The President’s son and a former vice...
The President’s son and a former vice presidential candidate officially became part owners of major league baseball teams as club owners approved the sales of the Texas Rangers and Baltimore Orioles.
Ranger owner Eddie Chiles sold the team in March for $46 million to a group of Texas businessmen headed by George W. Bush, the eldest son of President Bush. Bill DeWitt Jr., whose father once owned the Cincinnati Reds, is among the minority owners.
Last December, the Orioles were sold for $70 million to a partnership headed by New York businessman Eli S. Jacobs. The group includes team president Larry Lucchino and Sargent Shriver, 1972 Democratic candidate for vice president.