Indians owner Paul Dolan is nearing a deal to complete his search for a minority investor, per a story by the Associated Press.
According to the report, Dolan has his search down to a “small group” of investors and that a deal could be finished by the end of the year. That is coming from Steve Greenberg, managing director of Allen & Company.
Dolan is looking to add a minority investor in an effort to ease the financial burden of operating the franchise and possibly to help increase payroll.
No details as to what groups are being considered or what percentage of the franchise is being offered have been released.