Baseball fans have a simple faith: they worship winners. They also deem it their solemn duty to give advice to losers. In Chicago last week, looking at the American League statistics, Investor Arnold Johnson found the Philadelphia Athletics limping along with one foot in the cellar, and was ready to give them the word. "Nothing wrong that a few million dollars won't cure," said Johnson, vice chairman of Automatic Canteen Co. of America. His proposal: shift the franchise to Kansas City, Mo., where Johnson happens to own the only big baseball stadium in town. He is willing to pay $4,500,000 for...
To continue reading:
or
Log-In
