Report: the Dodgers are in talks with the Brooklyn Nets over a “combination of assets”

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Because the Dodgers need a coast-to-coast empire, more reasons to play up their ancient Brooklyn connection and an association with a literal oligarch instead of the practical oligarchs which currently own them. From NetsDaily.com:

The ownership of the Brooklyn Nets is in “ongoing discussions” with Guggenheim Sports and Entertainment Assets, owners of the Los Angeles Dodgers, on a “combination of assets.” Mikhail Prokhorov would remain in control of the Nets, say sources close to the discussions.

In the discussions, the team is being valued at $1.7 billion and the arena at $1.1 billion, said both sources. There is no agreement yet, nor a deadline for a conclusion of the discussions. The next step would be an agreement in principle followed by a closing.

My snark aside, this is probably best looked at as a real estate development deal, not a sports deal. That’s a huge part of Prokhorov’s interest is in the Nets in the first place, given all of the money to be made developing the area around the arena in Brooklyn. And of course Guggenheim Partners is all about investing in, well, everything, but I’m sure a big part of their move to get the Dodgers was the development opportunities at Chavez Ravine.

So this is all interesting, but it’s less of a sports story than it is a “stuff way bigger and more lucrative than sports” story.

 

Blue Jays clinch playoff berth with Orioles’ loss to Red Sox

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TORONTO — The Blue Jays clinched a postseason berth Thursday without taking the field.

Toronto was assured of an AL wild card berth when the Boston Red Sox beat the Baltimore Orioles 5-3.

If Toronto holds its current position as the first of the AL’s three wild cards, the Blue Jays would open a best-of-three wild-card series at Rogers Centre next week.

“These guys are excited to be in this position,” Blue Jays manager John Schneider said after Wednesday’s 8-3 loss to the New York Yankees. “You’ve got three really good pitchers lined up against a good Boston team, playing at home. So I think it’s more excitement more than it’s nerves or anything. I think the guys are going to come out and be ready to roll on Friday night.”

Toronto became the fourth AL team to clinch a playoff berth, joining division champions Houston, the Yankees and Cleveland. The Astros and Yankees have first-round byes.

The Blue Jays last went to the playoffs in 2020, when they were knocked out with two straight losses to Tampa Bay.

Eight of the 12 berths in the expanded postseason have been clinched: The Los Angeles Dodgers and St. Louis earned division titles, and Atlanta and the New York Mets are assured no worse the wild cards while still competing to win the NL East. The Dodgers have a first-round bye.