[2] Larry Dolan Talks About Buying Cleveland Indians.CLEVELAND--(BW SportsWire)--Nov. 4, 1999-- The following statement was issued today by Larry Dolan Lawrence J. "Larry" Dolan (born February 8, 1931, Cleveland Heights, Ohio) is an attorney and owner of the Cleveland Indians. Dolan received a Catholic education at St. Ignatius High School and got his law degree from University of Notre Dame in 1956. at a Cleveland Indians  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. press conference. Dolan has signed an agreement to buy
the team.
"Our family is both pleased and excited about owning the Indians INDIANS. The aborigines of this country are so called. 2. In general, Indians have no political rights in the United States; they cannot vote at the general elections for officers, nor hold office. . "I want to start my brief remarks today by directing some comments to all of you here from the media. In the last couple of years, I have come to know many of you. I regret very much that I have not been able to respond to your recent inquiries. I appreciate your interest, but as you might suspect, the confidentiality agreement we signed as a prospective purchaser of the Indians prohibited pro·hib·it tr.v. pro·hib·it·ed, pro·hib·it·ing, pro·hib·its 1. To forbid by authority: Smoking is prohibited in most theaters. See Synonyms at forbid. 2. public comments. "As you know from the press release issued earlier today, there are still several steps in the Indians transaction process that must be completed. Until the process is completed, it is not going to be appropriate for me to answer many of the questions you will likely have about the future. I know that Indians fans and members of the media have lots of questions on different team issues. Realistically, I will not be in a position to answer all those questions for some time. Simply put, I am not the owner yet. "What I do want to promise all of you here this morning is that for the long term I will respect fans' right to know and the media's right to ask. Over time, I am committed to having an organization that will communicate with our fans and the media in an open and honest way. So, thank you for your patience so far. Please bear with me a little longer. "Having said that, I think it is helpful at the outset to clarify one thing about my pending ownership. There has been a lot of speculation and misunderstanding about that, and it is important to clear it up right away. I will be the CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . I will control 100 percent of the voting rights Voting rights The right to vote on matters that are put to a vote of security holders. For example the right to vote for directors. voting rights The type of voting and the amount of control held by the owners of a class of stock. . The balance of ownership will be held by Dolan family trusts. My brother Charles will not be involved in the ownership of the team or in these family trusts in any way. Cablevision is not involved in the ownership either. "Let me shift gears and tell you how I feel this morning. Ownership of this team is a great honor As a verb, to accept a bill of exchange, or to pay a note, check, or accepted bill, at maturity. To pay or to accept and pay, or, where a credit so engages, to purchase or discount a draft complying with the terms of the draft. , but it is also an incredible responsibility. There is a proud legacy here, and there has been for many, many decades. Dick Jacobs For the real estate developer and former Cleveland Indians owner, see . Dick Jacobs (29 March 1918 - 20 May 1988) was a musician, conductor, arranger, orchestrator, music director and an artists-and-repertoire director for several record labels (Coral, Decca, Brunswick and and his organization have developed and operated an outstanding franchise. I am honored hon·or n. 1. High respect, as that shown for special merit; esteem: the honor shown to a Nobel laureate. 2. a. Good name; reputation. b. to follow in Dick's footsteps and in those of others who preceded him. "Assuming that this transaction is successfully completed, my goals will be: -- a team that consistently gets into the playoffs, and one that can win the World Series. -- an organization that is strongly connected to its fans and which is a contributing member of this community. -- an ownership that helps players and front office personnel excel in a "family-like" environment. "How we accomplish those goals is yet to be determined. However, one of the things that attracted me to this opportunity was my strong belief that the Indians organization is one of the very best in baseball, both in the front office and on the field. Dick Jacobs and I are committed to working together on a smooth transition over the coming months. That's very important, because there is a baseball team to be run while this process is finalized See finalization. . "Once the transaction has closed, I look forward to working with John Hart
John Hart (about 1711 or 1713–May 11, 1779), was a signer of the United States Declaration of Independence as a representative of New Jersey. , Dennis Lehman and their staffs. My general approach will be to have baseball experts run our baseball business and to listen to their opinions about what they believe must be done to reach our goals for success. "Let me close by saying that I hope all fans of the Cleveland Indians join me in thanking Dick Jacobs for being a great owner. We all owe a vote of thanks to Dick Jacobs, not only for what he has done with the Indians, but for all he has done for our community. "Cleveland has the best baseball fans in America, and I will never take them for granted. We will always strive to put a competitive product on the field. "Again, thank you very much for both your interest as well as your understanding of why I will be somewhat limited in terms of what I will be able to answer at this time." |
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