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1. Alberto Gilardino Posted: November 27, 2008 at 07:33 AM (#3016751)Jeez, talk about ass-backwards. Dickens wrote his books in part as a protest against the conditions that the poor found themselves in during the industrial revolution. He was one of the leading social advocates of his time, simply because his books were so popular, and did much to create awareness of those problems...
But my first impression was that Plaschke was saying "Who Runs this team? Some guy that thinks its his responsibility to use a large portion of the revenue he generates from fans to help out the poor, like Dickens"
Upon reflection I think your interpretation is more likely what Plaschke meant
Hmm, so it is immoral for a business to do some of its marketing by giving money to charity?
Typical not thought out Plaschke drivel.
Well, a privately owned company can do anything the owners want with it's profits. Of course, diverting payroll to charity is not really the way you do it. You set payroll to maximize profits, and then you do what you want with the profits, hell, give it all to charity if you want.
For a public company, management's only obligation is to maximize long-term shareholder value (within the bounds of law and ethics), so you'd have to argue that the charitable giving produces sufficient marketing benefit that it is in fact profit maximizing to give money to charity. For some businesses this is undoubtebly true, for others false.
I think that the most annoying thing, and the root of most of baseball's problems is the fans. Burke must have been a follower of baseball because the "great unwashed masses of humanity" is pretty apt I think.
Present company excluded of course
The right to observe baseball matches should be strictly limited to those who can make informed decisions about how they root for their team.
McCourt got a bunch of parking lots in South Boston, which has since become prime real estate. When courting Selig and MLB, Frank talked a big game about renovating South Boston along the waterfront as well as a new stadium for the Red Sox. In the 25 years that McCourt owned these parking lots, they have remained parking lots.
Outside of the parking lots, McCourt financed his $421 million purchase of the Dodger with debt. According to this article, the transfer of ownership of the Dodgers was most commonly reported as a sale. However, after closer inspection, it seems more like a foreclosure. McCourt owed Fox $145 million within two years after the transfer of ownership, but instead gave Murdoch his parking lots.
In March 2005, McCourt refinanced his $250 million short-term debt used to purchase the Dodgers (now a 25-year loan). The refinancing pays off the debt to Bank of America and the $71 million of seller financing by Murdoch. That's right, McCourt had to be loaned money by the person selling the team in order to complete the deal. This should have been a red flag right there.
Because of his questionable finances, McCourt has been raising ticket and parking prices. Now, ST ticket prices will be as high as $90. McCourt refused to take on any payroll at the deadline last season, which means he gave away some good prospects that he could have kept. Now there is this whole mess about donating money for public baseball fields. I would bet that if McCourt donated some money to charity, there would be some hefty tax breaks. Not only that, but an article yesterday at BTF said that there was another company who would be willing to match any money donated by McCourt up to a certain limit. Bottom line, if McCourt can get a mandate from the fans to improve the communities by means of these ballparks, he stand to save a lot of money than if he were to invest money in the Dodgers.
Baseball is better with 50,000 people cheering during the game. It's the one positive they bring. Maybe someday we'll be able to create some kind of artificial intelligence ambience program to simulate a cheering crowd and be done with them once and for all.
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