SOLON, Iowa - A chunk of the Cedar Rapids Titans football team is now for sale on Craigslist. A listing for 20 percent ownership appeared on the website last week.
Chris Kokalis, co-owner and general manager of the Titans, confirmed the listing was authentic Monday morning, but said it doesn't mean the team is leaving town.
Mike Polaski, a minority owner, has decided to sell his share of the team, Kokalis said.
"A downturn in my 'core' business (restaurant owner) has forced me to liquidate my 20% ownership in the Cedar Rapids Titans," the advertisement states.
Polaski, owner of Jo's Roadhouse in Solon, is asking $80,000 for the shares.