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Wednesday, May 02, 2012

ESPN: New Dodgers owners take over

Flashing his trademark smile at an introductory news conference on Wednesday, Johnson said: “Frank’s not here anymore. We should be clapping for just that.”

In a move that some will see as ironic, the Dodgers announced that general parking prices are being reduced from $15 to $10. McCourt’s companies made much of their money in the parking lot business, and he still owns the rights to half the lots around Dodger Stadium.

McCourt was barely mentioned by name during the media gathering, but Walter made it clear that his group isn’t beholden to the former owner.

” Every aspect of this operation in this ravine is managed and controlled by us,” he said. “All of the revenues go to this organization. To be clear and not to be hiding anything, the former ownership does have an economic interest in the profits that might come from a potential development in the future. Other than that this is ours. This is our land and we manage it.”

Said Johnson: “We own it 100 percent. We want to be clear with it. [McCourt] doesn’t get a dime from the parking.”

Kasten, who will act as the president and CEO of the franchise, spoke passionately about improving the fan experience. He asked that fans send in suggestions through email at fanbox@ladodgers.com.

Tripon Posted: May 02, 2012 at 07:56 PM | 9 comment(s) Login to Bookmark
  Tags: dodgers, economics, history, media

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   1. Gold Star - just Gold Star Posted: May 02, 2012 at 09:27 PM (#4122182)
Apparently, the Magic Show's first signing may be... wait for it... Bobby Abreu.

And I'm fine with that (provided the Angels are footing most of the bill); the team needs a LF patch and power from the bench. He'll do.
   2. Morty Causa Posted: May 02, 2012 at 09:33 PM (#4122184)
I read that as "New Dodgers owner takes 'cover'".
   3. Tripon Posted: May 02, 2012 at 10:51 PM (#4122249)
Considering the Angels waived Abreu, they'll likely pay all of the salary. The Dodgers will probably wait out the waiver period just to be sure.
   4. McCoy Wilfong for Money Posted: May 02, 2012 at 11:29 PM (#4122273)
Funny how all those Dodgers' fans were fretting about how Magic was sitting next to McCourt.
   5. The Mohole* of David Wells (* - Piehole) Posted: May 03, 2012 at 01:22 AM (#4122313)
Wow. I love dissing McCourt so publicly. That'll win back some fans.
   6. Walt Davis Posted: May 03, 2012 at 02:18 AM (#4122327)
Meet the new boss, same as the old boss.

Oh, wait, probably not.
   7. Robert in Manhattan Beach Posted: May 03, 2012 at 05:04 AM (#4122339)
“We own it 100 percent. We want to be clear with it. [McCourt] doesn’t get a dime from the parking.”

He'll just have to make it work with the billion he made from sale of the team. You guys really stuck it to him by overpaying by $500 million.
   8. phredbird Posted: May 03, 2012 at 02:52 PM (#4122694)
they've already lowered the parking to $10 from $15 that mccourt had put in a couple of years ago. that is going to get them a bunch of good will ...
   9. Jeff Frances the Mute Posted: May 03, 2012 at 03:01 PM (#4122708)
I thought that the highlights of the press conference were Magic basically telling Plaschke to shut up about McCourt and the parking lots and Kasten inferring that they are going to spend a lot of money internationally and on free agents.

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