Rockies owner Dick Monfort buys Macaroni Grill restaurant chain for $8 million

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Rockies owner Dick Monfort has purchased the Macaroni Grill restaurant chain–which consists of 146 locations–for a total of $8 million.

If that seems really low … well, it is. Nick Grocke of the Denver Post notes that Macaroni Grill sold for $55 million just two years ago and as recently as 2008 it was valued at $164 million. And yet Monfort is getting it for $55,000 per location.

By comparison, the Rockies are paying Drew Stubbs and Daniel Descalso a combined $7.35 million to be their fourth outfielder and utility infielder this season.