MLB to approve Moorad as CEO

azdad1978

Championship!!!!
Joined
Dec 8, 2002
Posts
14,982
Reaction score
50
Location
ordinance 2257
By Jack Magruder, Tribune

And Jeff Moorad thought some of his contract negotiations took forever.
Six months and change after being hired to become the Diamondbacks’ chief executive officer, Moorad will soon — finally — assume that role.
Moorad’s appointment is expected to receive final approval by Major League Baseball this week, several sources with knowledge of the process said.

Moorad officially could take control of the D-Backs by the opening of spring training in Tucson on Thursday, although the announcement is more likely to occur on the weekend, the sources said.

Moorad, a former power agent who counted D-Backs outfielders Luis Gonzalez and Shawn Green among his All-Star stable of clients, was named chief executive officer-elect of the franchise on Aug. 6, when the ownership group headed by Ken Kendrick took control from franchise founder and managing general partner Jerry Colangelo.

Moorad was to become CEO on Jan. 1, when Colangelo was scheduled to retire.

But after Colangelo resigned unexpectedly Sept. 1, the timetable was moved up, with Moorad scheduled to assume his new duties Oct. 15, pending major league baseball approval.

Without that approval, Moorad, also a part owner, had been in limbo, unable to fully participate in the D-Backs’ busy offseason.

Commissioner Bud Selig, who has had his hands full this offseason with the sale of his Milwaukee franchise and now the ongoing steroid controversy, must approve any CEO change, according to baseball rules.

Efforts to reach Moorad were unsuccessful. D-Backs officials were unavailable for comment.

Moorad, a graduate of UCLA and Villanova Law School, began representing baseball players in 1983 and has negotiated deals for list of clients that included such All-Stars as Manny Ramirez, Mo Vaughn and Juan Gonzalez.

Somewhat lost in the background of the 2000 winter meetings where Alex Rodriguez signed his 10-year, $252 million contract with Texas, Moorad negotiated an eight-year, $160 million deal for Ramirez with the Boston Red Sox.

Moorad and D-Backs general manager Joe Garagiola Jr. go back to the franchise’s formative years, when the two negotiated a $10 million signing bonus for Travis Lee in 1996 and a $49.5 million contract extension with Matt Williams in 1997. Moorad also represented former D-Back Gregg Olson.

http://www.eastvalleytribune.com/index.php?sty=36330
 

AZZenny

Registered User
Joined
Feb 18, 2003
Posts
9,235
Reaction score
2
Location
Cave Creek
I hope so. Moorad will be a much more palatable face for the organization than the chief nerd, who will now be able to step back into the shadows. Unless of course he's gotten a taste for the media spotlight.
 

Moose Lady

Veteran
Joined
Sep 14, 2002
Posts
129
Reaction score
0
Location
Peoria AZ
azdad1978 said:
Moorad and D-Backs general manager Joe Garagiola Jr. go back to the franchise’s formative years, when the two negotiated a $10 million signing bonus for Travis Lee in 1996 [/url]


After that wonderful "deal" I really don't want to see what other signing bonuses are in the works. :eek:
 

AZZenny

Registered User
Joined
Feb 18, 2003
Posts
9,235
Reaction score
2
Location
Cave Creek
Republic Feb. 14, 2005 12:00 AM

Diamondbacks ownership labeled a published report that Jeff Moorad will be confirmed this week by baseball Commissioner Bud Selig as the team's chief operating officer as being "premature."

"I saw it, and it's premature," said Ken Kendrick, the Diamondbacks lead general partner. "We have had discussions, but we aren't at the finish line. I would be in position to know because it's my responsibility, and no one called me to ask about it."

Moorad, a former agent, divested himself of all ties to that industry some six months ago when it was announced that he was investing in the team and would replace Jerry Colangelo as CEO on Jan. 1. But with spring training scheduled to start Thursday in Tucson for the Diamondbacks, Moorad awaits approval while the commissioner's office does its due diligence.

Kendrick said he is not in position to place a timetable on Moorad's approval to assume daily operation of the franchise.

"It's totally the commissioner's decision," he said. "We would certainly like for it to happen this week because it would be timely (with spring training opening). But the commissioner has been involved with other matters he considers a higher priority, such as the steroid issue and the Washington Nationals deal and the role it plays with the Baltimore Orioles."
 
Top