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.
The Red Sox have clinched the AL East for a third consecutive season, beating the Yankees 11-6 in the Bronx on Thursday night. It’s the third consecutive season in which the Red Sox have won the division, the first time that’s ever been done in club history. In fact, the only other times the Red Sox won the division in back-to-back years were 1903-04 and 1915-16.
AL MVP candidate Mookie Betts went 4-for-5 with a two-run single in the second inning off of Masahiro Tanaka and a three-run homer in the eighth against Aroldis Chapman to put the game out of reach. Jackie Bradley and Brock Holt also hit homers. Red Sox starter Eduardo Rodriguez was on the hook for five runs in 3 2/3 innings, but three of them scored when Heath Hembree inherited a bases-loaded situation, then served up a grand slam to Giancarlo Stanton in the fourth. The rest of the bullpen combined to fire five scoreless innings. Steven Wright had three of them followed by zeroes from Ryan Brasier and Craig Kimbrel.
With the loss, the Yankees’ lead over the Athletics for the first Wild Card slot shrinks to 1.5 games. Meanwhile, the Red Sox will try to clinch home field advantage throughout the playoffs. With a 104-49 record, their closest competitor is the 95-57 Astros. With nine games remaining in the regular season for the Red Sox, they would have to lose every game remaining in the regular season and the Astros would have to win their 10 remaining games in order to fail to claim home field advantage.