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Wiretap: Peter Magowan to step down
Posted: Wed May 14, 2008 8:46 pm
by GS Warriors 1
San Francisco - Peter Magowan, managing partner of the San Francisco Giants, is expected to step down on Friday, according to sources that spoke with the San Francisco Chronicle.
His ownership shares, estimated to be worth well over $70 million, could be offered to fellow partners. The team overall is valued in excess of $500 million.
Posted: Wed May 14, 2008 10:43 pm
by Hopper15
Trying to have a legacy without the Zito debacle on his head. Can't say I blame him, but it's probably too late for that.
Posted: Wed May 14, 2008 10:53 pm
by opzoneworld
I am 100% ok with this. He played too big a role. Let the GM do his job and you do yours. Hopefully the person who takes his place lets the baseball people run the baseball side of things.