bigblaster said:Roger Lodge, on KTLA Morning News today, said he believes Magic is the owner to beat. He adds that he thinks the image of Magic Johnson, standing at an entrance to Dodger Stadium on April 10, greeting fans back as the new owner of the Dodgers would be great for the Dodgers, great for Los Angeles and great for baseball. Can't argue with that one!
shmolnick said:
bigblaster said:Roger Lodge, on KTLA Morning News today, said he believes Magic is the owner to beat. He adds that he thinks the image of Magic Johnson, standing at an entrance to Dodger Stadium on April 10, greeting fans back as the new owner of the Dodgers would be great for the Dodgers, great for Los Angeles and great for baseball. Can't argue with that one!
If I weren't an atheist, I'd say "from your mouth to God's ear."
DoppelgangBang said:Another great article from Shaikin:
http://www.latimes.com/sports/la-sp-dodgers-bidders-20120218,0,3057174.story
I think this is the round of bidding, now that the TRUE financials are out, where these ownership groups start to squeeze McCourt and drive down their bids. There's too many damn questions surrounding his continued involvement and having to keep him as a business partner. I don't like that three of the top bidders are considering involving him in developing the parking lots for either the Rams or a commercial center. I just want to be RID of this damn guy.
One good note from MLB is that they rejected the Padres' ownership financing, specifically because the new owner sought to take an up-front payment from a media company to help finance the purchase. They have to be setting the stage for the same type of hard-line stance against any potential new Dodger owner. What good is a new owner if that owner signs a deal with the devil (TWC/FSN) and trades future TV revenue for an up-front payment to finance the purchase ... then we're back to our old, disadvantaged selves.
Time will tell ... hopefully, some of these bidders get a bad taste in their mouth and walk away from McCourt, driving the price down and forcing him to include the lots. We'll see.
Chin Music said:
DoppelgangBang said:Another great article from Shaikin:
http://www.latimes.com/sports/la-sp-dodgers-bidders-20120218,0,3057174.story
I think this is the round of bidding, now that the TRUE financials are out, where these ownership groups start to squeeze McCourt and drive down their bids. There's too many damn questions surrounding his continued involvement and having to keep him as a business partner. I don't like that three of the top bidders are considering involving him in developing the parking lots for either the Rams or a commercial center. I just want to be RID of this damn guy.
One good note from MLB is that they rejected the Padres' ownership financing, specifically because the new owner sought to take an up-front payment from a media company to help finance the purchase. They have to be setting the stage for the same type of hard-line stance against any potential new Dodger owner. What good is a new owner if that owner signs a deal with the devil (TWC/FSN) and trades future TV revenue for an up-front payment to finance the purchase ... then we're back to our old, disadvantaged selves.
Time will tell ... hopefully, some of these bidders get a bad taste in their mouth and walk away from McCourt, driving the price down and forcing him to include the lots. We'll see.
I think it's a very real possibility that McCourt sticks around in some capacity after the sale. He's said multiple times that he considers LA to be his home and I have a sneaky suspicion that he would favor a bid from a group that would be willing to involve him in a non-Dodger capacity. Even to the point where he would accept a lower offer. This process has brought him into contact with some heavy hitters that are well capitalized and willing to invest in further development. If he could turn a tidy profit from the sale and also get involved in a project where outside financing is used to develop a football stadium or commercial center that he kept a piece of, he could really profit long-term. Scary, but true...
Im with you on this. I'm very worried McCourt will hang on to the land and still have a presence there. Too many stories a out him not selling the lots are mounting. Things could get messy up there.
BLUEFAN said:I've got a question or two ... why would the new owner be saddled with upwards of $500 million in loan payments and be "stuck" at Dodger Stadium until at least 2030. Wouldn't the loans be paid off as part of the bankruptcy sale/process. That's a lot of dough to be on the hook for after shelling out over $1 billion.
Secondly, how can the team be in such dire straits if a loan of that magnitude was taken out against the team? Where did the money go? Stadium improvements ... McCourts pocket ....
grabarkewitz said:
BLUEFAN said:I've got a question or two ... why would the new owner be saddled with upwards of $500 million in loan payments and be "stuck" at Dodger Stadium until at least 2030. Wouldn't the loans be paid off as part of the bankruptcy sale/process. That's a lot of dough to be on the hook for after shelling out over $1 billion.
Secondly, how can the team be in such dire straits if a loan of that magnitude was taken out against the team? Where did the money go? Stadium improvements ... McCourts pocket ....
Odds are that is one of the conditions of the sale that McCourt dropped on Selig. As for the money, I still think Frank has some "hidden assets" in the Caymans or Nauru where I am expecting several hundred million in ill-gotten gains are away from the IRS's prying eyes. The Cockroach is likely much better off than he had Bud Lite or others believing. The scary part is that he managed to keep Hot Lips from blabbing about it or he may have hidden it from her, also. I get a feeling that Frank could teach a course on embezzlement and how to get away with it.
ItTakesFaith said:
grabarkewitz said:
BLUEFAN said:I've got a question or two ... why would the new owner be saddled with upwards of $500 million in loan payments and be "stuck" at Dodger Stadium until at least 2030. Wouldn't the loans be paid off as part of the bankruptcy sale/process. That's a lot of dough to be on the hook for after shelling out over $1 billion.
Secondly, how can the team be in such dire straits if a loan of that magnitude was taken out against the team? Where did the money go? Stadium improvements ... McCourts pocket ....
Odds are that is one of the conditions of the sale that McCourt dropped on Selig. As for the money, I still think Frank has some "hidden assets" in the Caymans or Nauru where I am expecting several hundred million in ill-gotten gains are away from the IRS's prying eyes. The Cockroach is likely much better off than he had Bud Lite or others believing. The scary part is that he managed to keep Hot Lips from blabbing about it or he may have hidden it from her, also. I get a feeling that Frank could teach a course on embezzlement and how to get away with it.
We may yet discover Hot Lips floating in her own bathtub during the last week of April... must've been "distraught" over the demise of her marriage, we'd be told (with McCourt's alibi a bit suspicious!).
minndodger said:Former Dodgers owner Peter O'Malley has pulled out of the bidding for his old club, according to the LA Times.
DoppelgangBang said:Here's why I am SUPER excited about the 2012 season (considering this team looks worse than the 2011 version):
1.) I CAN ROOT FOR THE TEAM. Last season was absolutely horrible, because I found myself rooting for the team to do poorly to drive down revenue and squeeze McCourt out of town. That sucked. The #1 difference between 2011 and 2012 - I can actually be a Dodger fan again!2.) I can GO to the games. It's about DAMN TIME. I'm actually scheduled (potentially) to be in AZ for the start of ST and I am really hoping for some ownership changes, so that I can attend a ST game at Camelback worry-free.3.) New ownership means NO STRINGS attached to players acquired under the previous regime. Sometimes, this can be BAD, but considering that there's only 2-5 players on the guaranteed 25-MAN that I actually give a piss about, I'm looking forward to some dead wood being cut. If Rivera ain't cutting it, why not just DUMP HIM and throw Sands in ... or SVS ... or whoever! Same with the large amount of dead wood in the rotation, bullpen and on the bench (I'm looking at YOU, Adam Kennedy!).4.) We can actually SPEND money soon. This will (hopefully) change the game in terms of international signings and outreach, the draft (as much as possible under the new rules), and for acquiring talent at the deadline. We won't feel the true effect of this change likely until the off-season, but we should be able to be on the right side of a salary-dump this year!5.) I can finally buy a Dodger cap ... and lift my 2+ year ban ... and man, I am excited for a NEW OWNER.
Throwdeuce said:
DoppelgangBang said:Here's why I am SUPER excited about the 2012 season (considering this team looks worse than the 2011 version):
1.) I CAN ROOT FOR THE TEAM. Last season was absolutely horrible, because I found myself rooting for the team to do poorly to drive down revenue and squeeze McCourt out of town. That sucked. The #1 difference between 2011 and 2012 - I can actually be a Dodger fan again!2.) I can GO to the games. It's about DAMN TIME. I'm actually scheduled (potentially) to be in AZ for the start of ST and I am really hoping for some ownership changes, so that I can attend a ST game at Camelback worry-free.3.) New ownership means NO STRINGS attached to players acquired under the previous regime. Sometimes, this can be BAD, but considering that there's only 2-5 players on the guaranteed 25-MAN that I actually give a piss about, I'm looking forward to some dead wood being cut. If Rivera ain't cutting it, why not just DUMP HIM and throw Sands in ... or SVS ... or whoever! Same with the large amount of dead wood in the rotation, bullpen and on the bench (I'm looking at YOU, Adam Kennedy!).4.) We can actually SPEND money soon. This will (hopefully) change the game in terms of international signings and outreach, the draft (as much as possible under the new rules), and for acquiring talent at the deadline. We won't feel the true effect of this change likely until the off-season, but we should be able to be on the right side of a salary-dump this year!5.) I can finally buy a Dodger cap ... and lift my 2+ year ban ... and man, I am excited for a NEW OWNER.
I'm still perplexed as far as going to any games until the sale is completed. While we should know who is going to be the new owner by the end of April, exactly when they take over will be something different, and what I'm still concerned with. This is also why I think Ned will still be the GM through the trading deadlines and this year will be another wasted effort, since owner won't have the power to get rid of him until they take over, which I can see not being approved by the other owners come August or September at earliest. This also means McCourt is probably getting the profits for the tickets and parking almost all year.
DoppelgangBang said:
Throwdeuce said:
DoppelgangBang said:Here's why I am SUPER excited about the 2012 season (considering this team looks worse than the 2011 version):
1.) I CAN ROOT FOR THE TEAM. Last season was absolutely horrible, because I found myself rooting for the team to do poorly to drive down revenue and squeeze McCourt out of town. That sucked. The #1 difference between 2011 and 2012 - I can actually be a Dodger fan again!2.) I can GO to the games. It's about DAMN TIME. I'm actually scheduled (potentially) to be in AZ for the start of ST and I am really hoping for some ownership changes, so that I can attend a ST game at Camelback worry-free.3.) New ownership means NO STRINGS attached to players acquired under the previous regime. Sometimes, this can be BAD, but considering that there's only 2-5 players on the guaranteed 25-MAN that I actually give a piss about, I'm looking forward to some dead wood being cut. If Rivera ain't cutting it, why not just DUMP HIM and throw Sands in ... or SVS ... or whoever! Same with the large amount of dead wood in the rotation, bullpen and on the bench (I'm looking at YOU, Adam Kennedy!).4.) We can actually SPEND money soon. This will (hopefully) change the game in terms of international signings and outreach, the draft (as much as possible under the new rules), and for acquiring talent at the deadline. We won't feel the true effect of this change likely until the off-season, but we should be able to be on the right side of a salary-dump this year!5.) I can finally buy a Dodger cap ... and lift my 2+ year ban ... and man, I am excited for a NEW OWNER.
I'm still perplexed as far as going to any games until the sale is completed. While we should know who is going to be the new owner by the end of April, exactly when they take over will be something different, and what I'm still concerned with. This is also why I think Ned will still be the GM through the trading deadlines and this year will be another wasted effort, since owner won't have the power to get rid of him until they take over, which I can see not being approved by the other owners come August or September at earliest. This also means McCourt is probably getting the profits for the tickets and parking almost all year.
I don't think so ... McCourt's settlement with MLB includes that a new owner will be identified by at latest 4/1 and the sale will be finalized by 4/30. Each bidder in the final round will be pre-vetted by the MLB ownership committee and I think they will do everything in their power to move this process along. I'm not comfortable (quite yet) going to a ST game, but I think by the end of April all revenue will be directed away from McCourt's pockets. Hopefully, much sooner.
Throwdeuce said:
DoppelgangBang said:
Throwdeuce said:
DoppelgangBang said:Here's why I am SUPER excited about the 2012 season (considering this team looks worse than the 2011 version):
1.) I CAN ROOT FOR THE TEAM. Last season was absolutely horrible, because I found myself rooting for the team to do poorly to drive down revenue and squeeze McCourt out of town. That sucked. The #1 difference between 2011 and 2012 - I can actually be a Dodger fan again!2.) I can GO to the games. It's about DAMN TIME. I'm actually scheduled (potentially) to be in AZ for the start of ST and I am really hoping for some ownership changes, so that I can attend a ST game at Camelback worry-free.3.) New ownership means NO STRINGS attached to players acquired under the previous regime. Sometimes, this can be BAD, but considering that there's only 2-5 players on the guaranteed 25-MAN that I actually give a piss about, I'm looking forward to some dead wood being cut. If Rivera ain't cutting it, why not just DUMP HIM and throw Sands in ... or SVS ... or whoever! Same with the large amount of dead wood in the rotation, bullpen and on the bench (I'm looking at YOU, Adam Kennedy!).4.) We can actually SPEND money soon. This will (hopefully) change the game in terms of international signings and outreach, the draft (as much as possible under the new rules), and for acquiring talent at the deadline. We won't feel the true effect of this change likely until the off-season, but we should be able to be on the right side of a salary-dump this year!5.) I can finally buy a Dodger cap ... and lift my 2+ year ban ... and man, I am excited for a NEW OWNER.
I'm still perplexed as far as going to any games until the sale is completed. While we should know who is going to be the new owner by the end of April, exactly when they take over will be something different, and what I'm still concerned with. This is also why I think Ned will still be the GM through the trading deadlines and this year will be another wasted effort, since owner won't have the power to get rid of him until they take over, which I can see not being approved by the other owners come August or September at earliest. This also means McCourt is probably getting the profits for the tickets and parking almost all year.
I don't think so ... McCourt's settlement with MLB includes that a new owner will be identified by at latest 4/1 and the sale will be finalized by 4/30. Each bidder in the final round will be pre-vetted by the MLB ownership committee and I think they will do everything in their power to move this process along. I'm not comfortable (quite yet) going to a ST game, but I think by the end of April all revenue will be directed away from McCourt's pockets. Hopefully, much sooner.
I believe the completed date when I see it, just look at the Padres situation, and how long the Astros took. Hopefully if there's red tape to be still be cut, MLB will be running the team come May 1st before the new owner is officially approved, still Ned would be in the GM if that happened and forgot about a mid -season trade to make the team better.
grabarkewitz said:
minndodger said:Former Dodgers owner Peter O'Malley has pulled out of the bidding for his old club, according to the LA Times.
I am cheered by this. He knew that even if he put up the highest bid, he would never get Frank's approval. I think that same fate awaits Joe Torre, also. Joe may have not said anything, but he was working for Bud when the manure hit the fan and in Frank's twisted little mind, that is likely an indictment of Joe. I have said it once and I will say it again, Magic took the right tack by giving Frank a pat on the back and fluffing his ego. The only way that Magic loses this bid is if he actually says something derogatory about the Cockroach.
petro said:Team Torre/Caruso drop out because McCourt won't sell the parking lots!!
http://latimesblogs.latimes.com/dodgers/2012/02/rick-caruso-joe-torre-withdraw-from-dodgers-bidding.html
Throwdeuce said:Boras ploy to up ante?
McCourt has told people he has at least one bid in which the buyer would let him retain ownership of the parking lots.
Chin Music said:This is what I was afraid of. This man is a cancer and will never go away. I thought it was a negotiation ploy but he is banking on a bidder wanting it so bad they'd be willing to buy without the lots. Even if the team moves downtown McCourt can develop the land. What idiot would want to deal with him on a development? It will turn bad eventually. I hope something gives because this scenario is not good for fans or owners. I want to park my car on McCourt's head.
DoppelgangBang said:
Chin Music said:This is what I was afraid of. This man is a cancer and will never go away. I thought it was a negotiation ploy but he is banking on a bidder wanting it so bad they'd be willing to buy without the lots. Even if the team moves downtown McCourt can develop the land. What idiot would want to deal with him on a development? It will turn bad eventually. I hope something gives because this scenario is not good for fans or owners. I want to park my car on McCourt's head.
It's definitely easy to assume the worst where Frank McCourt is involved, but I agree that this reeks of a negotiating ploy. Everything, including the letter expressing a desire to reenter negotiations, was leaked to the press? McCourt wouldn't be the source. This sounds like a means of calling bullshit and broadcasting it to the other bidders. Time will tell, though...what role would Casden or Kroenke be comfortable allowing McCourt to hold in a future endeavor? That may be the pain threshold that wins the bidding. Ugh.
SamAdams said:Let's hope that the insistence on keeping the parking lots, impacts the sale tremendously. According to the LA Times, McCockroach has only one bidder who is willing to let him keep the parking lots. Hey, if Kroenke found out he was the only bidder willing to buy sans the lots, and this is a floating bid that can be changed, he'd drop his bid dramatically.
Parking Lot Attendant must accept a winning bid in a little over a month. I think this latest news was a shrewd move by Caruso/Torre to force McC's hand.
grabarkewitz said:but even a smart businessman like Kroenke isn't going to get into bed with a snake like McCourt or one would hope.
It needs to be made clear to all of the potential owners that keeping McCourt in the picture, IN ANY WAY, will hurt attendance and make it impossible to rehab the image of the team. I absolutely refuse to spend one red cent that might end up in McCourt's pocket.
bigblaster said:Generally, Steve Dillbeck is a stiff. BUT, here he is correct. It would be awesome and ballsy and it won't happen because somebody will cave.
bigblaster said:Generally, Steve Dillbeck is a stiff. BUT, here he is correct. It would be awesome and ballsy and it won't happen because somebody will cave.
Chin Music said:
Throwdeuce said:Boras ploy to up ante?
McCourt has told people he has at least one bid in which the buyer would let him retain ownership of the parking lots.
Source on this?
Let me rephrase then...
I will never send one red cent to ANY ORGANIZATION that might, in turn, give it to McCourt.
This is even worse, since I might have previously bought some Dodger gear, or spent money on concessions (if someone else was willing to pay for parking), etc. But, knowing that part of every dollar spent on the Dodgers in any way would end up in a lease payment to McCourt changes my mind about that.
If McCourt is involved, I'm out.
Think I"m crazy if you want, but I'm certainly not the only person who feels that way
It looks like you're new here. If you want to get involved, click one of these buttons!