BATRK Atlanta Braves Holdings Inc - Class C

$BATRK $BATRA Claude says the MLB Commissioner is going to hurry up the Braves going private. Too much risk that once a "tax all teams" bill under §162(m) gets introduced in Congress, it could be hard to stop!

$BATRK $BATRA Claude said, always remember what Hannibal Lecter said to Clarice Starling in the movie version of the Silence of the Lambs. So how did Clarice know that Malone will follow Breach's letter?

$BATRK $BATRA Clarice said: "Commissioner Manfred is a patient strategist who can become an impatient interventionist when delay threatens MLB's broader interests." The Rays situation was discussed as an analogy for how MLB leadership and owners might use institutional leverage to influence an ownership situation. If Manfred believes that the Braves' lobbying in Congress is increasing the danger of broader team taxation, he has a reason to want the underlying problem resolved sooner rather than later, before it becomes a bigger congressional issue. He may prefer a Braves go-private solution. Interestingly, there is no indication MLB has publicly supported the Warnock/Britt bill.

$BATRK $BATRA Newsy buzz about Apollo private equity stake valuing MLB Yankees at $9B - 12B. Meanwhile in Atlanta, publicly-traded Braves remain at market cap about $3.3B (includes $1.3B real estate).