BlueSox majority owner assume total control of team
The Prospect League on Tuesday approved a bid of $40,000 from the majority owners of the Butler BlueSox to buy the remaining stake in the team from the city’s redevelopment authority,
The $40,000 offer was less than the $60,000 U.S. Rep. Mike Kelly offered for the same percentage of team ownership in December. Kelly, R-Butler County, withdrew his offer last month without explaining why.
City officials are pleased with the deal with the Prospect League, a collegiate summer baseball league currently composed of 12 teams competing in a seven-state region.
“It is good that the team is locally owned. There’s now very little chance of the team leaving town,” said Butler Mayor Tom Donaldson.
The purchase helps cut some of the debt of the City of Butler’s stadium authority, a subsidiary of the city redevelopment authority, which is broke and owes at least $1.6 million to banks and $800,000 to bondholders who helped finance the 2008 renovation of the BlueSox’s stadium.
The team’s upcoming season is the first year under a 10-year lease entered into between the stadium authority and the BlueSox, owned by a group of Butler area businessmen operating as Perfect Game LLC.
“With the Prospect League possibly entering new markets in 2016, we are confident the BlueSox will gain more regional support to enable us to continue presenting a high quality, yet affordable, baseball experience for our fans,” said William Robinson Jr., a Butler lawyer and managing partner of Perfect Game.
Rick Wills is a staff writer for Trib Total Media. He can be reached at 412-320-7944 or email@example.com.