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Smulyan Can Wait: MLB Delays Nats Sale
November 10, 2005 at 7:06 AM (PT)
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The group headed by EMMIS' JEFF SMULYAN will have to wait to see if it will be chosen by MAJOR LEAGUE BASEBALL as the new owners of the WASHINGTON NATIONALS, as MLB Commissioner BUD SELIG announces that there will not be a vote on the sale of the team at the owners' meeting next week in MILWAUKEE.
SMULYAN's group, which includes investments from EMMIS and RADIO ONE, is one of eight potential bidders for the former MONTREAL EXPOS, who are owned by the other 29 teams; SELIG says he has interviewed representatives from five of the bidders and the others "certainly deserve one interview... I have three to go, and I'm trying to do those as quickly as possible."
MLB had indicated earlier this year that a decision was expected by SEPTEMBER, but a deal is now considered unlikely to be completed before the team completes negotiations for a lease on the proposed new stadium in SOUTHEAST WASHINGTON.