John Sherman

Owner Paul Dolan confirmed he’s been in negotiations with billionaire investor David Blitzer for a 35% stake in the team, which had the second-lowest payroll in the MLB last season.

The Indians confirmed Monday that the team will drop their nickname after more than 100 years. But that won't be happening until at least 2022. For now, the team is facing deep budget cuts that likely include saying farewell to their star player.

The Cleveland Indians are a two-owner franchise. Even casual fans know the majority owner is Paul Dolan, but what about the minority owner John Sherman?…