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#1 |
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Member
Join Date: Apr 2000
Location: Newport Beach, CA
Posts: 7,943
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Frank McCourt agrees to sell Dodgers
....says he inquired several months ago about the Dodgers, but lost interest when team owner Frank McCourt valued the club at $1 billion.
It was, at least to me, an intresting article in the way Cuban valued the Dodgers and also percieved the costs of reviving the franchise. http://www.latimes.com/sports/la-sp-...wed+Stories%29
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#2 |
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Member
Join Date: Apr 2000
Location: Newport Beach, CA
Posts: 7,943
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Follow up story: McCourt agrees to sell he Dodgers
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#3 |
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Member
Join Date: Apr 2000
Location: Newport Beach, CA
Posts: 7,943
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Re: Cuban offered to buy Dogers but price was too high
http://latimesblogs.latimes.com/dodg...gers-sale.html
The Blackstone Group is a financial firm that makes both leveraged buyouts and advises on mergers/acquisitions.
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#4 |
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Where's my chair?
Join Date: Apr 2000
Posts: 19,790
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Re: Cuban offered to buy Dogers but price was too high
Wow.. asking price was 1-1.2 billion.. That's a bit steep considering how leveraged the Dodgers are.. It will be interesting to see what they are finally sold for.
I wonder if Cuban got the asking price from John Allen
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Thank you Walt and Bob for going for it in 2012 AND 2013! ![]() Nov. 13, 2007: One of the greatest days in Reds history: John Allen gets the boot!
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#5 |
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Member
Join Date: Apr 2000
Location: Newport Beach, CA
Posts: 7,943
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Re: Cuban offered to buy Dogers but price was too high
RR: I've seen a couple of articles that speculate that, if the bidding gets frenzied, that the Dodgers could go as high as $1B. I'll try to see if I can find them again.
That aside, if the Dodgers don't get a new owner until Opening Day that's a big opening in the free agent market. If a team like the Reds can find a way to take advantage of one less big money player it might be a window of opprtunity for them. Rem
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#6 |
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Rally Onion!
Join Date: May 2000
Location: Cincinnati, OH
Posts: 33,221
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Re: Cuban offered to buy Dogers but price was too high
McCourt's Revenge: Selling to Marc Cuban.
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#7 |
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Member
Join Date: Apr 2000
Location: Newport Beach, CA
Posts: 7,943
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Re: Cuban offered to buy Dogers but price was too high
I've lost track; can an owner in MLB also own, say, another major sport like, for example, and NBA frnachise?
Rem
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#8 |
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Member
Join Date: Apr 2000
Location: Newport Beach, CA
Posts: 7,943
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Re: Cuban offered to buy Dogers but price was too high
Can a mod change the headline to something like 'McCourt agrees to sell the Dodgers'? It's probably more germain to the subject at this point.
Rem
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#9 |
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CELEBRATION TIME
Join Date: Apr 2000
Location: San Marcos, CA
Posts: 13,939
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Re: Cuban offered to buy Dogers but price was too high
I think Cuban has mellowed a little bit. However, I believe MLB owners may consider Cuban riff-raff and the wrong side of their politics as it is an exclusive club.
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#10 |
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Redsmetz
Join Date: Feb 2006
Location: Winton Place
Posts: 10,450
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Re: Cuban offered to buy Dogers but price was too high
No offense meant to the OP, but could a Mod fix the spelling of Dodgers in the title?
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#11 |
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Et tu, Brutus?
Join Date: Jul 2006
Location: Atlanta, Ga.
Posts: 8,928
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Re: Cuban offered to buy Dogers but price was too high
Most definitely they can. I think baseball tends to dissuade it, but there's nothing stopping an owner of another sports franchise owning a baseball team.
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"No matter how good you are, you're going to lose one-third of your games. No matter how bad you are you're going to win one-third of your games. It's the other third that makes the difference." ~Tommy Lasorda |
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#12 |
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Stat Wanker Hodiernus
Join Date: Dec 2004
Location: Chicago, IL
Posts: 14,915
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Re: Cuban offered to buy Dogers but price was too high
Is the bidding process binding?
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Games are won on run differential -- scoring more than your opponent. Runs are runs, scored or prevented they all count the same. Worry about scoring more and allowing fewer, not which positions contribute to which side of the equation or how "consistent" you are at your current level of performance. |
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#13 |
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Member
Join Date: Apr 2000
Location: Newport Beach, CA
Posts: 7,943
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Re: Cuban offered to buy Dogers but price was too high
All I know is what I've seen in the articles I've mentioned above but I would still think that MLB (meaning PudBud)will have a choice of which bidder would be acceptable. In that case I can see the highest bidder not necessarily geting the win.
Rem
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#14 |
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Resident PED Expert
Join Date: Feb 2008
Location: Washington, PA
Posts: 1,366
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Re: Cuban offered to buy Dogers but price was too high
Which means Cuban has a snowballs chance. Such a shame.
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If you can't be a good example... then you'll just have to be a horrible warning... Nothing tastes as good as being fit feels... |
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#15 |
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Et tu, Brutus?
Join Date: Jul 2006
Location: Atlanta, Ga.
Posts: 8,928
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Re: Cuban offered to buy Dogers but price was too high
Correct. Baseball and the owners can both reject a prospective bidder. New owners have to be approved by a super majority, if memory serves me correct.
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"No matter how good you are, you're going to lose one-third of your games. No matter how bad you are you're going to win one-third of your games. It's the other third that makes the difference." ~Tommy Lasorda |
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