From The San Francisco Standard · · 1m
John Fisher sells Quakes for $625M
John Fisher sells San Jose Earthquakes to Heath Freeman for $625 million, ending his Bay Area sports ties.
In brief
John Fisher sells San Jose Earthquakes to Heath Freeman for $625 million, ending his Bay Area sports ties. John Fisher sold the San Jose Earthquakes to Heath Freeman for $625 million, cutting his last Bay Area sports connection. Originally reported by The San Francisco Standard.
John Fisher sells Earthquakes
John Fisher agreed to sell the San Jose Earthquakes to Heath Freeman for $625 million.
Fisher exits Bay Area sports
John Fisher, the son of Gap founders, ended his Bay Area sports ties after selling the Earthquakes.
Heath Freeman's background
Heath Freeman leads Alden Global Capital, a New York hedge fund known for gutting newspapers.
“Heath Freeman is the cartoon villain basically tying the reporters and their communities to the railroad tracks and pulling the switch”
Earthquakes' playoff return
The Earthquakes will host their first playoff games since 2012 after the sale.
Fisher's stadium legacy
Fisher built PayPal Park, the Earthquakes' home stadium, after failing to build a ballpark in Oakland.
Fisher's baseball history
Fisher moved the Oakland Athletics from Oakland to Las Vegas before selling the Earthquakes.
The takeaway
John Fisher sold the San Jose Earthquakes to Heath Freeman for $625 million, cutting his last Bay Area sports connection.
