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So the Astros are suing former owner Drayton McClane
Posted on 11/22/13 at 12:49 am
Posted on 11/22/13 at 12:49 am
Things are sure going great in H-town. Many of you know that the Astros RSN has failed miserably and has been forced into involuntarily bankruptcy. Well now Jim Crane has filed suit with the McClane Co. on the basis of fraud. The suit basically states that when Crane bought the club, one of the assets included in the price was McClanes ownership share of CSN-Houston. Crane says McClane knowingly misrepresented subscription rates in order to drive up the price.
LINK
Great time to be an Astros fan!
LINK
Great time to be an Astros fan!
4
Posted on 11/22/13 at 12:52 am to Lsuhoohoo
quote:
Things are sure going great in H-town. Many of you know that the Astros RSN has failed miserably and has been forced into involuntarily bankruptcy. Well now Jim Crane has filed suit with the McClane Co. on the basis of fraud. The suit basically states that when Crane bought the club, one of the assets included in the price was McClanes ownership share of CSN-Houston. Crane says McClane knowingly misrepresented subscription rates in order to drive up the price.
LINK
Great time to be an Astros fan!
I am an Astros fan, but IDGAF about them being on CSN as much as the Rockets. Astros are years away from being competitive, therefore I can wait until a deal gets done. The Rockets on the other hand need to get their shite together and kick CSN to the curb and let the people watch.
Posted on 11/22/13 at 7:29 am to tiggerthetooth
Astros are the most profitable team in baseball. See the Forbes article - too lazy to link. For Crane to do this...wow. Screw the Astros.
Posted on 11/22/13 at 7:41 am to Captain Want
(no message)
This post was edited on 3/30/23 at 2:07 pm
Posted on 11/22/13 at 8:25 am to Captain Want
No...they're not. That Forbes article was 12 kinds of wrong.
Posted on 11/22/13 at 8:33 am to Captain Want
quote:
Astros are the most profitable team in baseball. See the Forbes article - too lazy to link. For Crane to do this...wow. Screw the Astros.
lol
Posted on 11/22/13 at 8:58 am to Lsuhoohoo
HOLDY SHITE! this is actually pretty big news
Posted on 11/22/13 at 9:04 am to Tiger Ryno
quote:
HOLDY SHITE! this is actually pretty big news
I know I'm in the minority here, especially amongst Astros fans, but I'm glad he's doing this.
I read on TCB yesterday that these cable companies just aren't going to budge. All the while, CSN is signing other clubs left and right.
Just seems like something is amiss here.
As for McClane, he wanted out. He drove the entire club into the ground and sold it for as much as possible and quick as possible. frick that old man. He's the reason we're having to endure all of this mess, IMO.
Posted on 11/22/13 at 9:12 am to Prominentwon
I agree. for someone who claims to be such a big Christian he sure seems like a shister on the business side of things. He really set the franchise back at least a decade with his mismanagement of the team after 2002. he literally stopped caring about the farm system at all after they moved into the new stadium. I hope Crane wins the suit but it is going to be a long drawn out deal.
Posted on 11/22/13 at 10:53 am to Tiger Ryno
Crane is having a press conference at 1:00 this afternoon. I'm sure there won't be much information shared that we don't already know.
Posted on 11/22/13 at 11:01 am to Lsuhoohoo
Interesting because Drayton McLane was the primary donor for Baylor's stadium project. That money came directly from the sale of the Astros and was given as a way to lighten his tax burden.
Posted on 11/22/13 at 12:21 pm to TheRookbird
I have cox and even though they suck it pissed me off when they changed from FSN-houston.
Posted on 11/22/13 at 12:49 pm to Lsuhoohoo
Drayton deserves this IMO. He is the main one responsible for running this franchise into the ground
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