According to Bloomberg, interested bidders include New York investment banking company Great Court Capital and former US Olympic Committee chief Harvey Schiller, but McLane believes there is “probably less than a 50-50 chance” a deal will go through.
“From time to time people come to us, and they asked, ‘If we can raise a certain amount of money, would you be interested in selling the Houston Astros?’ And I said, ‘Sure,’” McLane told MLB.com. “We gave them an exclusive window.”
McLane bought the Astros for $117 million in 1993. The franchise has reached the playoffs six times since that date and was estimated to be worth $445 million last year by Forbes.
