XM MLB Chat

Saturday, December 03, 2005

"Nationals Ballpark Lease in 9th Inning"

Now they're coming up with a crazy bond issue idea as Nationals fans wait in the bottom of the 9th, with DC city council members changing positions. They are scheduled to vote on the idea on December 20th, & if approved, they have to sell almost $300 million in bonds in a period of a few days. Some additional financing would come from Deutsche Bank, which would receive media or stadium revenue in exchange. I'm curious as to the bank balance of MLB itself. Who actually checks up on what MLB does?

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