Lucchino: Red Sox Not For Sale

The owners of the Red Sox are considering selling the team and have quietly started shopping it to possible buyers, Charlie Gasparino of the FOX Business Network reports. However, Red Sox president and CEO Larry Lucchino said on WEEI’s Dennis & Callahan Show said the team’s owners are not contemplating a sale.

"Nonsense," Lucchino said (transcript via Kirk Minihane of WEEI). "As I said, they feel the same kind of competitive juices that the fans feel, that I feel. There's an opportunity here to put the team back on the track it was on for a decade. … There has not been one word, one word of discussion regarding that. We are committed, better or worse."

The Red Sox would be seeking $1.3 billion for the team, according to Gasparino’s sources. The Padres recently sold for $800MM and Dodgers recently sold for a record $2 billion. In that context it'd be surprising if the Red Sox didn't seek to match the Dodgers' sale price of $2 billion. A group led by John Henry & Tom Werner has owned the Red Sox since 2001.


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