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Bidders Submit Offers for Boston Red Sox.

The Boston Globe (Boston, MA)

| November 30, 2001 | COPYRIGHT 2001 The Boston Globe. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Meg Vaillancourt

Nov. 30--At least six groups submitted bids yesterday to buy the Boston Red Sox, in the final phase of the yearlong effort to sell the team.

None of the bidders would disclose how much they had offered for a package that includes the Yawkey Trust's 53 percent majority stake in the team, its controlling interest in New England Sports Network, and the land in and around Fenway Park.

Facing a deadline of noon yesterday, the groups submitted the bids at the downtown Boston offices of Bingham Dana, the team's law firm.

Only Red Sox chief John Harrington and lawyer Justin Morreale, a longtime team adviser, were present when the bids were opened, according to executives involved in the sales process.

Harrington and Morreale declined to comment about the number of bids filed, the range of the bids, or the timetable for choosing a new owner.

The executives, however, said that it could be a week or more before Harrington announces the winner.

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