When the Wall Street Journal first reported that an outside investor may buy part of the Steelers, the news seemed discouraging, but not disastrous.Since then, the news just keeps getting worse.
Now we've learned that instead of there being a likelihood that Dan Rooney would be able to buy back all of his brother's shares, there's the potential that an outside buyer will actually take over a majority share. The Associated Press is reporting that the deal could happen within the next week. While potential new owner Stanley Druckenmiller sounds like a diehard Steelers fan who is willing to let Rooney continue to run the team, that doesn't change the fact that any kind of ownership change is a pretty significant switch.
