$2.15 billion for the Dodgers? Mercy


Frank McCourt bought the Los Angeles Dodgers for $430 million in 2004.  Then he chopped his team up, poured kerosene all over it, torched it, and then peed on it while the flames rose higher and higher and he still realized a 500% appreciation of his asset in less than eight years.

Bernie Madoff was inventing investment returns from whole cloth and even he didn’t have the guts to do that. Would have been far too ridiculous. Meth dealers don’t get that kind of return.  Maybe the cash doesn’t flow in as much as some owners would like, but they are all sitting on crazy-appreciating assets. Owning a baseball team is a license to print money, even if you haven’t a clue of what you’re doing.

So I guess what I’m saying is, the next time you hear the owner of a major league baseball team cry poor, the next time you hear an owner say that they can’t sign that player everyone likes, the next time you hear an owner say that the taxpayers need to give him a publicly-funded ballpark or else the world will end, please remember the $2.15 billion sale of the Los Angeles Dodgers and kindly call b.s. on that noise.

Alex Dickerson to undergo Tommy John surgery

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Alex Dickerson, recently diagnosed with a sprained UCL in his left elbow, will undergo Tommy John surgery near the end of March, Dennis Lin of The Athletic reports. Dickerson tried to rehab the injury, but he didn’t show improvement. The surgery will likely end his 2018 season.

Dickerson, 27, missed the entire 2017 season due to a bulging disk in his back, undergoing surgery for that as well. Dickerson performed well in 84 games in 2016, batting .257/.333/.455 with 10 home runs and 37 RBI across 285 plate appearances.

Dickerson was hoping to earn a spot in the Padres’ crowded outfield, but will now concede that opportunity and hope to turn things around next year.