Exclusive: Cal Ripken looks to sell majority stake in Aberdeen IronBirds

Cal Ripken Jr. is in early talks to sell a majority stake in the Aberdeen IronBirds, the popular minor-league franchise the Hall of Famer has owned in his hometown since 2002. The move is a continuation of a plan by Ripken Baseball — headed by Cal and brother Bill — to divest its interest in minor-league teams and focus on growing its youth baseball business, said John Maroon, a spokesman for Ripken. At one time Ripken owned three minor-league clubs, but since 2013 has sold the Augusta (Ga.)…

from http://www.bizjournals.com/baltimore/news/2016/09/23/exclusive-cal-ripken-looks-to-sell-majority-stake.html?ana=RSS%26s=article_search
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