$2.15 billion for the Dodgers? Mercy

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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.

Kenley Jansen gives up two homers, loses game in his return

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Dodgers closer Kenley Jansen was activated yesterday after missing ten days due to an irregular heartbeat. He says he feels great. That’s good!

Jansen also allowed back-to-back homers after entering a tie game in the ninth inning of last night’s game against the St. Louis Cardinals, picking up the loss. Jedd Gyorko and Matt Carpenter did the honors. That’s . . . not so good! At least not for Jansen and the Dodgers.

Jansen said after the game that he was healthy, but that his pitchers were simply flat. One has to assume it’s a matter of rust. And a matter of Matt Carpenter hitting a boatload of homers this year, and at some point there is only so much you can do to stop him. Bad result, of course.