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Per Buchanan, the team released the following statement: "The Managing General Partner of the D-backs, with the support of Major League Baseball and on advice of independent legal counsel, has chosen to streamline the ownership group and reduce the number of partners with very minimal equity stakes in the partnership. Arizona has been home to major-league spring training since the immediate aftermath of World War II. In March 2016 Kendrick made public his belief that the Diamondbacks needed a new ballpark, and presented a preliminary proposal to county officials. Colangelos rags-to-riches story was well known to Arizonans with even a passing knowledge of professional sports. Buchanan's story has additional details on the dispute, including the six counts on which the plaintiffs are suing. Attorneys for Kendrick are also poised to assert that the teams buy-up/buy-out requirement is fully compliant with partnership agreements. Through Kendrick, the club retained the consulting firm Bases Loaded. Perhaps unsurprisingly, Kendrick went to school at West Virginia University, which is a school with something of a reputation for research. In turn, this means that he has been involved with various banks in various other banks as well, with an excellent example being his investment in Woodforest National Bank. pic.twitter.com/SWoG5wrsRa, Alek Thomas hits an RBI double down the left-field line to put the D-backs on the board in the top of the 3rd inning, Corbin Carroll lines a triple to right-center field, showing off his speed in the top of the 5th inning, Alek Thomas hits a bloop single to center field and two runs score, cutting the D-backs' deficit to 5-3 in the top of the 7th inning, Emmanuel Rivera ropes a double down the left-field line and two runs score, tying the game at 5 in the top of the 7th inning, Jake McCarthy sprints to the right-field corner and leaps into the wall to make an impressive catch for the first out in the 2nd inning, Ryne Nelson fans J.D. This refers to the majority of a partnership pressuring those with minority interests to sell upon threat of termination. Cohen also stresses that Molina, Webster and Carlisle Investments have met every requirement for ownership. CLAYTON TRUTOR is a history instructor at Northeastern Universitys College of Professional Studies. Process almost always matters in contractual disputes. Accessed August 3, 2016: http://maricopa.gov/StadiumDistrict/pdf/MCStadiumDistFY12AFR.pdf; David Fritze, Boom! He is also a PhD candidate in US History at Boston College. Exclusive sports coverage of Arizona high schools, Sun Devils, Suns, Cardinals and Diamondbacks plus access to USA TODAY Sports+ at no additional cost. Each of those investors was given the opportunity to remain as part of the group by purchasing additional partnership units at a rate determined by a highly respected, independent appraiser. Many opponents decried what they perceived as collusion between the citys political and business elite. All Rights Reserved.