Categorized | Mark Timmons

The Whole Truth and Nothing But the Truth

TJ Simers of The LA Times is just getting around to writing what I have been saying for two years:  “Be careful of wanting a new owner, because the next one might be worse!”  Yeah, I’ve said that over and over again.

Nearly every Dodger fan wanted Frank McCourt gone, and many really believed that Mark Cuban would be the next owner.  Dodger fans even bought websites and had T-Shirts made to encourage Cuban.  I told them it wasn’t happening and now you know it really isn’t.  I also told you that the next owner could be worse than McCourt and you laughed.

I PRAY TO GOD THAT I AM WRONG ABOUT THAT!  But the truth is:  we don’t know.

The prospective owners all scare me.  Rich people often think differently than you and I.  That could trash the team in a heartbeat.  The person who buys the team needs to be prepared to either spend about a half billion on Dodger Stadium or (more likely) seek to have the city build a new stadium downtown.  Frank McCourt may end up with all the land around Dodger Stadium and ultimately, Dodger Stadium itself, which could be demolished and a new NFL Stadium erected. I know to some of you, that is heresy, but it’s the truth!

The new TV deal will be huge, but a well-healed owner might elect to start his own network.  The truth is we don’t know.  Frank McCourt is going to chose whoever will pay him the most money and if MLB doesn’t approve that person, Frank will sue Bug Selig and MLB, prolonging the process.  I think it’s likely that Fox or Time Warner will back the eventual winner and they will likely pick a local owner like O’Malley, Disney/Gold, Caruso,  Magic Johnson or even Alan Casden. Then you have Ron Burkle and Patrick Soon-Shiong waiting in the giggly weeds.

I predicted that the Dodgers would bring $1.5 Billion before anyone else was making those predictions, but now I have reason to believe that may be low.  I can actually see $1.5 Billion WITHOUT the land and closer to $2.0 billion with the land.  As the process continues, there will likely be some consolidation between bidders, driving the price up even more and the prospect of a partnership with one of the Cable Companies.

I still say that Frank McCourt is leaving the Dodgers in better shape than the last two owners did when they sold the team.  Be careful what you wish for – let’s hope we don’t pine for Frank McCourt someday.  Isn’t it ironic that the person who is regarded as the worst owner ever will end up making the biggest profit ever and getting the highest price by double or triple what other teams have sold for?

Frank McCourt did some really stupid things, but he wasn’t as bad as many of you thought.  Let’s hope we get a really, really good new owner – but the truth is:  WE JUST DON’T KNOW!  This is uncharted territory.

 

About Mark Timmons

When you see the invisible, you can do the impossible!

7 Responses to “The Whole Truth and Nothing But the Truth”

  1. AnewBlueDay says:

    Hummm . . . this billion dollar plus stuff is mind blogging. If Frank were not in his divorce situation, but still wanting to sell the team never the less, it would probably go for a lot less that, say, 1.7 billion. But because of the nasty divorce, the way he ran the club, mis-use of club funds and all the rest — he really has the horse by the mouth because MLB, players, and fans simply want him gone.

    It is like, get this guy out of Dodge. Just get him gone. Then fix up the team.

    In this case — I think Mark’s warning of a new owner and what they might do is important — I believe most new owners will know that EVERYONE is watching. They will want to become the GOOD FOLKS (I would have said guys here, but that is not proper any longer), liked, and have a most positive response. They will want the seats filled every game with all time high attendance records, a winning team, and have the media, rich folks, and Dodger fans from all around the world smiling again.

    And I believe whoever purchases the team, will get many former Dodgers to be around the new system. Bring back the tradition.

    Now, wake me up went the new owner is announced, and then a one year check point on all of this to see just went down.

  2. RogerCraig says:

    I have always said that people should be careful what they wish for. Things will likely be better with a new owner, but this is not a given. I like what AnewBlueDay said about former Dodgers. Hopefully, it will be A New Blue Day.

  3. AnewBlueDay says:

    RogerCraig – thanks for understanding my board name. I starting using it back in the middle 1990s on the old L.A. Times Dodger board. I had to list something, and just came to me that a Dodger fan then, with 8 years without a World Series appearance — we needed — A New Blue Day, thus: Anewblueday.

    But a side note, back about 7 or 8 years ago, I was posting on a totally different board (nothing to do with baseball or sports) and it called for a nickname. So I typed in: Anewblueday. Someone posted after me and said something like: ” . . . are you having a difficult day today?”

    See, they saw that name as one struggling.

    Dodger fans would understand — and especially now — with a new owner and getting rid of McCourt and Jamie — it will (or as Mark might add, could) be A NEW Blue Day . . .

    Oh, it is now 23 years since the Dodgers were in the their last World Series.

  4. Ken says:

    Garvey out? Best news of the day. Better news would be “Torre is out”
    The new owner needs to have at least $1.5 billion in cash. Any debt used to acquire the Dodgers will just be used to allow the new owner to have cash left over for use to (1) create a new Cable channel and (2) to develop the surrounding real estate, these two assets being the real value in this deal. The Dodgers are actually worth only about $500 mil, while the Cable TV Channel and land development is worth the balance of the price to be paid, around “$1 billion dollars”. Dr. EVIL wins again.

  5. Jae says:

    Maybe Steve Garvey takes over Tommy Lasorda’s role when he goes home.

  6. jerry says:

    there is nothing wrong with the staduim, it still looks good..and every seat has a good view..most of the new stadium are ugly

  7. Bball says:

    Jerry ur so right I love dodgers stadium to build a new one is a waist of money and I think u lose a lot of tradition. I’m only 24 but I love to see old dodgers stadium photos and old movies/ documentaries with it in it. Not a hole lot has changed and I love that

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