Minorities seek Reds share

Rigaud trying to assemble $6M consortium

BY JOHN FAY | ENQUIRER STAFF WRITER
Cincinnati Enquirer

The man behind the rise of the National Underground Railroad Freedom Center is trying to put together a group to buy a stake in the Reds.

Ed Rigaud, who has been working to get minorities more economically involved in the community, said the African-American group would put up more than $6 million. It would be the first time a black group has owned a piece of one of the city's best known and revered institutions.

Rigaud's group would join new Reds chief executive officer Bob Castellini's ownership group, which was approved last week by Major League Baseball.

"I've been working on economic inclusion," Rigaud said, "inspiring minorities to become involved entrepreneurially in the community.

"This would be a big step."

Rigaud, a former executive at Procter & Gamble, has put up his own money to get the process started.

"This would be a great thing for the community and the Reds, if we can pull it off."

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