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Conflict of Interest? In MLB?

OAFC BBS - All Topics: Archive: Conflict of Interest? In MLB?
Top of pagePrevious messageNext messageBottom of pageLink to this message   By chris_d on Friday, December 10, 2004 - 11:19 am:
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A company with close ties to Chicago White Sox owner Jerry Reinsdorf, the chief negotiator in the deal that brought baseball to Washington, is a leading candidate for a multimillion-dollar contract to help plan the District's proposed stadium.

Reinsdorf's son Michael is the managing director and co-founder of International Facilities Group, a consulting firm started in 1995 to "provide development and management services to municipalities and professional sports owners," according to the company's Web site. ...

As part of the $440 million (stadium) cost, the pact calls for the city to pay an estimated $3.7 million for baseball's consultant on the stadium, also known as the team representative.

... Some District leaders, who learned yesterday of Michael Reinsdorf's potential involvement in the new stadium, wondered why the city should pay for a team representative. They said if IFG wins the contract, the involvement of both Reinsdorfs is a potential conflict of interest. Jerry Reinsdorf was head of baseball's relocation subcommittee centering on the Washington region.

"That's absolutely worrying," said D.C. Council member Adrian M. Fenty (D-Ward 4), who opposes the stadium deal. "Jerry Reinsdorf is an extremely wealthy businessperson only interested in making money. The fact that we somehow are preparing to possibly hire one of his family members makes the deal that much more bothersome and troubling."

Top of pagePrevious messageNext messageBottom of pageLink to this message   By eyleenn on Friday, December 10, 2004 - 05:29 pm:

Conflict of interest??? In MLB???

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