Want to Own a Piece of the Red Sox?

For Sale - 17.5% stake in New England Sports Ventures (NESV owns the Red Sox, Fenway Park and most of NESN).

Price - $300 million or B.O.

The struggling New York Times Co. is actively seeking a buyer for it's stake in aforementioned holding company in order to shore up its own cash position. For clarity's sake, the Times owns the Boston Globe which owns the stake in NESV. The Times has not specified whether or not they intend to sell the Globe with the Sox stake.

Barclays Capital has assigned a value of roughly 166 million to the stake in NESV so the Times will likely have trouble getting what they would like. As a separate entity, the Globe has an estimated value of 20 million.

As a funny aside, a couple of local millionaires approached the Times a few years back looking to purchase the Globe and the NESV stake for some 600 million. That's more than 3 times what the pair could fetch now. Talk about epic fail on the Times behalf.