We said in a story last week that Jim Crane had not met face-to-face with Commissioner Selig a second time, as CultureMap had reported. Not one, but two sources who know of the negotiations with Crane and MLB, but not allowed to speak on the record, confirmed that to be the case.

But, over the weekend, news came to light that while Crane did not meet with Selig again, he did make a trip with a lawyer to meet with league officials, a sign that the Houston businessman is edging ever closer to approval by the league’s owners in mid-Nov. A source close to Mr. Crane confirmed the trip by Crane to meet with league officials. Multiple attempts for comment by the league have gone unreturned.

If a vote to approve the $680 million sale to Crane were to take place, it will occur during the quarterly owners meetings in Milwaukee slated for Nov. 15-16. Any ownership transfer requires approval by 75% the league’s 30 owners.

MORE DETAILS AS THEY BECOME AVAILABLE

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Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey, and is a contributor to Forbes SportsMoney blog.. He is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network (select his name in the dropdown provided).

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What are they negotiating?
written by BS Detector, October 17, 2011

Given the tale you have stuck with, what could they possibly be negotiating? I mean, if MLB is primarily concerned about Crane's character, what is there to negotiate about? Is Crane going to give MLB more money to overlook his character?

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