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Baseball Primer Newsblog— The Best News Links from the Baseball Newsstand
Saturday, April 21, 2012
There you are, Madoff…the people, try and lick that!
The flood of pre-season obituaries (and the patronizing dismissals of their surprising start) makes it seem that the only question about this year’s Mets is how humiliating their last place finish will be. But I think the pundits are dead wrong. And it’s shocking to me that a different narrative hasn’t yet emerged: that this is the most engaging Mets team of the last 25 years.
...Now the only wrinkle in this Capresque fantasy of a true hometown squad is itself an element from the films of Frank Capra: the greedy crybaby millionaire owners and their sordid ponzi scheme-smoking (but not inhaling) ways. Because the great irony of this fantasy team is that they’re not the product of some quixotic corporate gesture (an oxymoron) but the entirely unwanted consequence of incompetent ownership tottering near bankruptcy.
So I have a solution in keeping with the times (if more fitting for Preston Sturges): Occupy Mets!
Let 10 million fans (are there even a million of us left?) contribute 100 dollars each and let’s buy the team. We’ll make it the first of what will come to be known as the Great Sports Fans’ Revolt. We’ll buy the team as a class action 99 percent-er protest. We’ll let Sandy Alderson (a Hawksian hero) stay for four years as a kind of caretaker government (a classic in any transition from dictatorship to democracy). Then we’ll hold elections every four years for a new president to govern Metsland. Let the players get a handsome share of the gate, TV and promotional revenues (they’re entertainers at the highest level after all) and we, the 10 million, will split the rest. Hey, if my daughter Capitu is right, baby faced Miguel Tejada dolls will sell like hotcakes among the Barbie set. And they’ll never have to give them up. Metstopia!
Repoz
Posted: April 21, 2012 at 07:23 AM | 8 comment(s)
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1. Bhaakon Posted: April 21, 2012 at 08:04 AM (#4112042)Leaving aside the fact that MLB would never permit this type of ownership, the idea of electing team management every 4 years is simply wrong-headed. It would guarantee the kind of short-term thinking which has hobbled the club in recent years. Most people look at things in a binary fashion: good/bad, win/lose, success/failure. The sort of careful building a team like the Mets needs in order to become a consistent contender is going to be invisible to most fans (I include myself here; most of us don't really follow the minors, so we don't know who the real "prospects" are until they begin to contribute at the major league level), and since it won't result in quickly obvious dividends, it will be branded a failure even if its farm system is loaded.
He should have his kids taken away before they become Metsochists. :)
Yes. The NFL requires each team to have at least one owner holding a 1/3 or larger stake.
The biggest problem with the situation described from a league's POV is that the team's finances would either be public, or available to a large enough number of people that a leak would be inevitable. Though I'm sure there are plenty of other more minor inconveniences. How do you discipline a person who owns 1/100000th of a team? How would Bud schmooze and control a team president who is, ultimately, answerable only to his shareholders?
Without being an expert on all the ownership situations around the league, the Giants may be closest to the described setup, in that they have a large number of minority owners with a disproportionate amount of power. Both Magowan and Neukom were minority owners, and current managing general partner Larry Baer is a career team exec with only a token share in the team. This situation has been exacerbated over the last few years as the biggest shareholders, Harmon and Sue Burns (who always seemed content to remain silent on team affairs, at least publicly), passed away. Bud has had a difficult time bending the team to his will over the years, clashing both over their publicly funded stadium and now with the A's territorial situation, probably in part because it's more difficult to politic a gaggle of owners than one.
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