Email a copy of 'Dodgers TV Deal Allows For Limited Revenue Sharing' to a friend
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By Zachary Links | at
Email a copy of 'Dodgers TV Deal Allows For Limited Revenue Sharing' to a friend
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55saveslives
Shady
ugotrpk3113
Somewhere in London, John Henry is complaining to his 30 year old bombshell about this.
BlueSkyLA
Mr. Manfred Jr. is trying to paint a smiley-face on this on awful situation on behalf of MLB. He must know that the bankruptcy judge allowed McCourt to modify the normal franchise sale process and net himself maybe a billion more than he’d likely have gotten for the team otherwise. It may have had less to do with the media rights than other process changes, but the bottom line is that bankruptcy is now clearly the way to go for anyone wanting to sell a MLB franchise and maximize their take.
tesseract
I am confused. The team filed for bankruptcy, was sold. Then the new owner group nets a multi million dollar TV deal and somehow are able to avoid sharing some of its revenues?
Why did they sell this team in the first place? I don’t know much about the dodgers, and I’m trying to get a better insight so please save the smartass comments
BlueSkyLA
The Dodgers were bankrupt. I’m not sure I understand the confusion.
tesseract
If they were bankrupt and about to sign this TV deal that would bring enough money to sign every high $ player out there, why was the team sold in the first place?
It’s mind bending to imagine a team in LA can be bankrupt. 2nd largest market in the US
Tko11
The fans hated him and plus he made a huge profit by selling the team.
BlueSkyLA
The current media contract with Fox doesn’t expire until after next season. McCourt tried to get the bankruptcy court to allow him to rebid the contract ahead of time. Neither Fox or MLB would allow that. McCourt had already borrowed money from Fox and MLB to pay current accounts. In addition the McCourts were in the middle of a nasty divorce battle and were suing each other over who owned what. A total mess. Seriously, you missed all of this?
tesseract
Thanks! I knew bits a pieces but now it makes more sense. It’s nice to see this team spending money because they certainly can hopefully they will be competitive next year
Dodgersarelife
Does this mean “we” can spend even more money! Wow, this seems to be a disgusting loophole the owners took advantage of.
Topshelf Nick
Meanwhile in Pittsburgh and Kansas City…