Friday, February 27, 2009

New Nashville Sounds Owners Receive Final League Approvals

NASHVILLE, Tenn. – MFP Baseball is the official owner of the Nashville Sounds AAA baseball franchise today following approvals of a purchase agreement by the Pacific Coast League and Minor League Baseball, and review by Major League Baseball.

MFP Baseball partners Masahiro Honzawa, Steve Posner and Frank Ward have been seeking this final approval since reaching an agreement to purchase the team in October. The leagues’ approvals hinged on an extensive application and background check process.

“We are looking forward to the 2009 season as the new owners of this great franchise,” Ward said of the approval. “Nashville has a great baseball tradition, and our goal as owners of the team is to continue that tradition and gain the support of our loyal fans and the business community. We hope our work will spur ticket sales.”

The new ownership group has spent the past several months planning and investing in upgrades to 30-year-old Greer Stadium. The improvements include repairs or upgrades to restrooms, concession stands, the scoreboard, the sound system and damaged seats. MFP has also agreed to address some safety and handicap-access issues during construction, and it is re-painting the entire stadium.

MFP was granted a lease extension from Metro Government for Greer Stadium in December that allowed it to continue to make improvements. More than $2 million will go into upgrades at Greer.

Posner, Ward and Honzawa are working with and will continue to hire Nashville professionals to oversee accounting, banking, legal and other services required by the baseball operation.

The 2009 season begins at home on April 9 against the New Orleans Zephyrs. This game will mark the opening of the Sounds’ 32rd season of competition at Greer Stadium and its fifth season as an affiliate of the Milwaukee Brewers.

1 comment:

Purdy said...

So glad this is al "final" was by th stadium yesterday and it looks GREAT! Thanks for helping us keep baseball in Nashville! Can't wait for opening day!