Headlines

  • Matt Carpenter Expected To Miss 6-8 Weeks With Foot Fracture
  • Tigers Fire General Manager Al Avila
  • Braves Select Top Prospect Vaughn Grissom, Activate Kirby Yates
  • 2022-23 MLB Free Agent Power Rankings: August Edition
  • Tim Anderson Out 4-6 Weeks Due To Torn Ligament In Hand
  • Blue Jays Sign Jackie Bradley Jr., Designate Matt Peacock
  • Previous
  • Next
Register
Login
  • Hoops Rumors
  • Pro Football Rumors
  • Pro Hockey Rumors

MLB Trade Rumors

  • Home
  • Teams
    • AL East
      • Baltimore Orioles
      • Boston Red Sox
      • New York Yankees
      • Tampa Bay Rays
      • Toronto Blue Jays
    • AL Central
      • Chicago White Sox
      • Cleveland Guardians
      • Detroit Tigers
      • Kansas City Royals
      • Minnesota Twins
    • AL West
      • Houston Astros
      • Los Angeles Angels
      • Oakland Athletics
      • Seattle Mariners
      • Texas Rangers
    • NL East
      • Atlanta Braves
      • Miami Marlins
      • New York Mets
      • Philadelphia Phillies
      • Washington Nationals
    • NL Central
      • Chicago Cubs
      • Cincinnati Reds
      • Milwaukee Brewers
      • Pittsburgh Pirates
      • St. Louis Cardinals
    • NL West
      • Arizona Diamondbacks
      • Colorado Rockies
      • Los Angeles Dodgers
      • San Diego Padres
      • San Francisco Giants
  • About
    • MLB Trade Rumors
    • Tim Dierkes
    • Writing team
    • Advertise
    • Archives
  • Contact
  • Tools
    • 2021-22 MLB Free Agent Tracker
    • 2021-22 MLB Free Agent List
    • 2022-23 MLB Free Agent List
    • Top 50 Free Agents
    • Projected Arbitration Salaries For 2022
    • Transaction Tracker
    • Extension Tracker
    • Arbitration Tracker
    • Agency Database
  • NBA/NFL/NHL
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors
  • App
  • Chats
Go To Pro Hockey Rumors
Go To Hoops Rumors

McLane Agrees To Sell Astros To Jim Crane

By Ben Nicholson-Smith | May 13, 2011 at 2:58pm CDT

It won't be long before the Astros have a new owner. After 19 years of ownership, Drayton McLane confirmed to Brian McTaggart of MLB.com that he has agreed to sell the Astros to a group led by Houston businessman Jim Crane. Though the sides are finalizing details and it will take weeks for MLB to approve the pending sale, McLane is confident the deal will be completed.

"We have an understanding, and Jim's an honorable person, and I am, too," McLane said. "We have an overall agreement, but things come up."

McLane had been negotiating exclusively with Crane and the sides have agreed on a price, reportedly about $680MM. McLane hopes to make an announcement by the middle of next week. Houston attorney Kenny Friedman, the father of Rays executive Andrew Friedman, also had interest in buying the Astros.

 

Share 0 Retweet 0 Send via email0

Houston Astros

Jack Of All Trades: Jose Bautista
Main
Minor Deals: Brewers, Clevlen, Alaniz, Boleska
View Comments (15)

Comments

  1. sdsuphilip

    11 years ago

     hmm

    Reply
  2. MadmanTX

    11 years ago

    Here’s hoping Crane didn’t shoot his wad just on the purchase and wont turn the team into a AAA affiliate instead of upgrading the roster.

    Reply
  3. woadude

    11 years ago

    Don’t be jealous Dodger fans, your team will be sold too, and Mets fans, your time will come too.

    Reply
    • Bryce Maddox

      11 years ago

      As a Dodger fan, I certainly hope so!

      Reply
  4. YanksFanSince78

    11 years ago

    This is so odd. Ppl always complain about the posts being dominated by the Yanks or Red  Sox and here you have an important move that will greatly affect the future for the ‘Stros and only 4 comments? Where are all the anti-McLane fans?  

    Reply
    • ellisburks

      11 years ago

      There were probably 300 comments but they were all blocked by the evil empire and sox nation! what mean people we are.

      Reply
    • Cade White

      11 years ago

      Yes, McLane was a little too involved, but his record while owning the Astros is not great, but not as bad as people think. The highs have been really high, but the lows were/are really freaking low. I’m excited about this. 

      Reply
  5. ellisburks

    11 years ago

     As for the news, I am glad that they have new owners. It would be nice to see them return to their glory years. They were fun to watch.

    Reply
  6. stroh

    11 years ago

    Most of us Astros fans are holding on our comments until we see what changes will be made.  We are just shellshocked with the turn of events over the last 5 years.   The entire management team and 90% of the roster needs to go.   If that doesn’t happen, a new owner does not mean anything. 

    Reply
    • AstrosWS20

      11 years ago

       You got that right I’m trying to keep my emotions in check until it actually happens. I’ll exploded once though, YEAAAAAAAAAAAAAAAAAAAAAH! The best thing to happen to the Astros and maybe even Houston sports in the past 6 years!

      Reply
  7. coldgoldenfalstaff

    11 years ago

    Changes have to be made.

    IMO the roster isn’t all bad, but Ed Wade and his bad FA acquisitions need to go.

    McLane was a large part of the problem. Here’s hoping Jim Crane gets it and hires top flight baseball minds and give them free rein to do their jobs without meddling.

    Reply
  8. rovert22044

    11 years ago

     As happy as I am to see the Astros being sold, I’m not TOO happy about who they sold it to. I was really wanting them to sell them to Friedmen, son of the Rays GM. Would have been nice!

    I guess we will see how Jim Crane does.

    Reply
  9. towney007

    11 years ago

     His first order of business should be finding a new GM. 

    Reply
    • rovert22044

      11 years ago

      I disagree. Ed Wade is an amazing GM; one of the best in the MLB. The reason he hasn’t been doing good is because he has been limited by McLane. Now that we have a new owner, we can start making the moves necessary and I believe Ed Wade is the best at doing that. (Referring to rebuilding a team)    

      Reply
      • coldgoldenfalstaff

        11 years ago

        Wade did do a good job rebuilding the Phillies and gets decent value in trades but his eye for free agents is awful.

        I’d rather the Astros invest more in the draft and international signings than pay a premium for questionable talents in Hall, Lyon, Matsui and Blum.

        Perhaps this is due to McLane’s philosophy/influence and he could improve with a more hands-off owner, but frankly I’d prefer to see a change here.

        Reply

Leave a Reply Cancel reply

Please login to leave a reply.
Log in Register

ad: 300x250_1_MLB

    Top Stories

    Matt Carpenter Expected To Miss 6-8 Weeks With Foot Fracture

    Tigers Fire General Manager Al Avila

    Braves Select Top Prospect Vaughn Grissom, Activate Kirby Yates

    2022-23 MLB Free Agent Power Rankings: August Edition

    Tim Anderson Out 4-6 Weeks Due To Torn Ligament In Hand

    Blue Jays Sign Jackie Bradley Jr., Designate Matt Peacock

    Chris Sale Fractures Wrist, Will Miss Remainder Of Season

    Cubs To Release Jason Heyward At End Of Season

    Cubs Claim Franmil Reyes From Guardians

    Fernando Tatis Jr. To Begin Rehab Assignment

    Rockies Claim Dinelson Lamet, Designate Ashton Goudeau

    Cubs Release Andrelton Simmons

    Alex Kirilloff To Undergo Season-Ending Surgery

    Guardians Designate Franmil Reyes For Assignment

    Justin Verlander Reaches 130 Innings Pitched, Vests 2023 Player Option

    Red Sox Release Jackie Bradley Jr.

    Phillies Release Didi Gregorius

    Vin Scully Passes Away

    Padres Acquire Juan Soto, Josh Bell; C.J. Abrams, MacKenzie Gore, Luke Voit Among Six Players Back To Nationals

    Braves To Acquire Raisel Iglesias

    Recent

    Michael Brantley Going For Second Opinion On Injured Shoulder

    Marlins Sign Josh Rogers To Minor League Contract

    MLBTR Poll: Justin Verlander’s Next Contract

    Guardians To Promote Peyton Battenfield

    Previewing Upcoming Club Option Decisions: American League

    MLBTR Chat Transcript

    Matt Carpenter Expected To Miss 6-8 Weeks With Foot Fracture

    Red Sox Notes: Paxton, Wacha, Houck, Sale

    Tigers Fire General Manager Al Avila

    Cardinals Designate T.J. McFarland For Assignment

    MLBTR Newsletter - Hot stove highlights in your inbox, five days a week

    Latest Rumors & News

    Latest Rumors & News

    • Cubs Decline To Trade Contreras, Happ
    • Giants Keep Rodon, Pederson
    Trade Rumors App for iOS and Android

    MLBTR Features

    MLBTR Features

    • Go Ad-Free
    • MLB Player Chats
    • 2021-22 MLB Free Agent Tracker
    • 2021-22 MLB Free Agent List
    • Top 50 Free Agents
    • 2022-23 MLB Free Agent List
    • Projected Arbitration Salaries For 2022
    • Transaction Tracker
    • Extension Tracker
    • Agency Database
    • MLBTR On Twitter
    • MLBTR On Facebook
    • Team Facebook Pages
    • How To Set Up Notifications For Breaking News
    • Hoops Rumors
    • Pro Football Rumors
    • Pro Hockey Rumors

    Rumors By Team

    • Angels Rumors
    • Astros Rumors
    • Athletics Rumors
    • Blue Jays Rumors
    • Braves Rumors
    • Brewers Rumors
    • Cardinals Rumors
    • Cubs Rumors
    • Diamondbacks Rumors
    • Dodgers Rumors
    • Giants Rumors
    • Guardians Rumors
    • Mariners Rumors
    • Marlins Rumors
    • Mets Rumors
    • Nationals Rumors
    • Orioles Rumors
    • Padres Rumors
    • Phillies Rumors
    • Pirates Rumors
    • Rangers Rumors
    • Rays Rumors
    • Red Sox Rumors
    • Reds Rumors
    • Rockies Rumors
    • Royals Rumors
    • Tigers Rumors
    • Twins Rumors
    • White Sox Rumors
    • Yankees Rumors

    ad: 160x600_MLB

    Navigation

    • Sitemap
    • Archives
    • Feeds by Team

    MLBTR INFO

    • Advertise
    • About
    • Commenting Policy
    • Privacy Policy

    Connect

    • Contact Us
    • Twitter
    • Facebook
    • RSS Feed

    MLB Trade Rumors is not affiliated with Major League Baseball, MLB or MLB.com

    hide arrowsFOX Sports Engage Network scroll to top
    Close

    Desktop Version | Switch To Mobile Version