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This is what happens when your owner dies.


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13 hours ago, Can_of_corn said:

Yankees seem to be doing just fine.

Timing is everything. George died during the Bush Estate Tax roll back. He died the year there was 0 Estate Taxes. Saved the sons about 400 million in taxes IIRC. The Estate Tax is the reason that John Cooke sold to Redskins to Snyder.

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1 minute ago, MCO'sFan said:

Timing is everything. George died during the Bush Estate Tax roll back. He died the year there was 0 Estate Taxes. Saved the sons about 400 million in taxes IIRC. The Estate Tax is the reason that John Cooke sold to Redskins to Snyder.

Jack Kent Cooke left his estate to a trust fund that is used to fund an education charity. His children received almost nothing. 

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24 minutes ago, Larry18 said:

Jack Kent Cooke left his estate to a trust fund that is used to fund an education charity. His children received almost nothing. 

Your idea of "almost nothing" is a bit different than mine.   https://www.google.com/amp/s/www.washingtonpost.com/amphtml/lifestyle/magazine/john-kent-cooke-didnt-get-his-fathers-redskins-he-got-something-better/2017/02/01/b4f28f2a-d2c5-11e6-a783-cd3fa950f2fd_story.html

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On 7/26/2017 at 9:42 AM, interloper said:

This is a stupid, stupid thread. 

There is a point here, though. The circumstances of the owners' age and family present still another level of uncertainty about the future of the franchise. (That's unlike some other teams, where it's pretty clear that the owner's demise will or will not lead the estate to sell the team, and if it doesn't sell there should be plenty of money, after estate taxes, for the team to continue to run smoothly.) Those uncertainties may compound the challenge of finding a VP/GM to succeed Duquette, and may scare off some manager candidates as well.

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3 minutes ago, Roy Firestone said:

Just asking. If Peter Angelos is such a horrible owner...did the Orioles who made the playoffs in 3 out of the last 4 seasons just do that in spite of him?And how about his contributions, which are massive, to the community?I think the days of blaming Peter Angelos for anything and everything are gone. Blame someone else if you must,Maybe we can start with our pitchers...or is that Peter's fault too?

Peter is the last of a dying breed of baseball owner. He's the last of the Bill Veeck type, whose hands on approach either lead the team to stardom or nuked them for years to come. I still get the idea that he is a meddlesome owner, and was most likely breathing down DD's neck in 2013, 2015, 2016 and this year to do something at the deadline. Leopards don't change their spots, and I still think he's got a lot of sway in the FO, for better or worse. 

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7 minutes ago, Roy Firestone said:

Just asking. If Peter Angelos is such a horrible owner...did the Orioles who made the playoffs in 3 out of the last 4 seasons just do that in spite of him?And how about his contributions, which are massive, to the community?I think the days of blaming Peter Angelos for anything and everything are gone. Blame someone else if you must,Maybe we can start with our pitchers...or is that Peter's fault too?

What do his contributions to the community have to do with his ownership?

I'm betting that the state is paying more for OPACY, even now, than Angelos is donating to the community.

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