Thursday, May 26, 2005

Powell To Own Nationals?



Former Secretary of State Colin Powell had joined one of nine bidding groups to buy the Washington Nationals.

The group, led by Fred Malek and Jeff Zients, includes former Fannie Mae chairman Franklin Raines, America Online founding CEO James Kimsey, lawyer Vernon Jordan and former Washington Redskins player Darrell Green.

Each group paid $100,000 deposits to enter the bidding.

''I'm encouraged by baseball's efforts to diversify its ranks and its reach, and the Washington Baseball Club shares that commitment to making this team accessible to every Washingtonian,'' he said.

At this point, the Nationals could certainly use some luck. Last night Cincinatti beat them 12-3.

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