Truth & Rumors > MLB

Red Sox owner buys Boston Globe

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02:22 PM ET 08.03 | John Henry, the owner of the Boston Red Sox, has come to an agreement with The New York Times Co. to buy the Boston Globe for $70 million. Inside of this deal, the Globe said that Henry would be receiving rights to the newspaper, as well as the website and other affiliated companies. About four years ago, the Boston Globe was removed from market following an offer, but now they have officially gone back on and have found a buyer. Back then, the CEO of The Times said that the sale of the Boston Globe would be able to benefit the continuing growth of the New York Times.

FanSided.com

John Henry, Getty Images John Henry, Getty Images
August 4, 2013  09:25 AM ET

"The Globe???s sports reporting and commentary is the gold standard in the industry."


Well, that explains everything. Time to invest in silver.

August 4, 2013  09:26 AM ET

Does this mean that Dan Shaughnessy will have to write only nice things about the Sox?

August 4, 2013  09:27 AM ET
QUOTE(#1):

"The Globe???s sports reporting and commentary is the gold standard in the industry."Well, that explains everything. Time to invest in silver.

If that's the gold standard, the entire industry is doomed.

August 4, 2013  09:34 AM ET
QUOTE(#2):

Does this mean that Dan Shaughnessy will have to write only nice things about the Sox?

No, just about their owner.

August 4, 2013  11:37 AM ET

Now I can control The Drugs, The Airways, The Newspaper, The Ticket Prices, The Concessions, and the price of Parking, let's not forget that Beantowners!!!

August 4, 2013  12:51 PM ET

This is a small risk for him, since his net worth is 1.5 billion.

August 5, 2013  09:41 PM ET

That should take care of the bad mouthing... What next, New York Daily News?

 
August 6, 2013  12:59 PM ET

BostonGlobe.com gets 14 million visitors a month, he'll probably make back his investment in ad revenue in no time.

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