The most up-to-date content on the planet
this just in
 RSS
WEEI » This Just In » Henry on M&M: Sox owners not selling
Thu, 09/13/2012 - 2:27pm  

Henry on M&M: Sox owners not selling

Red Sox principal owner John Henry, in an interview on the Mut & Merloni show, said that suggestions that the current Red Sox ownership group is exploring the potential sale of the team are inaccurate. Referring specifically to a report from Charlie Gasparino of Fox Business News, Henry said, "I'm disputing his sources. Whatever his sources tell him, I'm completely disputing."

"I think whenever things aren't going according to plan, with all the turmoil we've had this year, people are going to speculate about this type of thing," Henry said. "Certainly it hasn't come from us. We're committed to this franchise for the long term. ... We're having meetings here at Fenway about 2013 and beyond. 

"We've had minority owners get out, but there's always been more than enough interest from existing partners to take them out," he added. "There hasn't been any discussion with minority partners, at least with us, that they want to sell the asset."

Henry said that he and and Tom Werner remain committed to the ownership of the club for "as long as we can." He said that the team recently concluded documents about what will happen to the club in the event of the death or disability of Henry or other members of the ownership group. 

"If those documents ever came to light, it would be clear that we're in this for the long run," Henry said. "We're committed to the Red Sox, committed to returning to where we need to be."

Though the Dodgers recently sold for in excess of $2 billion, Henry said that the possible to achieve considerable sums in a team sale had little meaning. 

"At this point in my life, [money] doesn't drive me," Henry said. "We love doing this. Tom and [CEO/president Larry Lucchino] and I love doing this. ... We're having meetings every day at Fenway about the future. Not what it's worth. That will mean more to our heirs than it will to us."

Henry said that the recent blockbuster trade with the Dodgers was not a reflection of a desire to sell the club but rather to create a better baseball operation in the world of the new Collective Bargaining Agreement.

"We did it for one reason and one reason only: To provide payroll flexibility," he said.

Henry also once again said that none of his other business interests impacts the budget of the Red Sox, and that neither his private investment company or the Fenway Sports Group's ownership of the Liverpool Football Club or partnership with Roush Racing impacts the Red Sox. 

"There hasn't been a financial issue but there's really been an issue between fan bases," Henry said. "Right after we spent $476 millon to buy Liverpool, which many people think was a bargain price, we spent how much on [Adrian Gonzalez and Carl Crawford]? That provoked such an outrage in Liverpool, we were shocked by that. ... Then we went out and spent $150 million or so on buying players in Liverpool and that provoked that here. That's really a mistake on our part, not to recognize that that was going to create issues for both franchises.  But they're independently run organizations, just as Roush Fenway is independently run. ... Whether we win or lose [with Roush Fenway] doesn't impact the Red Sox from our perspective. These are individual units.

"We have separate budgets for each entitiy. They really aren't interrelated. The budgets for the Red Sox are based on Red Sox revenues. The budgets for Liverpool are based on Liverpool revenues.

"I can understand, logicaly, that some people would say that has an impact. But really what has an impact is, what are our budgets? When we talk to Ben [Cherington] about what the budget is ... that budget is set annually based on what is going on with the Red Sox. That's why we have the second-highest payroll in baseball, and why we have over the last 11 years, because the revenues with the Red Sox are extraordinarily good." 

To listen to the interview, go to the Mut & Merloni audio on demand page. For complete Red Sox coverage, visit weei.com/redsox.




Audio On Demand

Ian Rapoport @RAPSHEET, N…

Ian Rapoport @RAPSHEET, NFL Network, chats with Chris Price on NFL Sunday 4-19-15

Ian talks with Chris about the NFL offseason and specifically what the Pats have done and will do. He talks about NFL free agency, if Brandon Spike will come back to New England, all things NFL Draft and more in an extensive interview.

NFL Sunday - the offseason edition - with Greg Dickerson and Chris Price - HOUR #2 - 4-19-15

in hour 2 of NFL Sunday, Greg and Chris discuss some news from around the league including the Philip Rivers situation in San Diego, if the Titans may sign Rivers, where Marcus Mariota may end up, and what the Jets will do. Price talks with NFL Network's Ian Rapoport about all things NFL offseason and the draft. Finally, the guys touch on if the NFL is over-saturating fans with too much coverage all year round now.

NFL Sunday - the offseason edition - with Greg Dickerson and Chris Price - HOUR #1 - 4-19-15

Greg and Chris talk a ton of NFL Draft in hour 1 of the show. They discuss what the Pats might do with their early picks and get Mike Petraglia's thoughts on the issue as well.

Dickerson and Tomase disc…

Dickerson and Tomase discuss the Celtics and their upcoming playoff series against the Cavs 4-19-15

Greg Dickerson and John Tomase discuss the amazing season for the Celts and if they have any chance against Lebron and the Cleveland Cavs in a seven game series. If they do, HOW ... how do they get it done?

Brian Scalabrine: I am the biggest Marcus Smart fan. 4-2-15

Brian "White Mamba" Scalabrine joins the guys to talk about the Celtics playoff push, the development of Marcus Smart and James Young, and the prospect of Brad Stevens leaving the Celtics for a college job.

We Love Anthony Davis - Celtics Playoff Push, 3-25-15

Brow Buff's Sam Packard and Ben Kichen break down Marcus Smart's unfortunate ball tap, debate leadership in the Celtics locker room, and rehash the great Kevin Love to Boston rumors.

Xander Bogaerts with Joe …

Xander Bogaerts with Joe and Dave

Xander had the game winning hit in the bottom of the 9th to get the Red Sox on top of the Baltimore Orioles 3-2, he talked with Joe and Dave after the game about what his thought process during the at-bat was and the excitement of a walk-off.

Buster Olney, ESPN: Buccholz quit on Sunday. 4-16-15

Buster Olney of ESPN joins the guys to talk about the first two weeks of the baseball season. They discuss the struggling Red Sox rotation and the potential of the high-powered offense.

Ryan Hanigan with Joe and Dave

Joe and Dave talk with Red Sox catcher Ryan Hanigan after the Red Sox come back to beat the Nationals 8-7.

Fluto Shinzawa, NHL repor…

Fluto Shinzawa, NHL reporter for the Boston Globe, joins the Sunday Skate crew to discuss the future of the Bruins franchise 4-19-15

The awesomely knowledgeable Fluto Shinzawa calls DJ, Naoko and Pete to talk about his thoughts on the future of the B's. He discusses his column from earlier this week on Cam Neely wanting to give Claude the ax earlier in the season but not getting the ok. Fluto shares his thoughts on Chiarelli's firing, the future for Claude and where the Bruins should go from here. He also gives his opinion on potential moves the team can make, who would fit in here, his thoughts on the NHL playoffs so far and more.

Sunday Skate with DJ Bean, Naoko Funayama and Pete Blackburn - HOUR #2 - 4-19-15

In the final hour of the "midseason finale" as DJ likes to call it, the crew discuss more about the future of the Bruins franchise, the possible power struggle in the front office and who should be the head coach going forward. They talk to intelligent and talented Fluto Shinzawa about all of these thing and more in an excellent interview, and finally, DJ says THANK YOU!

Sunday Skate with DJ Bean, Naoko Funayama and Pete Blackburn - HOUR #1 - 4-19-15

DJ, Naoko and Pete get into the huge week for the Bruins that saw the franchise move on from GM Peter Chiarelli. They discuss why that was done and if they agree. What does this mean for Claude? They talk about Claude and if he can exist here. If not, who would work in Boston? They also get into the NHL Draft Lottery last night and talk to ESPN Boston's Joey "National" McDonald live from Tampa, Florida.

Answer The Question Kirk …

Answer The Question Kirk 4-17-15

The latest edition of Answer The Question Kirk with Rob Bradford and Gary Tanguay.

Danny Ainge on the Celtics chances against Cleveland 4-17-15

The Celtics president of basketball operations joined the show to preview Cavs Celts.

Todd McShay on the Pats draft 4-17-15

The guys discussed the Pats draft with Todd McShay.

Aloha Friday - Christian …

Aloha Friday - Christian The Country Star. 4-17-15

Kyle Draper and Sports Radio Hack Lou Merloni make up after beefing earlier in the week, Aaron Hernandez gets taken down by Larry Willmore, and our very own Christian Fauria makes his Country Music Debut

Mike Gorman: Celtics will win in 6. 4-17-15

Celtics play-by-play announcer Mike Gorman joins the guys to defend his prediction of Celtics in 6.

Are the Red Sox instructing Hanley not to dive in the outfield? 4-17-15

After some suspicious outfield play from Red Sox Left Fielder Hanley Ramirez, the guys question whether or not he has what it takes to play in the outfield, a position he has never played before.

Celtics set to take on th…

Celtics set to take on the Cavs in round one: Do they have a realistic shot at an upset?

Michael, Jerry and Andy Hart discuss this year's Celtics as they enter the playoffs to take one of the best teams in the East in the NBA Playoffs.

ESPN Anchor goes 'mean girls' and gets suspended: Have we all been there?

We discuss the Britt McHenry suspension from ESPN, and the incident itself, and whether or not we've all had an incident like this, and whether her response was in any way appropriate.

Dale and Holley's Final Drive - 04-17-15

We wrap up the day with some of the best sound of the day and the week.

The Planet Mikey Show Mon…

The Planet Mikey Show Monday 4-13 Sox Home Opener and Season Ender

Mikey Adams, joined by Lenny Megliola and Chris Villani, talks about the Red Sox home opening win at Fenway and the Bruins fallout after missing the playoffs including the future of Peter Chiarelli and Claude Julien.

Chris Price joins Mike Mutnansky

Chris Price joins Mut to talk about how Revis will heat up the Jets-Pats rivalry next season

Mut's rant over the Jets filing tampering charges

Mut opens his show talking about the New York Jets filing tampering charges on the Patriots

We Love Anthony Davis - 2…

We Love Anthony Davis - 2015 Playoff Preview

Ben and Sam are joined by Julian Edlow from WEEI.com to give their predictions on every series in the NBA Playoffs.

Unsportsmanlike Podcast - 2014-15 Bruins Autopsy

Jerry is joined by hockey writer Brian "Rear Admiral" McGonagle of Barstool Sports to perform a post-mortem on what happened to the 2014-15 Bruins, who's to blame and where the team goes from here.

SoccerCast - Champions League Matchups, Transfer Rumors

Ben and Alex break down Leg 1 of the quarter finals of the Champions League and talk about some of the most interesting transfer rumors.

Danny Ainge on the Celtic…

Danny Ainge on the Celtics chances against Cleveland 4-17-15

The Celtics president of basketball operations joined the show to preview Cavs Celts.

More from this show

Todd McShay on the Pats d…

Todd McShay on the Pats draft 4-17-15

The guys discussed the Pats draft with Todd McShay.

More from this show

Do the Celtics have any c…

Do the Celtics have any chance to beat the Cavs? 4-17-15

With their opening round playoff series starting this weekend, the guys discuss whether or not the Celtics actually have a chance to win the series.

More from this show

Dale and Holley's Final D…

Dale and Holley's Final Drive - 04-16-15

We wrap up the day with the best in sound that you may have missed.

More from this show

Britt McHenry ripped at t…

Britt McHenry ripped at tow lot cashier 4-17-15

Gary, Rob and Kirk discussed the hot water that Brit McHenry is in.

More from this show

Weei Writers