Hoffman Sets Sights on Buying Cards

[OldRed]

This team has had 3 owners in my lifetime. The last Two have made a big difference; what is it to say a new owner wouldn't make a difference?

I've said recently, all this team needs is a couple of very good players to compete. Just maybe a new owner would invest in a couple.

[Goldfan]

This team has had 3 owners in my lifetime. The last Two have made a big difference; what is it to say a new owner wouldn't make a difference?

I've said recently, all this team needs is a couple of very good players to compete. Just maybe a new owner would invest in a couple.

Typically when the new ownership groups comes in they want to make splash…..won’t be hard to do here.
The salary dumps without salary reinvestment certainly align with a sale.

[Swuhgen]

And there you go……things are aligning. These stories and content aren’t written without a plan in place.
I think a few of us have been alluding to this for a while…….
All the signs were there

There you go?
What does that mean?
We don’t know if the Cards will be up for sale and, even if they are, it’s years away.

[rockondlouie]

As of December 2025, the Hoffmann Family of Companies, led by David Hoffmann, has entered an agreement to purchase the Pittsburgh Penguins from Fenway Sports Group (FSG) for approximately $1.7 billion. The deal, which is pending NHL Board of Governors approval, marks a transition after FSG bought the team in 2021.

[Goldfan]

As of December 2025, the Hoffmann Family of Companies, led by David Hoffmann, has entered an agreement to purchase the Pittsburgh Penguins from Fenway Sports Group (FSG) for approximately $1.7 billion. The deal, which is pending NHL Board of Governors approval, marks a transition after FSG bought the team in 2021.

He might be able to get the Cards for 1.7bil at the rate Dewitt is devaluing his asset.

[dugoutrex]

didn't BDW just talk about this team being in the family for the next few decades?

[WaltsSuccessor]

Interesting. But, is he who we really want owning the team? He is worth a lot, but $2.5B is not open checkbook wealth given the baseball salary structure. Plus, isn't this the same guy that started a development in Augusta MO, started buying stuff and then stopped?

^^^THIS^^^

And the Cardinals are valued at $2.5B so he'd need partners (like BDWJr did when he purchased them).

I've heard this rumor before that the Washington, Mo native wanted to buy the Cardinals.

I think this is all just chatter................but lets keep a close eye on it since BDWJr may not like the climate around MLB after the new CBA is announced and there's no salary cap.

Wonder if the Taylors or the WWT tandem would be interested in joining that group. They're already both involved with SC City (at least Taylors and Kavanaugh, not idea what Steward does with his money).

Maybe Jack Dorsey or Sam Altman would bring some youth and technology focused leadership? Rodger Riney is long in the tooth, but maybe bored in retirement? Pujols should have plenty of scratch to invest! Is Johnny Morris a Cardinals fan?

[Galatians221jb1]

Why is Hoffman going public is my question. I’d guess that DeWitt has said no and Hoffman is trying to put public pressure on DeWitt. If something has been agreed to then there’s no need for this public statement. Probably a negotiating ploy. Frankly, I’d rather the Taylor family would buy the club. They are worth ten times what Hoffman is worth. Still can’t understand Hoffman buying the PD ownership group. There seems little future in print publications. I’m glad that something may be happening. Hopefully Hoffmans statement will bring in bidders with some civic pride. Dewitt is from Cincinnati, Hoffman is a Missouri resident but not a St.Louisan.

[Cardinals1964]

Cardinals aren’t for sale. I also want to buy the Cardinals. Wanting to buy something and actually buying something are two different things.
I don’t know if I want an owner that buys sports franchisees simply as investments.

[Cardinals1964]

Why is Hoffman going public is my question. I’d guess that DeWitt has said no and Hoffman is trying to put public pressure on DeWitt. If something has been agreed to then there’s no need for this public statement. Probably a negotiating ploy. Frankly, I’d rather the Taylor family would buy the club. They are worth ten times what Hoffman is worth. Still can’t understand Hoffman buying the PD ownership group. There seems little future in print publications. I’m glad that something may be happening. Hopefully Hoffmans statement will bring in bidders with some civic pride. Dewitt is from Cincinnati, Hoffman is a Missouri resident but not a St.Louisan.

Because nothing could go wrong with a Missourian and owning a local team.

[rockondlouie]

Interesting. But, is he who we really want owning the team? He is worth a lot, but $2.5B is not open checkbook wealth given the baseball salary structure. Plus, isn't this the same guy that started a development in Augusta MO, started buying stuff and then stopped?

^^^THIS^^^

And the Cardinals are valued at $2.5B so he'd need partners (like BDWJr did when he purchased them).

I've heard this rumor before that the Washington, Mo native wanted to buy the Cardinals.

I think this is all just chatter................but lets keep a close eye on it since BDWJr may not like the climate around MLB after the new CBA is announced and there's no salary cap.

Wonder if the Taylors or the WWT tandem would be interested in joining that group. They're already both involved with SC City (at least Taylors and Kavanaugh, not idea what Steward does with his money).

Maybe Jack Dorsey or Sam Altman would bring some youth and technology focused leadership? Rodger Riney is long in the tooth, but maybe bored in retirement? Pujols should have plenty of scratch to invest! Is Johnny Morris a Cardinals fan?

From what I know the Taylors not interested in the Cardinals.

Dorsey doesn't seem like much of a sports enthusiast and Altman's too busy w/ChatGPT.

I actually interviewed once w/Rodger to be his first branch mgr when I was a young broker and he was moving his two office Arizona brokerage HQ to St. Louis (Scottsdale Securities was it's name at that time)......after meeting for a couple hours he told me his vision to be bigger than Schwab..... I thought he was crazy and passed on the job....big mistake on my part.