Bleacher Report · Apr 5, 2020
D-Backs Minority Owners Suing Managing Partner Ken Kendrick over Buyouts
Arizona DiamondbacksDon Heupel/Associated Press
Three minority owners of the Arizona Diamondbacks—Alfredo Molina, Jim Weber and limited liability company Carlise Investments—are suing managing general partner Ken Kendrick, per Zach Buchanan of The Athletic.
According to that report, they are claiming that Kendrick and the Diamonbacks ownership group "acted unlawfully when it told them each either to increase their investment in the team to at least a one-percent stake of ownership or sell each of their 'ownership units' back to the team at a price of $60 per unit."
This article will be updated to provide more information on this story as it becomes available.