#Stan middleman professional
#Stan middleman tv

Gateway hasn't held a board meeting since Dec. The club, which has two more seasons on its lease, and Gateway 'are nearing an agreement on an extension,' The Athletic reported.

#Stan middleman tv

Miami-Fort Lauderdale, at nearly 1.7 million TV homes, and Denver, at almost 1.8 million, are the next-closest among the regions with teams in all three leagues.Īnother key part of The Athletic's story was the Tribe's lease with Gateway. Of the regions with an NFL, NBA and MLB team, Northeast Ohio is the smallest. The Cleveland-Akron-Canton market, with about 1.5 million TV homes, is the nation's 19th-largest, according to Nielsen.

#Stan middleman professional

The Indians reiterated that they're not leaving Cleveland, and Athletic sources wondered whether Cleveland could continue to support three major professional sports teams. The debut piece was interesting, but, aside from the news on Middleman, didn't reveal a lot of new information. The Athletic billed Monday's report on the Indians as the first in a multipart series. The Indians aren't commenting on the possibility of Middleman or another investor coming on board in the near future, but there's no doubt it's a critical step for a well-run franchise that is undergoing a name change and has a payroll that has plummeted to the lowest in baseball, at $52.8 million. In his most recent post, the CEO dished out advice to graduates. Freedom Mortgage, based in Boca Raton, Florida, features a regular blog from Middleman on its website.

Middleman is an interesting name because of his prominent profile as the owner of one of the largest originators and servicers of mortgages in the country. Their search for a minority investor has transpired as you might expect: deliberately, and very much under the radar. The Dolans are frequently criticized for not spending enough (groans that grew much softer after Sherman came aboard and ownership invested some of the proceeds into the roster) and are often complimented for the calm, competent manner in which they preside over the franchise.

The club is now run by his son, Paul, a 62-year-old Chardon native. Larry Dolan, now 90, purchased the Indians for $323 million in 2000. That's significant for a myriad of reasons, beginning with it signaling the eventual end to the Dolans' tenure as owners.

It's unclear how the talks with Middleman have progressed, The Athletic reported, and there are 'other interested suitors' in a team that Forbes estimates is worth $1.16 billion.Īs we've written, a crucial issue regarding any investor in the Indians is whether the person or group will be given what Sherman had: a chance to own a majority stake in the franchise. Stanley Middleman, who founded Freedom Mortgage in 1990, 'has discussed purchasing a minority share in the Indians,' The Athletic reported. The Indians' search for another minority partner has continued since, and on Monday, July 12, The Athletic revealed an intriguing possible suitor. When Sherman purchased the Royals for $1 billion, his stake in the Tribe was placed in a trust that has been controlled by an independent trustee. His stake, according to sources, had grown to about 30% and included a path to eventual control of the franchise. Sherman, a Kansas City entrepreneur, had been a minority investor in the Cleveland Indians for three years. It's been almost two years since it was announced that John Sherman was buying the Kansas City Royals.