Stephen Ross apparently will no longer be handing the reins to Bruce Beal as the next owner of the team.
Ben Fischer of Sports Business Journal reports that Ross has taken steps to change his successor from Beal to Jennifer Ross, the 82-year-old owner’s daughter. League rules require all owners to have on file a document naming one specific person who would take over the franchise if the current controlling owner dies or becomes incapacitated.
Per Fischer, Ross has circulated a document shifting the succession plan from Beal to Jennifer Ross in recent months. Fischer writes that the situation has nothing to do with the recent tanking/tampering investigation. We’ve heard it a bit differently; regardless, the bottom line is that Ross and Beal have had a falling out.