Orlando Dreamers secure additional financing
The Orlando Dreamers announced Tuesday they have secured the final round of financing to support their bid to bring a Major League Baseball team to the city.
What we know:
The Orlando Dreamers have secured the final round of financing needed to support their bid for a Major League Baseball (MLB) team.
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They have arranged up to $2 billion specifically for acquiring a franchise, separate from stadium funding. Principal investors Rick Workman and John Morgan helped complete the financial package.
What we don't know:
It remains unclear which MLB team the Dreamers might acquire or when the league will make a formal decision. Details about the stadium plan and how it will be financed are still pending.
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