$2 Billion????????????
Link?
I don't think even Manchester United would be worth that much....
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| Dodgers sold https://mail.chicagofanatics.com/viewtopic.php?f=92&t=68658 |
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| Author: | Don Tiny [ Tue Mar 27, 2012 11:03 pm ] |
| Post subject: | Dodgers sold |
- for $2 Billion - to a group that most notably includes Magic Johnson Odd, but interesting. McCourt might get out of L.A. alive after all. |
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| Author: | shirtless driver [ Tue Mar 27, 2012 11:09 pm ] |
| Post subject: | Re: Dodgers sold |
$2 Billion???????????? Link? I don't think even Manchester United would be worth that much....
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| Author: | Terry's Peeps [ Tue Mar 27, 2012 11:14 pm ] |
| Post subject: | Re: Dodgers sold |
http://sportsillustrated.cnn.com/2012/baseball/mlb/03/27/dodgers.magic.johnson.ap/index.html Said to be the largest sale of North American team. |
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| Author: | bosco [ Tue Mar 27, 2012 11:18 pm ] |
| Post subject: | Re: Dodgers sold |
The 2 bill. doesn't make sense. And without the $$ from the parking lots.. Somethings not right.. |
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| Author: | bigfan [ Tue Mar 27, 2012 11:19 pm ] |
| Post subject: | Re: Dodgers sold |
Makes $840 Mill for Cubs+Wrigley+ 25% of CSN seem like a pretty nice deal. |
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| Author: | Don Tiny [ Wed Mar 28, 2012 1:52 am ] |
| Post subject: | Re: Dodgers sold |
Pardon me .... $2.15 Billion .... |
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| Author: | Scorehead [ Wed Mar 28, 2012 2:08 am ] |
| Post subject: | Re: Dodgers sold |
Just 5 days ago, Forbes valued the Dodgers at $1.4 Billion. Magic & his guys paid $2.15 Billion. |
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| Author: | Home5licE [ Wed Mar 28, 2012 4:54 am ] |
| Post subject: | Re: Dodgers sold |
Scorehead wrote: Just 5 days ago, Forbes valued the Dodgers at $1.4 Billion. Magic & his guys paid $2.15 Billion. They must have built a gazebo since then. |
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| Author: | Rod [ Wed Mar 28, 2012 7:15 am ] |
| Post subject: | Re: Dodgers sold |
bosco wrote: The 2 bill. doesn't make sense. And without the $$ from the parking lots.. Somethings not right.. I believe that McCourt was making a lot of noise about suing MLB regarding the way he was treated vs. the way their fellow owners treated Wilpon and suggesting that Jerry and the boys were discriminating because McCourt isn't Jewish. When the number worked out to be so huge, McCourt just said, "Fuck it. I'm taking this cash." |
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| Author: | T-Bone [ Wed Mar 28, 2012 7:22 am ] |
| Post subject: | Re: Dodgers sold |
Interesting for a team that no one seems to care about out there. People show up in the 3rd inning and leave by the 7th just to make an appearance from what I have heard. Are the Yankees even valued at 2 Billion? I think they got ripped off. Sounds like they want to add to payroll as well. I guess you have to at this point and make the team a consistent winner. |
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| Author: | rogers park bryan [ Wed Mar 28, 2012 7:57 am ] |
| Post subject: | Re: Dodgers sold |
WAY overpaid. I think it went like this Walter (new controlling owner): Look whats it gonna take to get this done? McCourt's rep: 2 Billion (joking) Magic: DONE!!! Prospective pro team buyers: 
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| Author: | T-Bone [ Wed Mar 28, 2012 8:00 am ] |
| Post subject: | Re: Dodgers sold |
 That may not be too far off Bryan.
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| Author: | Aggravated Sox Fan Bob [ Wed Mar 28, 2012 8:23 am ] |
| Post subject: | Re: Dodgers sold |
Only in SELIGWORLD does the goof who robbed the franchise blind get to keep the parking lots....Of course he bought the team by leveraging parking lots in Boston because Murdoch wanted to sell the Dodgers quickly and Selig had to make his Fox TV partner happy. Peter O'Malley has to be kicking himself and Walter O'Malley is spinning in his grave. |
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| Author: | SHARK [ Wed Mar 28, 2012 12:22 pm ] |
| Post subject: | Re: Dodgers sold |
According to what I've read, this is the biggest sale of ANY pro sports team in North America. The one involving Magic Johnson's group buying the Dodgers for $2 billion. It's more than $845 million that the Ricketts Family paid to buy the Cubs, and according to CNBC's Darren Rovell, it would have been $1 billion had Wrigley Field been included in the sale. |
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| Author: | Rod [ Wed Mar 28, 2012 12:25 pm ] |
| Post subject: | Re: Dodgers sold |
SHARK wrote: According to what I've read, this is the biggest sale of ANY pro sports team in North America. The one involving Magic Johnson's group buying the Dodgers for $2 billion. It's more than $845 million that the Ricketts Family paid to buy the Cubs, and according to CNBC's Darren Rovell, it would have been $1 billion had Wrigley Field been included in the sale. Take a look at the TV deal the Padres- The Padres- just signed with Fox. Now imagine the cash when the Dodgers get their own regional network. |
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| Author: | bigfan [ Wed Mar 28, 2012 12:27 pm ] |
| Post subject: | Re: Dodgers sold |
Being that Magic's group is a shopping center development group, I am just expecting a mall attached to the ravine soon. |
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| Author: | SHARK [ Wed Mar 28, 2012 12:37 pm ] |
| Post subject: | Re: Dodgers sold |
Joe Orr Road Rod wrote: SHARK wrote: According to what I've read, this is the biggest sale of ANY pro sports team in North America. The one involving Magic Johnson's group buying the Dodgers for $2 billion. It's more than $845 million that the Ricketts Family paid to buy the Cubs, and according to CNBC's Darren Rovell, it would have been $1 billion had Wrigley Field been included in the sale. Take a look at the TV deal the Padres- The Padres- just signed with Fox. Now imagine the cash when the Dodgers get their own regional network. I think the Padres are going to be the centerpiece of the upcoming FOX Sports...San Diego? |
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| Author: | Rod [ Wed Mar 28, 2012 1:15 pm ] |
| Post subject: | Re: Dodgers sold |
SHARK wrote: Joe Orr Road Rod wrote: SHARK wrote: According to what I've read, this is the biggest sale of ANY pro sports team in North America. The one involving Magic Johnson's group buying the Dodgers for $2 billion. It's more than $845 million that the Ricketts Family paid to buy the Cubs, and according to CNBC's Darren Rovell, it would have been $1 billion had Wrigley Field been included in the sale. Take a look at the TV deal the Padres- The Padres- just signed with Fox. Now imagine the cash when the Dodgers get their own regional network. I think the Padres are going to be the centerpiece of the upcoming FOX Sports...San Diego? Yeah. I think there may be a hang-up with the Dodgers and their Fox contract and Time/Warner spinning off, but eventually they'll have their own station and it will be bigger than San Diego's. |
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| Author: | SHARK [ Wed Mar 28, 2012 1:18 pm ] |
| Post subject: | Re: Dodgers sold |
The Frank McCourt story appears far from over. Feast your eyes on the following from SportsByBrooks: http://www.sportsbybrooks.com/dr-selig- ... ster-29647 |
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| Author: | Big Chicagoan [ Wed Mar 28, 2012 1:19 pm ] |
| Post subject: | Re: Dodgers sold |
McCourt bought the team, the stadium, and 240 acres around the stadium in 2004 for $371M. He is now the most financially successful owner in sports history. |
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| Author: | 312player [ Wed Mar 28, 2012 1:23 pm ] |
| Post subject: | Re: Dodgers sold |
way overpaid |
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| Author: | Rod [ Wed Mar 28, 2012 1:25 pm ] |
| Post subject: | Re: Dodgers sold |
312player wrote: way overpaid No. There are thirty of these assets in existence. The Dodger franchise is one of the best ones. I can tell you one thing, you're not going to see a guy like McCourt getting one of them again. |
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| Author: | 312player [ Wed Mar 28, 2012 1:29 pm ] |
| Post subject: | Re: Dodgers sold |
HA! as long as bud selig is the commish anything is possible.... and they could have paid 1.25 billion imo and gotten the team..this economy blows. |
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| Author: | Curious Hair [ Wed Mar 28, 2012 1:40 pm ] |
| Post subject: | Re: Dodgers sold |
SHARK wrote: According to what I've read, this is the biggest sale of ANY pro sports team in North America. The one involving Magic Johnson's group buying the Dodgers for $2 billion. It's more than $845 million that the Ricketts Family paid to buy the Cubs, and according to CNBC's Darren Rovell, it would have been $1 billion had Wrigley Field been included in the sale. I was led to believe the Rickettses did buy Wrigley Field outright. I don't see anything that says the Tribune still owns it. Over $2 billion for a baseball team is abject insanity. What does this do to the value of the Yankees? Joe Orr Road Rod wrote: I believe that McCourt was making a lot of noise about suing MLB regarding the way he was treated vs. the way their fellow owners treated Wilpon and suggesting that Jerry and the boys were discriminating because McCourt isn't Jewish. That's an interesting point, as Wilpon has gotten off awfully lightly for driving the Mets headlong into disaster, but I don't know that the MLB owners are overwhelmingly Jewish. |
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| Author: | Rod [ Wed Mar 28, 2012 1:41 pm ] |
| Post subject: | Re: Dodgers sold |
312player wrote: HA! as long as bud selig is the commish anything is possible.... and they could have paid 1.25 billion imo and gotten the team..this economy blows. Really? There were at least three groups in play including a Chinese billionaire and the guy that owns the Grizzlies and I think one with Trump's son-in-law. |
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| Author: | Rod [ Wed Mar 28, 2012 1:43 pm ] |
| Post subject: | Re: Dodgers sold |
Curious Hair wrote: SHARK wrote: According to what I've read, this is the biggest sale of ANY pro sports team in North America. The one involving Magic Johnson's group buying the Dodgers for $2 billion. It's more than $845 million that the Ricketts Family paid to buy the Cubs, and according to CNBC's Darren Rovell, it would have been $1 billion had Wrigley Field been included in the sale. I was led to believe the Rickettses did buy Wrigley Field outright. I don't see anything that says the Tribune still owns it. Over $2 billion for a baseball team is abject insanity. What does this do to the value of the Yankees? I'd say the Yankees are probably worth about $4 billion. There are various general partnerships owning shares. Some of them also share ownership of the TV network and concessionaire and the newer ones are just for the team itself. |
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| Author: | Curious Hair [ Wed Mar 28, 2012 1:44 pm ] |
| Post subject: | Re: Dodgers sold |
Stan Kroenke was also making noise about buying the team, which would've meant the triumphant return of the Los Angeles Rams. I still think that's going to happen eventually, though. |
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| Author: | SHARK [ Wed Mar 28, 2012 1:45 pm ] |
| Post subject: | Re: Dodgers sold |
Curious Hair wrote: SHARK wrote: According to what I've read, this is the biggest sale of ANY pro sports team in North America. The one involving Magic Johnson's group buying the Dodgers for $2 billion. It's more than $845 million that the Ricketts Family paid to buy the Cubs, and according to CNBC's Darren Rovell, it would have been $1 billion had Wrigley Field been included in the sale. I was led to believe the Rickettses did buy Wrigley Field outright. I don't see anything that says the Tribune still owns it. Over $2 billion for a baseball team is abject insanity. What does this do to the value of the Yankees? Joe Orr Road Rod wrote: I believe that McCourt was making a lot of noise about suing MLB regarding the way he was treated vs. the way their fellow owners treated Wilpon and suggesting that Jerry and the boys were discriminating because McCourt isn't Jewish. That's an interesting point, as Wilpon has gotten off awfully lightly for driving the Mets headlong into disaster, but I don't know that the MLB owners are overwhelmingly Jewish. CH, I don't know what to tell you about the Yankees. I don't think the late George Steinbrenner paid all that much when he bought the Yankees from CBS, circa 1973. |
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| Author: | Rod [ Wed Mar 28, 2012 1:47 pm ] |
| Post subject: | Re: Dodgers sold |
SHARK wrote: That's an interesting point, as Wilpon has gotten off awfully lightly for driving the Mets headlong into disaster, but I don't know that the MLB owners are overwhelmingly Jewish. The one that counts the most is. |
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| Author: | Curious Hair [ Wed Mar 28, 2012 1:48 pm ] |
| Post subject: | Re: Dodgers sold |
Steinbrenner paid a relative pittance, something like the Trib buying the Cubs for like $20 million. $10 million! Joe Orr Road Rod wrote: The one that counts the most is. Well, that's true, yes. |
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