I'm not really arguing from the point of view that LL abandoned Pawtucket and should burn in hell or do penance forever, nor do I think he was somehow morally obliged to sell locally and/or at a lower price than he would otherwise get. But a nineteen-day span between his announcement about intending to sell and identifying the purchaser makes me suspect there's a very good chance the sale was in the bag at the time of the initial announcement, or that he had a pretty good idea of where it was going. There was no reason for him to create an expectation that he was going to try to sell locally, just as there will be no reason for his inevitable proclamation that no local groups emerged as viable during his exhaustive nineteen day search. If you're going to take the money and run, just fucking do it and get lost.
I think you are exacty right, and the bolded part is key. I find it hard to believe that a more locally based investor, or short of that, a non-conglomerate investor who could plant local roots, might eventually emerge to purchase one of the marquee teams in minor league baseball, *if* LL allowed enough time for a market to develop. For the short amount of time that lapsed between announcing the team was for sale to the time a buyer was announced, it is highly unlikely that any one could have put together a legitimate purchase proposal from scratch (unless they were already wealthy enough to have $50 million in loose change rattling around in their pockets).
One other interesting thing to note is that this summer, Worcester's city manager attempted to
dissolve the special Ballpark Commission, a citizens' board designed to "overseeing the ballpark lease agreement and the financial status of the ballpark facilities, issuing approvals, permits, and licenses for events, and keeping the city manager informed of ballpark issues." Instead the ballpark would have been overseen internally by the city's department of public facilities. In October, city council overruled the city manager's plan and kept the board in tact.
Given that the city manager's office has been in the bag for this ownership group from the beginning, I would not be surprised if the sale to Diamond was agreed to in July and one of their asks was for the ballpark commission to get dissolved and its oversight placed in the administration's hands, both to increase the team's ability to influence decisions and to decrease transparency (and if for nothing else, the city manager's office is excellent at obfuscation and running interference for its favorite stakeholders).