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03-27-2012 11:28 PM #1
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Dodgers Sold to Magic Johnson, Stan Kasten for $2 Billion
Per WRC's Dan Hellie. Details to come....
Edit: Blurb....
http://espn.go.com/los-angeles/mlb/s...-johnson-groupLast edited by Don Quixote; 03-27-2012 at 11:33 PM.
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03-27-2012 11:38 PM #2
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2 BILLION DOLLARS !!! Holy crap !! Does that include the parking lot? Hot Dog and Peanut Vendors?
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03-28-2012 12:32 AM #3
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I'm glad it has been resolved and McCourt is gone. Now the team can move forward and regain their position among the elite teams.
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03-28-2012 01:09 AM #4
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Wow. McCourt looks to clear a billion dolars after paying off his wife and lawyers and he gets 150 million in land around the stadium.
Originally Posted by sangar
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03-28-2012 01:29 AM #5
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Good work if you can get it.....wow pretty much says it all Originally Posted by CA-ORIOLE
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03-28-2012 01:30 AM #6
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First, that's some serious cash. English-soccer-franchise money. Are we sure there isn't a shady Arabian oil sheik or Russian steel tycoon involved?
Second, how many variations of a "Do You Believe In Magic" theme will we see and hear tomorrow?
Finally, Frank McCourt finally has some real money to play with...but nowhere to play. What a shame (note: not at all a shame).
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03-28-2012 08:35 AM #7
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It's kind of sad that a franchise can be so badly mismanaged and yet the guy who is responsible makes a huge profit due to circumstances he didn't really do anything to create.
I do worry whether this is a good deal for baseball. Will the new owners be cash-strapped after paying this exhorbitant sum for the team? If so, the Dodgers will be right back in the soup.
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03-29-2012 12:52 AM #8
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It does not include the parking lots. Seems pretty dumb to pay all that money and not get the lots. What if McCourt decides to build something else there?? Are the fans going to get bused up to the game? That'd be freaking ridiculous. Originally Posted by CA-ORIOLE
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03-29-2012 01:06 AM #9
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Yeah, he gets the parking lots and the surrounding land and apparrently has plans to build malls around the stadium. I'm sure there is a provison about the lots being available for games. What a deal !! Originally Posted by byrdz
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03-29-2012 03:51 PM #10
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Kinda surprised this tidbit hasn't gotten much pub on O's fanboards...
http://baltimore.cbslocal.com/2012/0...rth-2-billion/
Jim Duquette, former O's exec and host of 105.7 THE FANs Baltimore Baseball Tonight, joined The Norris & Davis Show this morning. He said having Mr. Angelos on the committee was no coincidence.
He (Peter Angelos) has been shown two or three high-worth individuals that would like to buy into the club. Not for $2 billion for the Orioles, but, if Peter decides he wants to sell, Major League Baseball just showed him the keys to a couple individuals of high net worth that have the money that would want to buy. I don't think it was a coincidence he (Peter Angelos) was on that board.Last edited by ADZ23; 03-29-2012 at 03:53 PM.
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03-30-2012 10:04 AM #11
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A bit more on the parking lot situation....
http://espn.go.com/los-angeles/mlb/s...rs-sources-say
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