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Political Cartoons View All 1171 ImagesHere is some of the history, process and cost when it comes to MLB expansion. In 1977, MLB went to 26 teams, adding the Seattle Mariners and Toronto Blue Jays. For a reference point, the move to 30 teams started with the formation of an MLB expansion committee in March 1994. The Diamondbacks and Rays both paid $130 million to enter MLB in 1998 while the Marlins and Rockies paid $95 million in 1993. Back in 1977, the Blue Jays ($7 million) and Mariners ($6.5 million) paid even less.
Persons: , Rob Manfred, he's, isn't, Jim Bouton's, Manfred, Ronald Blum, ___ Organizations: Tampa Bay Rays, MLB, Rays, Oakland Athletics, Las Vegas, Arizona Diamondbacks, Tampa Bay Devil Rays, Negro Leagues, League —, American League, Washington Senators, Minnesota Twins, Senators, Los Angeles Angels, National League, New York Mets, Houston Colt, Seattle Pilots, Kansas City Royals, San Diego Padres, Montreal Expos, NL, The Pilots, Seattle Mariners, Toronto Blue Jays, Colorado Rockies, Florida Marlins, Charlotte, Expos, Vegas Golden Knights, NHL, NBA, Charlotte Bobcats, NFL, Houston Texans, Diamondbacks, Marlins, Rockies, Blue Jays, Mariners, AP Locations: St . Petersburg, Florida, Las, Washington, Milwaukee, — Orlando , Florida, Phoenix, St, Petersburg , Florida, Northern Virginia, Petersburg, Charlotte, North Carolina, Nashville , Tennessee, Portland , Oregon, Montreal, Nashville, Portland, Salt Lake City, Austin , Texas
Michael Jordan has agreed to sell his majority stake in his NBA team the Charlotte Hornets. The Hornets are valued at $3 billion, per ESPN — more than 10 times the sum Jordan paid in 2010. Michael Jordan could bag a billion-dollar windfall after he agreed to sell his NBA team for what's likely be a huge premium on the price he paid 13 years ago. Jordan previously sold a minority stake in the Hornets to Plotkin, who is the founder of investment firm Tallwoods Capital, and Daniel Sundheim in 2019. Rapper J. Cole is also part of the group that will buy Jordan's majority stake, the Hornets said.
Persons: Michael Jordan, Gabe Plotkin, Rick Schnall, Jordan, Plotkin, Daniel Sundheim, J, Cole, Schnall, He'll, Air Jordan Organizations: NBA, Charlotte Hornets, Hornets, ESPN, Morning, Tallwoods Capital, Charlotte Bobcats, Atlanta Hawks NBA, Nike, Air, Forbes Locations: Forbes
Andrew D. Bernstein/NBAE/Getty Images Jordan poses for a Little League Baseball photo in the late 1970s. Ken Levine/Getty Images Jordan famously shrugs his shoulders after hitting another 3-pointer during the 1992 NBA Finals versus Portland. "There is a reason you call someone the Michael Jordan of ... neurosurgery, or the Michael Jordan of rabbis, or the Michael Jordan of outrigger canoeing. Chip Somodevilla/Getty Images Jordan continues to promote Nike's Jordan Brand across the world. Jordan Brand/Getty Images Jordan cries at the Kobe Bryant memorial in Los Angeles in February 2020.
Silas, whose son, Stephen Silas, is coach of the Houston Rockets, was 79. “We mourn the passing of former NBA All-Star and head coach Paul Silas,” NBA Commissioner Adam Silver said. “Paul’s lasting contributions to the game are seen through the many players and coaches he inspired, including his son, Rockets head coach Stephen Silas. “I coached LeBron for two years, his first two years, and LeBron was unbelievable,” Paul Silas said. “I am deeply saddened to hear of the passing of Creighton legend Paul Silas,” Bluejays coach Greg McDermott said.
CNN —Former NBA All-Star and longtime head coach Paul Silas has died at the of age 79, the league announced Sunday. “We mourn the passing of former NBA All-Star and head coach Paul Silas. Paul’s lasting contributions to the game are seen through the many players and coaches he inspired, including his son, Rockets head coach Stephen Silas. We send our deepest condolences to Paul’s family,” NBA commissioner Adam Silver said in a statement Sunday. “The Fertitta Family and the Rockets organization are deeply saddened by the passing of Paul Silas, father of Rockets head coach Stephen Silas,” the Rockets said in a statement Sunday.
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