Baseball league buys Rockies.com for $1.2m
Major League Baseball has purchased the domain name rockies.com for $1.2 million, according to the deal’s broker, Venture Capital Group Ltd.
The domain did belong to Tourism Canadian Rockies, which plans to move to CanadianRockies.org, according to the company. The Colorado Rockies is a baseball team in the MLB.
Domain Name Wire reported that the domain was up for sale last September, with Andrew Allemann predicting a sale to the MLB at price of $200,000 to $400,000.
According to Allemann, the MLB now only needs four .com domains to complete its collection of team names.
Rockies.com now redirects to mlb.com.
January 11 Update: The sale price of $1.2 million is now looking very dubious indeed.
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Of course, with new gTLDs, the days of high .com valuations are over…..errrrr, I guess the .MLB application by Major League Baseball didn’t affect their appetite for .com domains. 🙂
Sure, over…..errrr: Let’s build new Manhattan, so the current will become shit – right? Not gonna happen…
George, can it really be that you are finally warming up to the idea new gTLDs? 🙂
This is a fair price for a great asset which can be used against many different industries. Many deals like this have happend, but are never reported.
Rockies.mlb hmmmm .com rules