Originally posted on The Cardinal Nation blog  |  Last updated 4/25/13
Earlier this month, just as the Pacific Coast League regular season schedule was getting underway, a flurry of articles appeared. Led by the Wall Street Journal, reports of a potential breakthrough in resolving the ongoing unsettled financial status of the Memphis Redbirds and AutoZone Park caused considerable excitement. The St. Louis Cardinals had re-engaged in negotiations to purchase their Triple-A franchise and operate it themselves. It would be an extension of the successful model the organization has in place at Double-A Springfield. In fact, Memphis media personality Rob Fischer tweeted on April 3 that the Cardinals were “close to striking a deal to purchase the Redbirds” and that talks were “moving quickly.” Yet, nothing visible has occurred since. The reasons appear to be at least two-fold. First, AutoZone Park is not part of the proposed purchase by St. Louis. The ballpark is source of the problems that got the former owner of the club, the non-profit Memphis Redbirds Foundation,
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