Montreal Expos owner Charles Bronfman has been offered $117.4 million for the team by a Miami group, $30 million more than his asking price, but he is continuing to search for a local buyer, according to a published report.
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The Montreal Gazette reported Sunday that a Miami group is willing to make a $30.4-million down payment on the team, which would move to Miami as soon as construction on a new stadium is completed.Bronfman, the Expos principle owner, has said that he wants to sell the team for about $87 million, but would prefer to sell the franchise to a person or group who would keep the team in Montreal. He has placed an Aug. 31 deadline for offers from local groups.