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.
Red Sox left-hander Chris Sale has been placed on the 10-day injured list with left elbow inflammation, the club revealed Saturday. The assignment is retroactive to August 14. In a corresponding roster move, right-handed reliever Ryan Brasier was recalled from Triple-A Pawtucket.
It’s an alarming development for the 30-year-old ace, who has been remarkably injury-free after dealing with a lingering case of shoulder inflammation last summer. While he hasn’t replicated the career-high results he delivered over the last two seasons, he still leads Red Sox pitchers with 3.6 fWAR and will head to the IL with a 6-11 record in 25 starts, a 4.40 ERA, 2.3 BB/9, and league-best 13.3 SO/9 through 147 1/3 innings. A timetable has not been given for his return, nor has the severity of his injury been disclosed. Per Red Sox president Dave Dombrowski, Sale has been experiencing pain in his elbow since Wednesday and will undergo further evaluation in the days to come.
Brasier, 31, was optioned to Triple-A Pawtucket in mid-July after pitching to mixed results in the majors. He currently holds a 4.46 ERA, 2.7 BB/9, and 8.0 SO/9 with the Red Sox, though his results in Triple-A — one run, one walk, and 13 strikeouts over 9 1/3 innings — suggest that he might be capable of even sharper results when he rejoins the big league club.