Larry Dolan agrees to buy the Cleveland Indians from Richard Jacobs for $320 million. The sale is subject to approval by major league owners. If approved, the deal will be a record for a baseball franchise. The O’Malley family sold the Dodgers to the FOX division of Rupert Murdoch’s News Corporation for $311 million in 1998.

This Day In Baseball

On November 4, 1999 — Larry Dolan agrees to buy the Cleveland Indians from Richard Jacobs for $320 million. The sale is subject to approval by major league owners. If approved, the deal will be a record for a baseball franchise. The O’Malley family sold the Dodgers to the FOX division of Rupert Murdoch’s News Corporation for $311 million in 1998.

 

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Sources:
Baseball Reference November 4
National Pastime November 4
Retro Sheet
Hall of Fame
SABR Games Project