Yorks sell 2 small stakes in 49ers
SAN FRANCISCO -- The York family has sold two small stakes in the San Francisco 49ers franchise
"They were important people to us," John York said Monday night in explaining the moves. He declined to provide further details of the sales, first reported by the Sports Business Journal on Monday. The San Jose Mercury News said each stake was 1 percent.
York's son, team president Jed York, said the sales have nothing to do with helping finance a new $1 billion stadium in Santa ...
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