Monday, February 6, 2012

With Powerade sale reports abound, PBA officials question Lassiter trade

source: Reynaldo Belen | InterAKTV

Alaska team manager Joaqui Trillo will ask the PBA not to allow the reported trade involving Powerade star rookie Marcio Lassiter and Petron sophomore pair of Noy Baclao and Rey Guevarra.

“I will request to the Commissioner if it’s possible put on hold the trade involving the two teams,” said Trillo in a telephone interview with InterAKTV.

Trillo, who represents the Aces in the PBA Board of Governors, made the pronouncement amid rumors that the Powerade franchise will be sold to San Miguel Corporation, which owns the Boosters.

Last week, the Philippine Daily Inquirer reported that the Tigers have been sold to SMC. Coca-Cola Bottlers Philippines, Inc., which owns the team, denied the story.

SMC used to own part of CCBPI, but sold its stake in the beverage business in 2006 along with the PBA team. But according to terms of the transaction, the conglomerate has right of first refusal if Coke were to sell its PBA franchise.

This weekend, multiple sources told InterAKTV that Powerade was trading Lassiter, one of its best players, to Petron.

An executive from another team who requested anonimity, meanwhile, said that the PBA has to get to the bottom of the issue of whether there has been a sale of Powerade to SMC.

“Powerade should give full disclosure regarding the reported sale of its franchise to San Miguel Corporation,” said the executive. He added that the PBA should investigate whether a sale has indeed been made, or if there are ongoing negotiations between Coke and SMC.

The PBA prohibits direct trading between teams owned by the same corporation.

PBA chairman Mamerto Mondragon, who represents Rain or Shine on the board, earlier said the reported trade could cast the league in a negative light.

“Matatalino ang mga fans natin. They’re not just watching the games, but they know what’s going on around the league. Baka magkaroon bigla ng negatibong epekto sa kanila and they won’t follow us anymore,” he said.

The PBA board will hold a special meeting on Friday to discuss the issue of Powerade and the Lassiter trade.