Matt Williams Becomes Part Owner of Diamondbacks

In a move that one can only assume (ok, we're reaching here) is aimed at helping the club reduce some of its deferred compensation payments, Matt Williams became a part owner of the Arizona Diamondbacks earlier this week.

It will be interesting to see if other former Diamondbacks, like Randy Johnson, who are owed small fortunes by the club also become part owners down the road. While it is uncommon (sans Michael Jordan with the NBA's Wizards and Magic Johnson with the Lakers) for former players to become owners of teams, it was fairly common around this time in the last century. One of the more notable players who later became an owner was the White Sox' Charles Comiskey (you know, the guy that the two stadiums were named after, well - at least until cell phone companies took over the world).