We need to hope that who ever wins the bid is bidding with a strong baseball team already identifed and not to be hired after the sale is closed. Some of the groups do but I fear some of the bidders. Fox made the gigantic mistake of putting a non baseball person in charge. Who was that Chase Carey or something like that.
Do you suppose Fox and Time Warner are offering private jet trips to all the potential bidders? (Well, of coure all the potential bidder have fleets of private jets - but I'm thinking of some kind of deluxo perks to sweeten the deal...) Just wondering how they stand in all of this right now.
I am sure Fox and TW are courting the possible owners and offering in some cases to join them. I would not be surprised to see Fox aligned with Carusso and Torre. Fox could kick in 500 million to be taken off the price of the new contract so the bidders have more cash to work with and less credit. Needless to say Blackstone is probably facilitating a lot. Selig opened a major can of worms by allowing McCourt so much leeway. How is he going to tell another owner he can't do the same to maximize their ROI when sellling the team.
I worked it out earlier today. Pay 1.5 billion for the team and get a 20 year 4 billion media contract and your ROI is over 5% per year. Not a bad guarantee with our current Fed. Now add in the profit from the use of the real estate along with team appreciation over a 20 period and you can see the value of owning the franchise. When this is over there may be some other owners willing to sell as I suspect there are some markets that the losers here might be interested in. The concern as you know is how many of these groups are in it because they really want to own the Dodgers and promote the franchise for baseball reasons?
Right, and it seems a natural for the Magic group to take the Dodgers to join the Lakers on Time Warner.
when the dollar how it is if i had a shitload of cash that might be worthless in the future i would invest it in institutions i have more faith that the dodgers will still exist in 40 years than half of the banks in business
that post reads as if i was trying to write it while i was having an aneurysm i have no idea how diablo understood what i was trying to say
Ok good article on media rights and free agency and how we may be on the verge of a free agent boom with new media contracts coming online. Pity the teams still years out from a new contract. Perhaps it is spin but note the following from the link. http://content.usatoday.com/communi...-bounty-a-boon-to-future-free-agent-classes/1 If true bodes well for our free agent sigining abilitiies in 2014 etc. Makes you wonder what Kemp could have gotten if he had waited. Perhaps this is why the new owners are so willing to bid.
http://content.usatoday.com/communi...-bounty-a-boon-to-future-free-agent-classes/1 The new owners of the Dodgers should be on the cutting edge of that revolution and be willing to pay handsomely to be able to do so. This Dodger sale is not about the way baseball business has been done but about the future of the industry and it is reasonable to believe that Blackstone is painting that picture/vision for perspective buyers. I don't want to sound redundant but perhaps the valuation of the Dodgers in 2012 is not based on history but future. That will probably mean that a visionary will bid higher than one who is dependent on precedent.
What else can it be but both? It's the Dodgers...they've done more for BB than any other team, ever. The past is undeniable and steeped in BB lore forever. And the future is looking somewhat bright-I don't know if we need shades yet, but the darkness is lifting somewhat...especially if Ned goes soon.
Yup, some of the groups are potentially frightening in how they could screw up without the right team in place.