MANILA, Philippines – NO DEAL!
This is what best sums up the PBA Commissioner's decision with regards to the PBA trade deal involving key players from San Miguel Beer and the Air21 Express.
The official papers were handed to the PBA Office last Friday and was officially disapproved today by PBA Commissioner Atty. Chito Salud.
Atty. Salud deemed the transaction as “very lopsided” but it seems that this is not the last we have heard of the deal.
Sources reveal that San Miguel will be revising their offer and will exhaust all means to get the three rookie draft picks into the San Miguel team fold.
Once done, the revised trade offer will be re-studied by the PBA Commissioner.
The original deal involves Air21’s top rookies (Rabeh Al-Hussaini, Nonoy Baclao and Rey Guevarra) being sent to SMB for veterans’ Danny Seigle, Mick Pennisi and Joseph Yeo.
Additionally, two first round draft picks will be going Air21’s way.
Related to the potential trade deal is the fact that it may just be a footnote of a bigger deal where San Miguel may eventually purchase the Air21 franchise.
This story was reported on Manila Bulletin earlier today.
As of now, the beer and food giant owns three teams in the PBA – San Miguel, B-Meg and Barangay Ginebra.
Source: Manila Bulletin Online
Monday, February 28, 2011
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