Comcast, Ex-Astros Owner Sued For Fraud Over Ailing Network

Law360, Houston (November 22, 2013, 2:56 PM EST) -- The owner of the Houston Astros said in a suit filed Thursday in Texas state court that Comcast Corp. and the ballclub’s former owner, billionaire Drayton McLane Jr., duped him into overpaying for the team and its stake in a regional sports network.

Astros owner Jim Crane and his ownership group Houston Baseball Partners LLC claim Comcast and McLane covered up the unreasonableness of the distribution rate offered to prospective third-party carriers to carry Houston Regional Sports Network LP, which holds exclusive licenses to broadcast Astros...
To view the full article, register now.