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GREATER MIAMI BASEBALL CLUB LTD. P'SHIP v. NAT'L LEAGUE OF PROF'L BASEBALL CLUBS

193 A.D.2d 513 (1993)

598 N.Y.S.2d 183

Greater Miami Baseball Club Limited Partnership, Doing Business as The Miami Miracle, Appellant, v. National League of Professional Baseball Clubs et al., Respondents

Appellate Division of the Supreme Court of the State of New York, First Department.

May 20, 1993

The IAS Court properly compelled an arbitration proceeding between the parties in accordance with article IX of the PBA to determine the amount of "just and reasonable" compensation to be paid by the defendant to the plaintiff for acquiring plaintiff's baseball franchise territory in Miami, Florida, where, as here, the record reveals that the arbitrators, not the court, must decide the standard to be applied in evaluating the compensation...

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