Otten sells share of Red Sox back to owners Print
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Wednesday, 02 May 2007 12:46
MLB Headline News

 BOSTON (AP) -Les Otten, the former ski industry mogul who became a part owner of the Boston Red Sox, has sold his share back to the team ownership group he helped form.
``I always wanted to own part of a baseball team,'' Otten said Wednesday. ``I had a great time, and I've got some other things in my sights that I want to do.''
Otten said he sold his share last month, but wouldn't say what percentage of the team he owned or the selling price.
He also wouldn't say what businesses he wants to pursue and, citing a confidentiality agreement, wouldn't comment on reports that he'll return to the American Skiing Co. he founded. The company forced him out in 2001, shortly before Otten and a group of investors led by John Henry bought the Red Sox for $660 million.
Otten did say that after spending months every year with the Red Sox, he was ready for a more active role in his next venture.
``I'm sort of an active participant in whatever I want to do and I was never going to be given permission to have (manager Terry Francona's) job,'' he said, laughing.
``At the end of the day, I'd rather be driving the race car and playing the baseball game and there are only so many hours in the day.''
Henry and co-owners Tom Werner and Larry Lucchino did not immediately return messages for comment.
 

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