The Dodgers have reached an agreement to be sold to Magic Johnson's bidding group, according to a baseball source. via Ken Gurnick

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Winning may not be everything, but losing has little to recommend it.

sold for 2 BILLION DOLLARS

https://twitter.com/#!/dkberman/status/ ... 9549698048

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Winning may not be everything, but losing has little to recommend it.

Frank McCourt School of Business:
Step 1- Buy baseball team with money you don't have.
Step 2- Screw the team up. Prefer to use a certain 4 letter word but don't think that is allowed here.
Step 3- Make $1.5 BILLION.

We need to elect this man president of the United States.

According to this ESPN article, McCourt will still make "several hundred million dollars" even after all the debts/etc. are paid off. Amazing that someone can run a business that badly and still make an enormous profit. Sigh...

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Greinke good, uniforms bad.

Well...if he made that much money, not sure if he ran it that badly. Isn't the point of business to make money ?

Of course if you are not concerned with dignity, legacy, class, etc, it's a lot easier.

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Good depth often has to come from within, in the form of younger talent. Depth is hard to build overnight, but it’s easy to deplete. Jeff Sullivan

$2 Billion and you only get 1/2 of the parking lots.

SUCKERS.

Jayson Stark on the Dodgers new ownership and what it means. Uh oh.

1. There will actually be money in the baseball budget again. (What a concept.) So the Dodgers figure to be extremely aggressive at the trading deadline if they're in contention, especially if there's a team looking to dump a big salary that cares more about payroll relief than getting a big player haul back.

2. The Dodgers are likely to begin a major push to get back involved in Latin America and the international talent market. Once, the Dodgers were the dominant franchise in those circles. And their current front office has been trying for several years to re-establish that dominance. But ownership consistently shot down those efforts. And the result, according to Baseball America, is that the Dodgers ranked dead last in the major leagues in international signings last year, at just $177,000. No other franchise was within $600,000 of them. That'll change.

3. One baseball official predicted the new owners would move quickly to "revitalize" Dodger Stadium, which has deteriorated almost to embarrassing depths under McCourt. No construction projects would begin in-season. But expect immediate enhancements to stadium security and ambiance.

And that, thankfully, will be just the beginning. The goal of the new owners will be this: To transform this team back into being one of this sport's elite franchises.

This sucks...probably good for baseball, but it will make things tougher for us.

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"A baseball game is simply a nervous breakdown divided into nine innings" - Earl Wilson

We can always compete for that extra Wild Card spot.

This one means nothing. Thanks to the new CBA you can spend very little in the draft or international signings without being penalized. Every team is going to be on the same step.

You're right, of course. I was speaking in terms of ethics/integrity.

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Greinke good, uniforms bad.

Money talks and ..........

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Might be the greatest post in the history of this board

Deal in Trouble ?

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Good depth often has to come from within, in the form of younger talent. Depth is hard to build overnight, but it’s easy to deplete. Jeff Sullivan

If this falls through....wow

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"A baseball game is simply a nervous breakdown divided into nine innings" - Earl Wilson

More here on this deal being up in the air

http://dealbook.nytimes.com/2012/04/09/ ... by-others/

If this falls apart, I think the organization may start a tailspin, which would ultimately be good for any of their divisional rivals. On XM I was listening to one of the Dodger's games for a little while to see if they were going to talk about the sale, and the announcers seemed quite full of themselves talking about the potential ramifications of being flush with cash (they can go on a spending spree for big talent) and having Magic's name attached. If that all goes away, wow.

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"Grit Happens"
YBC-Dog, DBBP

"There's NO Crying in Baseball"
Tom Hanks- "A League of Their Own"

Baseball embarrasses itself again and again. This looks to turn into a larger McCourt mess.

http://dealbook.nytimes.com/2012/04/09/ ... by-others/

this just gets better

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Might be the greatest post in the history of this board

Regardless of their track record, if I had any holdings in Guggenheim, I would have concerns about how the money was being "invested."

State insurance regulators where Guggenheim does business would do well to look into this situation.

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Meet the new FO... Same as the old FO. The bag may be permanent.