Current Astros Owner Sues...Former Astros Owner

11/22/13 in MLB   |   HouTxFan   |   5303 respect

FanIQ | Sports Rumors, Gossip, Blogs, News & Discussion ForumsAs if things haven’t been bad enough in the Land of My AstrOs, there are now some serious allegations by current Astros owner Jim Crane against former Astros owner Drayton McLane that will play out in state court.  Crane filed suit Thursday afternoon accusing McLane, Comcast and NBC Universal of fraud and negligent misrepresentation and McLane’s corporation that owned the Astros of breach of contract. 
The dispute involves the sale of McLane’s share in CSN Houston, an ill-fated regional sports network partnership between Comcast/NBC Sports Group, the Houston Astros, and the Houston Rockets.  So far, the bickering between the parties has limited viewership of the two teams to approximately 40% of Houston and surrounding areas, which has severely curtailed the network’s revenue.  Crane is seeking repayment of losses, undetermined damages, exemplary damages, interest and attorneys’ fees.
This statement from the suit gives Astros fans little reason for cheer any time soon.
“Ultimately, fans of the Houston Astros have been injured because defendants’ misrepresentations leave (Crane) with an impossible choice: either accept the broken network as is and deprive thousands of fans the ability to watch Houston Astros games on their televisions, or distribute the game at market rates and take massive losses out of the Houston Astros player payroll – thereby dooming the franchise for years to come.”
Earlier Thursday, at a status hearing regarding CSN Houston before a U.S. bankruptcy judge, Houston Rockets owner Leslie Alexander expressed an interest in purchasing the 68% of the struggling regional sports network that he doesn’t currently own.  The Rockets are the only entity in the current partnership that the Astros didn’t file suit against, so perhaps the two team owners will be able to work out an acceptable agreement that will eventually make Rockets games available to all interested fans in the region.  As for Astros fans, they may be stuck watching Crane and McLane battling it out in court.
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11/22/13   |   HouTxFan   |   5303 respect

ms_hippie_queen wrote:
this scares me. 

It'll be interesting, for sure.  Kinda feels like new stepdaddy Crane is duking it out with ol' Uncle Drayton at the family reunion, and rich cousin Les Alexander is trying to soothe everyone's feelings with some cold hard cash.

11/22/13   |   ms_hippie_queen   |   30464 respect

this scares me.