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.
SAN DIEGO — The Baseball Writers Association of America has named the late Boston Globe columnist, Nick Cafardo, the winner of the 2020 J.G. Taylor Spink Award. He will be honored with the award that is presented annually to a sportswriter “for meritorious contributions to baseball writing” during Hall of Fame inductions in Cooperstown next July. Cafardo died suddenly last February at the age of 62 while covering the Red Sox at spring training in Fort Myers.
Cafardo, who covered baseball in New England for 35 years, received 243 votes from the 427 ballots cast by BBWAA members with 10 or more consecutive years’ service. He becomes the 71st winner of the award since its inception in 1962. Jim Reeves, an award-winning columnist and baseball writer in a 40-year career with the Fort Worth Star-Telegram, received 108 votes. Patrick Reusse, who has covered the Twins for decades, got 76.
Cafardo worked at the Brockton Enterprise and the Quincy Patriot-Ledger before joining the Boston Globe as baseball columnist in 1989, where he inherited the Sunday notes column, founded by Peter Gammons. Cafardo covered more than 30 World Series, All-Star Games and Winter Meetings. He wrote four baseball books and won the Massachusetts Sportswriter of the Year Award in 2014 and the Boston Baseball Writers’ Dave O’Hara Award in 2017.
Cafardo becomes the first posthumous winner of the award since his Boston Globe colleague, Larry Whiteside, in 2008.