$2.15 billion for the Dodgers? Mercy

49 Comments

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.

Report: Phillies, Giants interested in Jeurys Familia

Rich Schultz/Getty Images
Leave a comment

ESPN’s Buster Olney reports that the Phillies and Giants are among the teams interested in Mets closer Jeurys Familia. Olney adds that the Phillies may prefer to wait to see what happens on the Manny Machado and Zach Britton fronts before moving on to Familia.

Familia, 28, has racked up 17 saves with a 2.88 ERA and a 43/14 K/BB ratio for the Mets this season across 40 2/3 innings. It’s been a good bounce-back year after struggling and battling a blood clot in his right shoulder in 2017.

Familia would be a rental for any team that would acquire him, as he’s a free agent after the season. Regardless, he ranks among the best relievers available heading into the July 31 non-waiver trade deadline.

Both teams could use the bullpen help. The Phillies’ bullpen is largely young and inexperienced, and has battled inconsistency in the first half. The Giants are without closer Hunter Strickland and only got Mark Melancon back last month.