The Brewers have agreed to accept an offer from Los Angeles investor Mark L. Attanasio to buy the team from the family of Commissioner Bud Selig.
Daniel Gilbert, the founder and chairman of Quicken Loans, said yesterday that he was told the team had selected another buyer, and a lawyer in baseball, speaking on the condition of anonymity, confirmed that Attanasio's offer was orally accepted by the Brewers' board last week.
Attanasio and the team are in the process of drafting the sale agreement, the lawyer said.
The Brewers' acceptance was first reported by the Milwaukee Journal Sentinel on its Web site.
Steve Greenberg, a New York-based investment banker handling the sale for the Brewers, said "a decision is imminent," and he expected it to be announced by the end of the week.
Attanasio's spokesman, Bill Mendel, declined to comment.
Selig's family owns the majority controlling interest in the team -- 26 percent -- but Selig hasn't drawn a salary since becoming commissioner full time in 1998.
The Brewers were believed to be seeking more than $180 million for the team, which has been for sale since January. A sale agreement must be approved by at least three-quarters of the 30 major league teams, a process that usually takes six to 12 months.
-- From News Services