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Associated Press
PHOENIX -- Jerry Colangelo, who brought Arizona a major league baseball franchise in 1998 and a World Series title three years later, is being forced out as chief executive officer of the Diamondbacks and will be replaced by Jeff Moorad, an agent for several top players.
Colangelo, the team's managing general partner, said Friday that after disagreements with the partnership that owns the team about the direction of the franchise, he was asked whether he would be willing to step down.
"It wasn't planned but really when you get down to it, really it was my decision to say, I'm out," he said. "You know, once you get over the initial hurt of something like that -- another expression you've heard me use is 'I'm a big boy' -- and you kind of go on with your life and this is no different."
Moorad, who represents Boston's Manny Ramirez and other top players, takes over as chief executive officer on Jan. 1 and as chairman exactly one year later. A former partner of football agent Leigh Steinberg, Moorad thanked the owners for their faith in him.
"After 20 years in the baseball industry, I have come to appreciate the qualities in an organization that can differentiate and ultimately contribute to success on the field," Moorad said. "In my opinion, there is not a better organization in sports than the Arizona Diamondbacks."
Ramirez said he talked to Moorad about the move on Thursday.
"He was so happy it was unbelievable," Ramirez said before Friday's game in Detroit. "I'm really happy for him because he's wanted to do this for a long time. He's been an agent for 20 years, so he's just going to leave another guy in the office in charge. He's going to focus on Arizona."
Because there is a change in control, the shift from Colangelo to Moorad must be approved by major league baseball. And because Moorad has had access to confidential information of the players' association, it could become a complicated change.
Moorad would not be the first agent to make the move. Dennis Gilbert, who represented Jose Canseco and Bobby Bonilla, is currently an executive with the Chicago White Sox.
The partners' revolt ended Colangelo's reign as Arizona's top sports mogul.
Colangelo said he and the partners disagreed over whether the team should continue to follow a plan formed when the team came to Arizona in 1998. While Arizona spent heavily on free agents and beat the New York Yankees in a thrilling seven-game World Series three years ago, they have cut payroll and at 35-75 have the worst record in the major leagues.
Last weekend, they declined to deal five-time Cy Young Award winner Randy Johnson, who makes $16 million annually.
Colangelo, a 64-year-old Chicago native gave up his 20 percent ownership of the NBA's Phoenix Suns on June 30 as part of a $401 million sale of the NBA team to San Diego banking executive Robert Sarver. Colangelo, who moved to Arizona 36 years ago to become the Suns' general manager, remains chairman and CEO, and his son Bryan Colangelo is the team's president.
Jerry Colangelo plans to step down from his position with the Suns in three years.
Colangelo noted he will also still have responsibilities with the Diamondbacks and major league baseball.
"I'm not going off in the sunset somewhere," he said.
PHOENIX -- Jerry Colangelo, who brought Arizona a major league baseball franchise in 1998 and a World Series title three years later, is being forced out as chief executive officer of the Diamondbacks and will be replaced by Jeff Moorad, an agent for several top players.
Colangelo, the team's managing general partner, said Friday that after disagreements with the partnership that owns the team about the direction of the franchise, he was asked whether he would be willing to step down.
"It wasn't planned but really when you get down to it, really it was my decision to say, I'm out," he said. "You know, once you get over the initial hurt of something like that -- another expression you've heard me use is 'I'm a big boy' -- and you kind of go on with your life and this is no different."
Moorad, who represents Boston's Manny Ramirez and other top players, takes over as chief executive officer on Jan. 1 and as chairman exactly one year later. A former partner of football agent Leigh Steinberg, Moorad thanked the owners for their faith in him.
"After 20 years in the baseball industry, I have come to appreciate the qualities in an organization that can differentiate and ultimately contribute to success on the field," Moorad said. "In my opinion, there is not a better organization in sports than the Arizona Diamondbacks."
Ramirez said he talked to Moorad about the move on Thursday.
"He was so happy it was unbelievable," Ramirez said before Friday's game in Detroit. "I'm really happy for him because he's wanted to do this for a long time. He's been an agent for 20 years, so he's just going to leave another guy in the office in charge. He's going to focus on Arizona."
Because there is a change in control, the shift from Colangelo to Moorad must be approved by major league baseball. And because Moorad has had access to confidential information of the players' association, it could become a complicated change.
Moorad would not be the first agent to make the move. Dennis Gilbert, who represented Jose Canseco and Bobby Bonilla, is currently an executive with the Chicago White Sox.
The partners' revolt ended Colangelo's reign as Arizona's top sports mogul.
Colangelo said he and the partners disagreed over whether the team should continue to follow a plan formed when the team came to Arizona in 1998. While Arizona spent heavily on free agents and beat the New York Yankees in a thrilling seven-game World Series three years ago, they have cut payroll and at 35-75 have the worst record in the major leagues.
Last weekend, they declined to deal five-time Cy Young Award winner Randy Johnson, who makes $16 million annually.
Colangelo, a 64-year-old Chicago native gave up his 20 percent ownership of the NBA's Phoenix Suns on June 30 as part of a $401 million sale of the NBA team to San Diego banking executive Robert Sarver. Colangelo, who moved to Arizona 36 years ago to become the Suns' general manager, remains chairman and CEO, and his son Bryan Colangelo is the team's president.
Jerry Colangelo plans to step down from his position with the Suns in three years.
Colangelo noted he will also still have responsibilities with the Diamondbacks and major league baseball.
"I'm not going off in the sunset somewhere," he said.