DODGERS The ongoing OWNERSHIP Thread

For them it isn't just about making money as it is about saving money. It is like a tax deduction that saves you 5K in taxes. Do you consider that having made money or retaining more of your income? One of the dirty parts of sports ownership not talked about is the tax write offs and taxes not paid because of losing money.

 

I think Walters will keep a low profile and Kasten will run the show and clearly be the man in charge and Magic will fade into being the guy in the stands who smiles and kisses babies.

 

i think kasten will go for 1 big name and a bunch of good signings rather than go with 2 big and have it tie up the payroll. remember extensions are also due. his impact wil be more in organization. he will rebuild the farm so when those contracts begin running out its not just relying on the free agency market, instead holes can be filled along the way. at the very least pitching is fine with de la rosa evaldi, and lee making their way through the system. position players are becoming rare for this organization.

 

Defense

 

I like that he said the farm system is priority #1. I agree, even the Yankees can't survive without some talent coming up from their own system.

And I agree with you that extensions will be a priority over big free agents. Afterall, what good are big free agents if we don't lock up Ethier, Kershaw, and AJ first.

 

Add corporations in general to your post. The better lawyer you can afford the easier to maximize earnings through chicanery and fudging of the tax code to your benefit. If it weren't for Kasten's inclusion in this group I would have been more worried about these subsequent stories of dread but I have every confidence he will do it the baseball way and the old Dodger way through core investment and not so much by making too many quick fixes.

It is interesting how the Gnats are reacting to the ownership change by the way they are signing pitchers to extensions left and right Baumgartner being the latest, a definite domino effect in play. There is an old Chinese proverb that says "may you live in interesting times" and boy this saga has never been more interesting as it is right now.

 

Yup, seems like the only team not locking up their young stars is the Dodgers. We need to get Dre under contract and Kershaw under a longer term.

 

and soon...

The Kasten position in all this gives me more faith than the Guggenheim deep pockets or Magic's peripheral involvement...

The corporate tax angles are full of BS back room clauses that let the rich stay rich... disgusting...

 

i'm just going to root for the dodgers and might be done going to games for the rest of this lifetime.

 

Great read and re-read, lot of stuff I forgot about.

 

Someone needs to post a picture of the lair for all of us who haven't been fortunate to make it over there yet.

 

This is sounding more and more like a deal that will be talked about for a long time.

http://www.forbes.com/sites/mikeoza...sion-with-padres-guggenheim-got-with-dodgers/

The Los Angeles Times reported yesterday that Peter O’Malley and his family may attempt to buy the San Diego Padres, the Major League Baseball team put on the market by John Moores after commissioner Bud Selig put the kibosh on the sale of the team to minority owner Jeff Moorad.


The interior of Petco Park with the San Diego skyline in the background. 23:10, 31 May 2006 . . Nehrams2020 . . 2272×1712 (1,265,718 bytes) (Photo credit: Wikipedia)



The O’Malley family, who sold the Los Angeles Dodgers to News Corp. in March 1998 for $311 million, tried to buy the team back but withdrew his bid in February, about a month before Guggenheim Baseball bought the team and Dodger Stadium for $2 billion and kicked in another $150 million for half the 260 acres of nearby land. News Corop. eventually sold the Dodgers and 260 acres of surrounding real estate to Frank McCourt in 2004 for $371 million. McCourt’s sale of the Dodgers to Guggenheim, approved by a bankruptcy judge last week, makes him the most prosperous baseball owner in history.

According to sources, MLB, which was hoping hedge fund titan Steve Cohen would nab the Dodgers, told O’Malley at the time he withdrew his bid not to take his case to arbitrator Joe Farnham if he ever wanted to buy another baseball team. The Padres could be payback for O’Malley, especially if he able to get the same concessions with San Diego‘s new media deal Guggenheim got with the Dodgers.

The Padres recently inked a 20-year television deal with Fox Sports worth $1.4 billion that includes a $200 million upfront bonus and a 20% stake in the regional sports network. McCourt negotiated a sale agreement with MLB prior to the auction of the team that is good for over 40 years and granted whom ever bought the Dodgers concessions with its new media deal. The sale agreement is seale din court, but I have been told one of the concessions Guggenheim will have is if they form a RSN they can pay lower rights fees to the their team than would normally be the case.

Sources say O’Malley and Moores might ask for the same deal McCourt negotiated. Clearly, MLB was very concerned about other team owners looking for the same terms McCourt was able to negotiate with baseball, which explains why their attorney, Thomas Luria argued for hours before the judge in in bankruptcy court to have mediator Farnham removed from the Dodgers process going forward.

 

^Haha, Irish you rock!

 

Is Doyer even that thick?

Doyer, you know I'm messin, haha...