CLEVELAND -- Indians owner Paul Dolan was surprised by the timing of a recent report noting that he was seeking a minority investor for his ballclub. Dolan has been open to adding an ownership partner for several years and little has changed in that regard.
The only new public information in last week's report was the fact that Dolan has hired Allen & Co. -- a boutique investment bank based in New York -- to assist in his search. The Indians owner took that step roughly one year ago, though, so even that was not a drastic development.