Well, it looks like the sale of the Braves to Liberty Media is finally going to happen. This Wall Street Journal story (sub. required, I can email it to you if you want to read it), provides the most detail I’ve seen. Time Warner gets a bunch of their stock back while Liberty Media gets the Braves, a ton of cash and a craft magazine business.
Now things are in MLB’s court, although you’d hope they’d be looking to complete this as quickly as possible. Liberty has said that they plan on keeping the front office intact, but we’ll see it when we believe it. They’ve also said they’d loosen the wallet, but that’s too late for 2007.
