Coors sells its minority ownership interest in the Rockies


The ballpark will still be called Coors Field, but Coors is out of the Rockies ownership group. Sports Business Journal reports that the brewer has sold its 14.5% interest in the team:

“Molson Coors is proud of the role we played in bringing a Major League Baseball team to Denver and remains highly supportive of the Colorado Rockies,” the company wrote in a statement emailed to SportsBusiness Journal. “However, we have decided to sell our 14.5% stake in the team so that we can focus our resources more fully on building our global beer business. This transaction has no impact on the naming rights for the stadium, which will remain Coors Field.”

The new minority owner is Jay Stein, a developer from Scottsdale, Arizona who used to be part of the Padres ownership group. Control of the team, of course, remains with Dick and Charlie Monfort.

Marlins sign Sean Burnett to minor league deal

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Free agent reliever Sean Burnett signed a minor-league pact with the Marlins on Saturday. Per’s Joe Frisaro, the left-hander is slated to begin the season in extended spring training and will work toward a role in the majors.

Burnett, 35, has not appeared in full-time role in MLB since 2012. He last pitched for a big league team in 2016, surfacing for 5 2/3 innings with the Nationals before returning to the minors. Despite signing a minor-league deal with the Phillies last spring, he failed to make the Opening Day roster and was released prior to the start of the season.

Complicating Burnett’s return is a slew of chronic elbow issues. The left-hander has dealt with everything from bone spurs to a torn UCL over the last six years, and will need to take things slowly in the minors before the Marlins consider adding him to the bullpen this season.