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 Crane to receive $70-million discount for Astros’ switch to American League

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YoungstownRenegade
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PostSubject: Crane to receive $70-million discount for Astros’ switch to American League   Wed Nov 16, 2011 10:38 am

MILWAUKEE — Jim Crane will receive a $70 million discount off his $680 million purchase price in exchange for moving the Astros to the American League in 2013, according to a Major League Baseball official with direct knowledge of the negotiations.

Astros owner Drayton McLane will contribute $35 million of the $70 million, the official said, with the remaining $35 million coming from Major League Baseball.

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Crane to receive $70-million discount for Astros’ switch to American League
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