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View Full Version : Frank McCourt agrees to sell Dodgers


Fenway
11-02-2011, 04:31 AM
http://www.latimes.com/sports/la-sp-1102-dodgers-sale-20111102,0,4790881.story

The Dodgers and Major League Baseball issued a joint statement late Tuesday, confirming that owner Frank McCourt has agreed to sell the team. The statement follows:

"The Los Angeles Dodgers and Major League Baseball announced that they have agreed today to a court supervised process to sell the team and its attendant media rights in a manner designed to realize maximum value for the Dodgers and their owner, Frank McCourt. The Blackstone Group LP will manage the sale process."


http://www.latimes.com/sports/la-sp-plaschke-dodgers-20111102,0,6486918.column


Motormouth JT the Brick on FOX Sports radio thinks the new owner could well be Jerry Reinsdorf as a favor to Selig....and cites that Comcast selling the NBA Sixers last month clears up cash to be as a possible new owner of the White Sox....

TheOldRoman
11-02-2011, 10:05 AM
I imagine the guy picked Reinsdorf's name because he is known to be a Dodgers fan from his childhood. Still, I don't buy it. Reinsdorf only owns a small percentage of the team. Would he take the majority of his investors, many of who live in Chicago, with him to buy the Dodgers? Owning a team is more something you do because you like baseball, not just a way to get lots of money (unless you are buying the Pirates). I don't think Jerry would be able to get enough of his big investors to go in with him on the Dodgers deal. Still, even in that crazy scenario, the though of having a conglomerate like Comcast own the Sox is intriguing. I don't follow hockey all that closely, but I believe they have done a great deal with the Flyers. Sure, the Sixers suck, but you can't build an NBA champ unless you luck into drafting a superstar. I imagine Comcast would be a hell of a lot better owners than the Trib was. I would hate going to the customer service booth at the Cell, though.

soxinem1
11-02-2011, 10:34 AM
Do media conglomerates really have that good of a record of owning baseball teams?

FOX did a real number on the LAD, and while the Tribune spent more money on the team that previous cub owners, their insistence of using business people instead of baseball people seems to stop the teams from becoming consistent and realistic contenders.

Fenway
11-02-2011, 01:48 PM
I have always thought that if/when John Henry sells the Red Sox, Comcast would be a likely buyer.

Comcast pays NESN millions a month in rights fees as they are the major cable operator in Boston and southern New Hampshire.

Comcast pretty much let Ed Snider run the Flyers like he always had.


http://en.wikipedia.org/wiki/Ed_Snider


I do agree with JT Brick that Selig will handpick the new LA owner. I would not rule out Tom Werner and Larry Lucchino at this point, both of whom still own houses in SoCal.

russ99
11-02-2011, 02:19 PM
Is Bud moving the Dodgers to the AL Central?

g0g0
11-02-2011, 02:57 PM
There's already a Mark Cuban save us fan club out there on Facebook. I don't blame them though...

palehozenychicty
11-02-2011, 03:06 PM
Don't know what took Frank so long. He would've gotten more months back if he surrendered when Uncle Bud took control of operations. Oh well for him. Dodger games are fun. Somebody will take them to a higher level.

Sent from my iPhone using Forum Runner

Lip Man 1
11-02-2011, 03:24 PM
"Motormouth JT the Brick on FOX Sports radio thinks the new owner could well be Jerry Reinsdorf as a favor to Selig....and cites that Comcast selling the NBA Sixers last month clears up cash to be as a possible new owner of the White Sox...."

OK.........................:rolleyes:

Link please...

Lip

doublem23
11-02-2011, 03:31 PM
Link please...

Lip

It's hard to link from the radio

MisterB
11-02-2011, 04:28 PM
Do media conglomerates really have that good of a record of owning baseball teams?

FOX did a real number on the LAD, and while the Tribune spent more money on the team that previous cub owners, their insistence of using business people instead of baseball people seems to stop the teams from becoming consistent and realistic contenders.

CBS bought the Yankees in 1964 while they were on their way to a fifth consecutive World Series appearance, and damn near ran the franchise into the ground. They sold it to Steinbrenner & Co. 8 years later for about 3/4 of the amount they paid for it.

Fenway
11-02-2011, 04:37 PM
This is interesting.

The judge has told MLB that all bidders in the auction must be approved as an owner BEFORE it takes place - in other words MLB can not then not approve the winner.

http://www.nydailynews.com/sports/baseball/frank-mccourt-agrees-sell-los-angeles-dodgers-auction-bidders-pre-approved-mlb-article-1.971127

Lip Man 1
11-02-2011, 06:21 PM
Double:

Podcast perhaps?

Lip

Frater Perdurabo
11-02-2011, 08:52 PM
How about JR buys the Dodgers and Cuban buys the Sox? :)

Lip Man 1
11-02-2011, 09:57 PM
Peter O'Malley said tonight that he'd like to lead a group to buy the franchise and return as club president. ESPN.com has the story.

Lip

Fenway
11-02-2011, 10:11 PM
If the NY Daily News is correct ( and when it involves Selig Bill Madden usually is ) and the auction bidders have to be approved first it opens up a can of worms for Bud. Mark Cuban.

http://espn.go.com/los-angeles/mlb/story/_/id/7182604/dallas-mavericks-mark-cuban-interested-los-angeles-dodgers-right-price

The Peter O'Malley story is from the LA Times not ESPN

http://www.latimes.com/sports/la-sp-peter-omalley-20111103,0,4549505.story

AZChiSoxFan
11-03-2011, 01:36 PM
Given the Dodgers are my favorite NL team, I am of course thrilled with the news that they will have a new owner in place! It's a great day for the franchise and I'm glad to see this saga come to an end.

downstairs
11-04-2011, 02:37 PM
There's already a Mark Cuban save us fan club out there on Facebook. I don't blame them though...

I'd love to see Cuban get a team, especially in LA.

Fenway
11-04-2011, 02:52 PM
I'd love to see Cuban get a team, especially in LA.

The key is the bidders will factor in what the new Dodgers TV deal will be worth which may shatter records as FOX does not want to lose the team to the new Time-Warner (Lakers) channel. There is no CSN in LA as Comcast is not a big player in that market.

Fenway
11-06-2011, 12:00 PM
"Motormouth JT the Brick on FOX Sports radio thinks the new owner could well be Jerry Reinsdorf as a favor to Selig....and cites that Comcast selling the NBA Sixers last month clears up cash to be as a possible new owner of the White Sox...."

OK.........................:rolleyes:

Link please...

Lip

Motormouth is now saying a part owner of the White Sox is most likely to buy the Dodgers - Dennis Gilbert who I have never heard of until now but apparently is very, very close to JR.

He is listed as a special adviser to the White Sox but this FOX guy claims he owns a small part of the team.

http://mlb.mlb.com/cws/team/exe_bios/gilbert_dennis.html

His name is popping up in LA media
http://blogs.laweekly.com/informer/2011/11/dennis_gilbert_insurance.php

http://www.dailybreeze.com/news/ci_19266890

Fenway
11-16-2011, 10:25 PM
Rupert Murdoch tells Frank McCourt not so fast

http://espn.go.com/los-angeles/mlb/story/_/id/7243980/los-angeles-dodgers-say-fox-trying-interfere-sale

PalehosePlanet
11-16-2011, 11:57 PM
Motormouth is now saying a part owner of the White Sox is most likely to buy the Dodgers - Dennis Gilbert who I have never heard of until now but apparently is very, very close to JR.

He is listed as a special adviser to the White Sox but this FOX guy claims he owns a small part of the team.

http://mlb.mlb.com/cws/team/exe_bios/gilbert_dennis.html

His name is popping up in LA media
http://blogs.laweekly.com/informer/2011/11/dennis_gilbert_insurance.php

http://www.dailybreeze.com/news/ci_19266890

Seriously? He was a big time agent for a while.

Fenway
11-17-2011, 01:33 AM
Seriously? He was a big time agent for a while.

Oh I am sure I heard the name....but never gave him any thought.

Obviously JR likes him.