Magowan stepping down as Giants managing partner

0 Comments | AFP, May, 2008

SAN FRANCISCO (AFP) — San Francisco Giants owner Peter Magowan has stepped down as managing partner of the Major League Baseball club after presiding over an era where Barry Bonds made his tainted home run record chase.

Magowan will keep an ownership stake in the team while William Neukom, former Microsoft lead counsel, will become managing partner and team vice-president Larry Baer will be president, the San Francisco Chronicle reported.

Bonds broke Hank Aaron's US career home run record last year, finishing on 762 homers before being cut by the Giants following the season, ending years of soap opera swirling around doping accusations and his chase of the milestone.

Magowan, 66, oversaw construction of a new waterfront ballpark and assembled a team that...