic, March 29, 1998, C37; Pedro Gomez and Mark Topkin, Scouting the Expansion Cities, The Sporting News, March 30, 1998, 26; Fans Guide: Ticket Prices, March 30, 1998, Arizona Republic, C41. Cohen also disputes the assertion that partners holding interests of less than 1% somehow undermines the financial stability of the club or disrupts management. But the status of being an owner still attracts. Later in 1993, Bruner and Garagiola set up a meeting with Phoenix Suns owner Jerry Colangelo, one of the regions most popular public figures and fervent boosters, to discuss their idea. The same rate was utilized to purchase back existing units from those who declined the offer to purchase new units. They also are suing for Breach of Contract and Breach of the Implied Covenant of Good Faith and Fair Dealing, for which they seek compensatory damages. Additionally, the BOB offered some of the most affordable prices in baseball. 3:57 pm ET, including the six counts on which the plaintiffs are suing, Kik Hernndez recounts on-field bathroom accident, Phillies top prospect Andrew Painter has tender elbow, Max Scherzer fools hitter with new pitch clock rules, Report: Padres looking to extend Juan Soto, Josh Hader, Four international prospects to watch in the WBC, Team USA World Baseball Classic roster, schedule, Phillies top prospect Painter has elbow tenderness, Report: Padres looking to extend Soto, Hader, Report: Mets to use six-man rotation at times in 2023, Dodgers SS Gavin Lux tears ACL, will miss entire season, Joe Musgrove fractures big toe in weight room. Colangelo later said that taking the lead in the baseball expansion effort fulfilled his desire to play a more prominent role in increasing the national profile of the Valley of the Sun. Garrett by trade is a personal finance freelance writer and journalist. Kendrick might argue that he does, in fact, rely on the advice and counsel of limited partners, or that he would like to, but that a large roster of limited partners makes the organization less organized. Examples range from the Barrow Neurological Institute to the Cleveland Clinic Foundation. It was no secret that Bill Bidwill, owner of the NFLs St. Louis Cardinals, intended to move to Phoenix. Very few succeed. Molina became a limited partner in 2004, when he invested $3 million. He made it clear to Colangelo that there would be no increase in the 0.25 percent sales tax unless Maricopa County residents received a good deal on the facility. Call 1-800-GAMBLER. His presence would likely have galvanized the already stinging criticism that he and pro-stadium legislators had already faced as a result of the deal. This means that prospective partners must clear background checks and due diligence reviews. Via Zach Buchanan of The Athletic, three of the team's minority owners have filed suit against managing general partner Ken Kendrick. Colangelo also negotiated a financing deal for a new arena to be built primarily with private money raised through JDMs limited partners and corporate sponsorship deals. The Diamondbacks apparently no longer classify the plaintiffs as limited partners. Granted, this level of ownership doesnt provide authority over team decisions, on- or off-the-field. 9 Robert Logan, Colangelo Quits Bulls to Take Phoenix Post, Chicago Tribune, February 29, 1968, C1; Bob Logan, Colangelo Has Suns Climbing for Summit, Chicago Tribune , May 23, 1976, B3; Lee Shappell, Jerry Colangelo, Arizona Republic, March 12, 1995, BB2; Colangelo Took Bait All the Way to Finals; Kevin Simpson, The Place to Be, The Sporting News, November 7, 1994, S3; Jack McCallum, Desert Heat, Sports Illustrated, May 28, 1990, 50-51; Joe Gilmartin, Suns Colangelo NBA Executive of the Year, The Sporting News, May 16, 1981, 46. Voices, experts and personalities on the right and the left. Datatel no longer exists in the present, seeing as how it combined with a competitor to form Elucian in 2012. Kendrick, the . Since 1992, metropolitan Phoenix has hosted the six-team Arizona Fall League, which provides outstanding minor-league prospects with the opportunity to play in a highly competitive atmosphere once their Double-A and Triple-A seasons have concluded. The suit names AZPB Limited Partnership (Ownership Group), the groups managing partner, and Kendricks wife as the defendants. Heres the rundown of the suit in question: The plaintiffs are suing on six counts. Get your tickets for the Guns N Roses concert on Oct. 11 at Chase Field. Molina, Weber and Carlisle Investments have something else in common: they are plaintiffs in a new lawsuit brought against the Diamondbacks partnership and its general partner, Ken Kendrick. To illustrate, five years ago the Diamondbacks entered into a contract with Fox Sports Net Arizona for the sale of broadcasting rights. For now, the plaintiffs signal a desire to remain in the partnership. Arizona Diamondbacks Minority Owner. Thompson, A History of the Cactus League.. To pay off the construction bonds, Stone or any other prospective tenant agreed to turn over to the city the proceeds from the sale of 212 luxury skyboxes and 10,800 club seats. Kendrick is reportedly waiting until after the Angels' sale is finalized to further explore the possibility of selling the minority stake. In 1989 the eight-team Cactus League was in danger of losing one of its founding members. But instead of becoming a tenant of Stone and the city in the planned domed stadium, Bidwill signed a long-term lease with Arizona State University to play the Cardinals games at the football-only Sun Devil Stadium in Tempe, just east of Phoenix. In-depth coverage of the Valleys real estate market and whats being built and redeveloped in your city. Kendrick has the legal responsibility to engage in fair dealing and act ethically. Carlisle Investments has been a part of the ownership group from 1998 with Molina and Weber buying stakes in 2004, when the team had an operating deficit of $300MM. Cohen also stresses that Molina, Webster and Carlisle Investments have met every requirement for ownership. In the late 1990s, a family of four could attend a game for well under $50, including tickets, parking, and refreshments.24, On game days, thousands of suburbanites who would likely not have otherwise patronized downtown Phoenix brought their discretionary dollars to the BOB and its environs. He is a staff writer for Down the Drive, SB Nations University of Cincinnati athletics website. Molina invested an additional $250,000 in the club between 2009 and 2014. Three minority owners of the Arizona DiamondbacksAlfredo Molina, Jim Weber and limited liability company Carlise Investmentsare suingmanaging general partner Ken Kendrick, per Zach Buchanan of The Athletic. The buyer can then call himself or herself an owner and gain certain privileges. Pro-sales-tax Supervisor Ed King lost his bid for re-election in 1996 in a campaign that focused heavily on his support for the tax.17, More than three years after the vote, in August 1997, Supervisor Mary Rose Wilcox, the lone Democrat on the Board of Supervisors, who voted to impose the tax, was shot in the lower back after a Supervisors meeting by a man described as mentally deranged. Four of the publicly financed facilities created by the legislation are each shared by two major-league clubs, including the Indians facility in Goodyear, which they share with the Cincinnati Reds. Royer was an executive in the cable television industry.27, Colangelos tenure as managing general partner (1998-2004) coincided largely with Joe Garagiola Jr.s term as general manager (1997-2005). During his 35 years as a Suns executive, the team was a fixture in the Western Conference playoffs and played to large, boisterous crowds, first at the Arizona Veterans Memorial Coliseum on the State Fairgrounds and then at the downtown America West Arena. See our ethics statement. The same is true of Carlisle Investments, whose principal is Charles Carlisle. However, according to the complaint, a club attorney later clarified that Kendrick had misspoken and that a second valuation would not be possible. (There was little indication that Stone pursued a stake in the Expos to move the franchise. National Football League Media Relations. In 1968, the expansion Phoenix Suns basketball franchise hired the 29-year-old Colangelo as their first general manager, making him the youngest in major professional sports. * List of Arizona Diamondbacks owners and executives C Jerry Colangelo Billy Crystal K Ken Kendrick M Cindy McCain Jeff Moorad To that end, the plaintiffs insist on all relevant emails, correspondences, work papers and empirical analyses with MLB and Bases Loaded. Alternatively, his entire interest could be bought out for $3.9 million. The Diamondbacks fielded their first affiliated minor-league teams in 1996. 2. 9 prospect Drey Jameson strikes out two batters in two hitless innings during his spring outing against the Giants D-backs Insider Group Tickets Private Suites Special Events Caesars Sportsbook at Chase Field Carson Kelly's solo home run First, it can come from cynwrig, which is Welsh for greatest champion. Second, it can come from cyneric, which is Anglo-Saxon for family ruler. Due to this, it can be rather challenging to tell when Kendrick refers to which potential meaning, seeing as how the Welsh and the English have been interacting with one another in various ways since the Roman withdrawal. Cohen and Sandweiss authored the plaintiffs complaint and filed it in Maricopa County superior court on March 31. Kendrick is interesting in that it has two potential meanings in two languages. In response, the. Like other ball clubs, the Arizona Diamondbacks have a roster of owners. 26 All Arizona Has to Do Now, Right Now, Is Win; Nick Piecoro, Jerry Colangelos Shadow Remains Prominent Over Diamondbacks, azcentral.com, September 27, 2014. 25 Arizona Diamondbacks Letter to Maricopa County Board of Supervisors, January 12, 2016, BallparkDigest.com, March 30, 2016. A trio of Diamondbacks limited partners are taking on the principal owner of the club, Ken Kendrick. If were being honest, an owner with a minority stake experiences a mostly ceremonial involvement. [Buchanan] BREAKING: Three Diamondbacks minority owners are suing the team and managing general partner Ken Kendrick over forced buyouts. Phoenix, AZ 85004 Many aspire to buy a professional sports team and call the shots. There is no logic to it. (In 1998 Bank One acquired the naming rights for 10 years at a cost of $70 million.) managing general partner Ken Kendrick, per, According to that report, they are claiming Kendrick and the Diamondbacks ownership group ", The attorney for the minority owners, Roger Cohen, said his clients weren't legally required to increase their investment and believed Kendrick's leveraging ", had to do with consolidating and increasing the ownership stake of the remaining owners. America West Arena, the Suns new downtown home, opened in June 1992. Downtown May Fully Awaken, Arizona Republic, March 12, 1995, BB7. It gave ownership of the ballpark to the county and guaranteed the county one-third of the annual earnings from naming rights. CBS Sports is a registered trademark of CBS Broadcasting Inc. Commissioner.com is a registered trademark of CBS Interactive Inc. site: media | arena: mlb | pageType: stories | Pages in category "Arizona Diamondbacks owners" The following 6 pages are in this category, out of 6 total. Exclusive sports coverage of Arizona high schools, Sun Devils, Suns, Cardinals and Diamondbacks plus access to USA TODAY Sports+ at no additional cost. Perhaps unsurprisingly, Kendrick went to school at West Virginia University, which is a school with something of a reputation for research. He emphasized the booming population of metropolitan Phoenix, the regions history of enthusiastic support for collegiate, spring-training, and Fall League baseball, and his history of managerial success with the Suns.19 A few days later the owners awarded Arizona Baseball Inc. an expansion franchise. To pay off the deferred salaries, the Diamondbacks raised ticket prices sharply in the early 2000s and eventually traded Schilling to the Boston Red Sox in November 2003 and Johnson to the New York Yankees in December 2004 for prospects and cash. Displeasure with the direction of the franchise led to Colangelos ouster as managing general partner by the other four general partners in Arizona Baseball Inc. in August 2004. 27 Jerry Colangelos Shadow Remains Prominent Over Diamondbacks.. The. Moreover, Colangelo took on the responsibility of negotiating a public financing deal for a downtown baseball stadium. 6 Robert Barrett, Stadium Fails, Goddard Wins, Arizona Republic, October 4, 1989, A1. The Arizona Diamondbacks have had two owners and five general managers in their 20-year history. Arizona Diamondbacks principal owner Ken Kendrick sent former Arizona attorney general Grant Woods a threatening and aggressive email June 19 before Woods was fired from the Phoenix law firm . While there's no actual baseball going on because ofthe novel coronavirus pandemic, some palace intrigue within the ownership ranks of the Arizona Diamondbacks has come to light. The Legislature also authorized the county Board of Supervisors to impose a 0.25 percent sales tax to help finance construction of a baseball stadium if one of the countys municipalities was awarded a franchise.6, Stone continued to pursue a major-league team for Phoenix into the early 1990s. The attacker told the press, I shot Supervisor Mary Rose Wilcox to try to put a stop to the political dictatorship of Jerry Colangelo in pushing the baseball stadium tax. Wilcox survived the attack, which she blamed on the harsh opposition to the tax that remained a fixture of Phoenix talk radio.18. Giannis Antetokounmpo joins Kevin Durant and James Harden as owners of MLS teams Antetokounmpo is not the only NBA star getting involved in the MLS. While the limited partners might not have a vote per se on club affairs, their investment can provide important capital to the club. (Performed with evil mind is a legal term of art in Arizona; the plaintiffs are not calling Kendrick evil.). According to a 2015 study commissioned by the Diamondbacks, the franchise generated $8.2 billion in economic activity since it began in March 1998. According to USA Today's Bob Nightengale, D'Backs managing general partner Ken Kendrick is weighing the possibility of "selling a significant, but still minority share" of the team. Watch on MLB.TV or listen on At Bat Saturday as Brandon Pfaadt faces S.D., or listen to the game vs. S.F.