Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

CEO buys into Minor League baseball team

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web

Flydaplane

Well-known member
Joined
Dec 19, 2001
Posts
232
While its not a major airline, it's nice to see airline management continue to prosper....

Rascals sold to private investment firm

St. Louis Business Journal - 4:50 PM CDT Monday

  • PS and J Professional Baseball Club LLC said Monday that it entered into an agreement to buy the River City Rascals franchise of the Frontier League from Harold Burkemper, the Rascals Managing Partner.
The Rascals play at T.R. Hughes Ballpark in O'Fallon, Mo.
[URL="http://spe.atdmt.com/ds/6AATAATRTSMB/06Q2Retail_nonexpand/06_q2_retail_nonexp_300x250.gif?spd=25&atdmt=?spd=25"]http://spe.atdmt.com/ds/6AATAATRTSMB/06Q2Retail_nonexpand/06_q2_retail_nonexp_300x250.gif?spd=25&atdmt=?spd=25[/URL] http://view.atdmt.com/jview/bzjrmsmb0010000005ata/direct;ai.13682797;vt.2/01


Steve Malliet, president and CEO of PS and J Professional Baseball, said in a statement that O'Fallon, Mo., and St. Charles County were high on the firm's list when looking at potential cities and franchises in which to invest. "We looked at several markets over the last couple of years and we liked what the city of O'Fallon and St. Charles County had to offer," he said. "The ballpark is fantastic, and will only get better with future improvements."
The principal member of PS and J Professional Baseball is Malliet, who has been a part of three new stadium startup operations in the last 11 years, according to the statement: Fox Cities Stadium in Grand Chute, Wis., in 1995; Coastal Federal Field in Myrtle Beach, S.C., in 1999; and Silver Cross Field in Joliet, Ill., in 2002.
Other members of the ownership group include Timothy Hoeksema, currently president and CEO of Midwest Airlines of Milwaukee, and Fred Stratton, chairman of Briggs and Stratton of Milwaukee.
The new owners plan to assume everyday operation of the Rascals beginning Sept. 22.
 
Last edited:

Latest resources

Back
Top