|
|
|
|
Baseball Primer Newsblog— The Best News Links from the Baseball Newsstand
Monday, January 30, 2012
VAYA AL INFIERNO, JOHN KENNEDY!!!

“It just didn’t work out. I wanted to buy a baseball team; they were selling a media rights deal,” Cuban said, alluding to the fact that the Dodgers’ TV rights are up for sale and obviously a big part of the purchase price.
He then elaborated: “The economics got so out of control because the Dodgers’ TV deal’s up for bid and so there’s a lot of groups coming in going, ‘This TV deal’s worth so much money that we’re gonna pay whatever it takes to get the Dodgers.’ And so they’re buying the TV rights deal first and the team second,” Mark said.
It’s a bit of a head-scratcher to come at it from this angle, because buying a baseball team is a huge package deal. Every team has TV rights. If they didn’t, revenues would be a lot lower. Basically, Cuban’s bid was far too low and he thinks the other bids are too high.
|
Support BBTF
Thanks to phredbird for his generous support.
Bookmarks
You must be logged in to view your Bookmarks.
Hot Topics
Hall of Merit: Most Meritorious Player: 1973 Discussion (15 - 12:13am, May 26)Last: DanGNewsblog: Wilmoth: Nate McLouth Designated For Assignment (11 - 12:03am, May 26)Last: The Gurus DO NOT BourbonSamuraiNewsblog: Bud Selig -- No need for more MLB replay for now - ESPN (86 - 11:59pm, May 25)Last: cardsfanboyNewsblog: The Hall of Very Good: Former Cards Slugger Critical of "LaRussa's Regime" (4 - 11:26pm, May 25)Last: cardsfanboyNewsblog: CSN to host ‘Phillies at the Beach’ on Memorial Day (18 - 11:25pm, May 25)Last: Fielder's the first baseman, Felder is the fielderHall of Merit: Most Meritorious Player: 1972 Ballot (28 - 11:25pm, May 25)Last: lieiamSox Therapy: A Winning Ballclub? (20 - 11:24pm, May 25)Last: DanNewsblog: Matschulat: Did I Miss The "Paul Konerko Is So Overrated OMG" Bandwagon? (27 - 11:16pm, May 25)Last: baudibNewsblog: TBO: Nerdy Rays head north (17 - 10:07pm, May 25)Last: PreservedFishNewsblog: Himrich’s Top Ten Target Field Foods (6 - 9:57pm, May 25)Last: Long John McCaine Mutiny on the Bounty (scott)Newsblog: T.R. Sullivan: Of Frank Robinson, Milt Pappas and Jim Palmer (6 - 9:42pm, May 25)Last: TR_SullivanNewsblog: Dodgers want to host NHL's Winter Classic (22 - 9:38pm, May 25)Last: Cris ENewsblog: Boston.com: Curt Schilling’s 38 Studios lays off all staff (117 - 9:36pm, May 25)Last:  Teufel's GraveyardNewsblog: Greenberg: Cubs' Ricketts decries proposal (817 - 9:08pm, May 25)Last:  The Yankee ClapperNewsblog: HP: Baseball is leaving the human factor behind (55 - 8:48pm, May 25)Last: Squash
|
|
Reader Comments and Retorts
Go to end of page
Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.
1. RoyalsRetro (AG#1F) Posted: January 30, 2012 at 09:30 PM (#4049983)Well yea Mark. Have you seen this team? Mark Ellis is the starting second baseman. MARK ELLIS! You're not spending $1.5 billion for Mark Ellis.
Basically, Cuban either had no idea how to value what he was bidding on or just wanted his name in the press as a bidder but never had any intention of paying what it would take to close the deal.
The buzz around here is that the bidding may reach $2 billion which would allow Frank McCourt to settle all his debts and still walk away a billionaire.
I may have been one of five people in the audience who knew who he was, but Wayne Brady, Colin Mochrie, etc. extracted plenty of laughs anyway. Fred Willard hosted; I think the working title was 'Trust Us With Your Life', or similar. Worth a look if you like that kind of thing.
I don't think it even reaches $1.5 billion. No way it gets to $2 billion.
So this is why they're taking their time with this. They're putting Boras in charge of the sale, but had to wait until he got Prince settled away.
Cuban is an actual businessman. Broadcast.com was his 3rd or 5th successful business IIRC, and when he sold it he immediately collared the Yahoo stock he was given to lock in it's vastly over-inflated price.
He understands what businesses are really worth, and he's not interested in overpaying, even for a sports team. My guess is the "winner" isn't going to see a profit out of this for a long time waiting for revenues and cash flow to grow enough to justify their purchase price.
Maybe, but the Texas Rangers, with their new tv deal, look like a bargain in hindsight and he thought they were overpriced, too. I suspect his heart just isn't in it.
i'm not saying it hasn't been said, but i haven't heard that anywhere. i have heard $1.5 billion ... so ... who knows? tell you what, though. those kinds of bids better have the parking lots as part of the deal. i'd be really surprised if anybody is willing to pony up that much money and still have to deal with mccourt.
Various writers are claiming the bidding is already at $1.5 billion, but since last week's bids were non-binding, it's impossible to tell how much the numbers mean at this point.
Well at the time, Cheesecake Factories were far more profitable than Yahoo....
You must be Registered and Logged In to post comments.
<< Back to main