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Rays Purchase Ownership Equity in Florida UFL Franchise PDF Print E-mail
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Written by Maury Brown   
Wednesday, 12 August 2009 23:05

Florida Tuskers

Rays

The Tampa Bay Rays have purchased an
interest in the Florida Tuskers, one of the
new teams within the upstart United Football
League

Are you ready for some football... at Tropicana Field?

The Tampa Bay Rays have agreed in principle to acquire an interest in the upstart United Football League's Florida franchise, unveiled today as the Florida Tuskers.

(See uniforms and logos for the new Florida franchise on The Biz of Football)

Michael Kalt, Tampa Bay Rays' Senior Vice President of Development and Business Affairs, was in attendance today at the announcement, along with Florida Tuskers Head Coach Jim Haslett.

UFL Commissioner Huyghue also announced that the Tuskers' game against the Las Vegas Locomotives on October 30th will be played at Tropicana Field. The Tuskers will be based in Orlando, a market that the Rays have been looking to tap into.

According the St. Petersburg Times, "the Rays' investment, believed to be less than $2 million" and the the Rays say it will not impact baseball operations.

As to whether there is any thought as to conflict of interest, or rules being broken based on cross-ownership, it is something done often within MLB.

"Cross-ownership is allowed and we currently have it with three teams (White Sox/Bulls, Tigers/Red Wings, Rangers/Stars) with professional sports and the Fenway Group, and Moorad (Padres) with auto racing," Major League Baseball spokesman Pat Courtney said. "We don't foresee any issues and will work with the Rays on anything that arises."


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network (select his name in the dropdown provided).

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