Mar 28, 2012, 8:30 AM EDT
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.
Apr 19, 2014, 1:16 PM EDT
The Reds are hoping that Sean Marshall’s shoulder issues are behind him.
Apr 19, 2014, 12:30 PM EDT
I’m warning you, this is pretty scary stuff.
Apr 19, 2014, 11:50 AM EDT
Denard Span had no issues during a brief minor league rehab assignment.
Apr 19, 2014, 11:01 AM EDT
Cesar Cabral was ejected after hitting three batters Friday against the Rays. And then his night got worse.
Apr 19, 2014, 10:10 AM EDT
Adjustments to each rule could be made soon.
Apr 19, 2014, 9:21 AM EDT
Angels first baseman Albert Pujols is closing in on a milestone.
Apr 19, 2014, 8:58 AM EDT
They needed extra innings to do it, but the Diamondbacks snapped a six-game losing streak last night and finally got a win against the Dodgers.
Apr 19, 2014, 3:24 AM EDT
Can’t someone please write these things down so we can all keep track?
Apr 19, 2014, 12:10 AM EDT
One of baseball’s older cliches came true on Friday night thanks to Martin Maldonado.
Apr 18, 2014, 11:55 PM EDT
The Blue Jays get a shortstop back, but lose their designated hitter.
Apr 18, 2014, 11:20 PM EDT
Jeff Samardzija unselfishly wants to get paid. It’s not as crazy as it sounds.
Apr 18, 2014, 10:50 PM EDT
Giancarlo Stanton does Giancarlo Stanton things.
Apr 18, 2014, 10:30 PM EDT
After consistent battles with his control, Donnie Veal ran out of chances with the White Sox.
Apr 18, 2014, 9:55 PM EDT
Jason Bartlett will call it quits after playing shortstop in the big leagues over ten seasons.
Apr 18, 2014, 9:19 PM EDT
One of the most unlikely pitchers to throw a no-hitter is working on a no-hitter.
Apr 18, 2014, 9:00 PM EDT
The Brewers got their first round pick from the 2006 draft back.
Apr 18, 2014, 8:15 PM EDT
The Diamondbacks will get some power back in their lineup as Cody Ross returns.
Apr 18, 2014, 7:35 PM EDT
Ryan Roberts wasn’t hitting; Brock Holt was, so the Red Sox decided to make a change with Will Middlebrooks still recovering from an injury.
Apr 18, 2014, 6:52 PM EDT
The Pirates and Mets each address their problems with an Ike Davis trade.
Apr 18, 2014, 6:10 PM EDT
Hanley Ramirez only spent one day out of the lineup after being hit in the hand with a fastball.
- Report: MLB likely to adjust rules for plays at home and transfer catches 5
- Settling the Score: Friday’s results 17
- Giancarlo Stanton sends the Marlins to victory with a walk-off grand slam 21
- Jason Bartlett will retire after 10 years in the big leagues 9
- Pirates acquire Ike Davis in a trade with the Mets 47
- Hank Aaron is getting vile racist hate mail in retaliation for pointing out that racism still exists (248)
- “They Don’t Know Henry” (167)
- Doug Glanville’s story about being racially profiled at his own home (125)
- There is still a racial divide in baseball (112)
- And That Happened: Tuesday’s scores and highlights (96)