Cardinals drop plans to buy Triple-A team
ST. LOUIS — The St. Louis Cardinals drop plans to purchase their top minor-league affiliate in Memphis, blaming the sour economy.
The Cardinals renewed a four-year agreement in September keeping the Redbirds as the Triple-A affiliate.
At the same time, they announced plans to buy the team from the not-for-profit Memphis Redbirds Baseball Foundation. The foundation was informed in a letter late last month that the deal was off.
Redbirds president of business operations Bill Harter says the Cardinals cited the economic downturn and uncertainties about how the economy will impact baseball. The Cardinals did not immediately return phone calls seeking comment.
Harter calls the decision disappointing but says it does not affect the relationship between the Redbirds and the Cardinals.
Comments
- Michigan didn't keep players logs 2:47 p.m.
- Barzee to plead guilty 2:47 p.m.
- Censors block call to free the Web 2:46 p.m.
- Vonage to settle investigation 2:43 p.m.
- Accused celeb burglar pleads 2:42 p.m.
- Palin's memoir mostly tame 2:41 p.m.
- Pratts shopping own reality show 2:35 p.m.
- Post office was $3.8B in the red 2:34 p.m.
- Stocks jump as retail sales rebound 2:33 p.m.
- Schwarzenegger visits troops 2:32 p.m.
- MWC expand? Get rid of deadweight
- Relieved Cougs prep for Falcons
- Wounded Utes limp home
- Jazz rookies had to grow up quickly
- Apostle's wife felt comfort in attack
- TCU stays 4th in AP; Y. 19th, U. 23rd
- Big games keep UHSAA coffers full
- Win in New Mexico good for Y?
- RSL surprised by Chicago's Fire
- Bennett at center of GOP storm
- TCU creams U.
233 - BYU happy to escape with victory232
- Editorial: Mormons and gay rights219
- Will state consider gay rights law?156
- RSL heads to MLS title game131
- Can BYU root for (ick) Utah Utes?131
- Utes remain silent about BCS120
- TCU stays 4th in AP; Y. 19th, U. 23rd112
- Celtics crush Jazz104
- 5A: Bingham rolls to title game94
This sums up the Cougars this year for me: They are a Jekyll and Hyde...
Starting defensive end Derrick Shelby, a sophomore, will miss the rest...
Latest comments
my heart goes out to the father because i have been keeping up with this case...
"UNLV has always been borderline in FOOTBALL...." If, by borderline, you...
this is the dumbest article written in a long time. why not expand by...
to - Monsieur le prof | 1:44 p.m ["I'm sure thanking the Lord for one's...
Now SLC Rocky Anderson has turned SLC into the Mecca for bar hopping. That's...
Michael Ash, It would be interesting to hear about what the symbols mean...
to Anonymous and Marnie You both are mis-informed. People do not sue...
Faulk should of should of got 3 yards then there would never been a question...
'Given the dynamics of the closet factor, certain numbers are impossible to...
Agree completely. "No, a community wasn't stuck on the mountain, but a...
You can be the first to comment on this story.