Friday, December 23, 2011
WHO do you think?
Trinity Vision Partners Llc.
WHO are THEY??
Read the article in the Fort Worth Star-Telegram. And check out what the Dallas Observer had to say. Yeah, Dallas is watching too.
We 'll hold off on saying, we told you so.
Owner Carl Bell has agreed to sell the baseball team to a group led by John Bryant and Byron Pierce, co-founders of United League Baseball.
The Cats will be the fifth independent team owned by Bryant and Pierce. Former Texas Rangers President Mike Stone is also part of the ownership group, Trinity Vision Partners Llc., and will be the team's chairman.
Financial terms were not disclosed, although Bell said he did not profit from the sale. The costs of independent teams vary depending on financial conditions, attendance and other factors.LaGrave Reconstruction Co., which Bell runs, still owns LaGrave Field and the surrounding 131/2 acres.
Bell felt that the proper business decision was to split the two entities. Most professional teams are tenants of the stadiums they play in, and the Cats have a 20-year lease at LaGrave.
That said, "I really don't care who our landlord is," Stone says. "We have a 20-year lease. We bought the Cats, the property, the right to do business as the Cats, and that's what crucial to us." When it comes to the land, he explains, "It's a complicated process, a complicated transaction. The Tarrant Regional Water District is involved. Carl is involved. Amegy Bank is involved. We're involved. The bottom line is we end up owning the Cats and the right to play ball as the Cats."