It looks like a go for the sale of the Yokohama BayStars franchise and, assuming all goes well, the team will officially become the Yokohama DeNA BayStars by the beginning of next month. It is good the club will be staying in Japan's second-largest city with its great stadium location and fan base.
Tokyo Broadcasting System (TBS) Holdings Inc. will finally be able to rid itself of what has been a huge money loser over the past decade. TBS bought the Central League team in 2001 for a reported ¥14 billion from seafood maker Maruha Corp. DeNA Co. is said to be buying the club now for ¥9.5 billion.
The transaction is scheduled for approval discussions by NPB owners on Tuesay and is expected to be finalized on Dec. 1.