Jul 2, 2014, 9:45 AM EDT
Eric Fisher of Sports Business Journal reports that the single-A Dayton Dragons are being sold by current owner Mandalay Baseball to a company called Palisades Arcadia Baseball. That’s not a big deal. Minor league teams sell all the time. What is a big deal is the price: $40 million, which Fisher says is the highest price ever paid for a minor league team.
Now, the Dragons are not your run-of-the-mill minor league teams. As Fisher notes, they have the longest sellout streak in the history of U.S. sports. They set the record in 2011 with their 815th straight sellout. It’s still going strong. In May they sold out their 1,000th straight game. While only a Midwest League team, their ballpark holds over 8,000 fans, which means that they draw more than just about every minor league team at every level. Usually only one or two Triple-A teams do better in overall attendance.
But still: sellouts or not, they are just a single-A team that can only charge single-A prices for tickets, beer and big foam fingers. Making that $40 million price tag pretty darn incredible. To put it in perspective, the Steinbrenner family bought the Yankees for $8.7 million in the early 70s. Current Phillies’ ownership bought that team in 1980 for $30 million. Current Twins ownership bought the team in 1984 for $44 million. Major league franchise prices have gone through the roof, but it wasn’t too terribly long ago when the price the Dragons’ current owners are getting was what you might expect to pay for a big league club.
Sep 4, 2015, 9:12 AM EDT
Holy moly, these guys are awful.
Sep 4, 2015, 7:29 AM EDT
Carlos Gonzalez hit two homers for the second straight night.
Sep 3, 2015, 11:04 PM EDT
Bryce Harper didn’t have an official at-bat tonight, but he still made a major impact in the Nationals’ 15-1 blowout victory over the Braves.
Sep 3, 2015, 11:00 PM EDT
Stroman threw 4 2/3 hitless innings in his first minor league rehab start.
Sep 3, 2015, 10:29 PM EDT
Tigers shortstop Jose Iglesias was forced to exit Thursday’s game against the Royals in the third inning when he was hit in the hand while trying to drop down a bunt.
Sep 3, 2015, 9:50 PM EDT
The Dodgers called up top prospect Corey Seager today and manager Don Mattingly isn’t wasting any time getting him into the starting lineup…
Sep 3, 2015, 8:46 PM EDT
Murphy had a stint on the disabled list earlier this season due to a left quad strain.
Sep 3, 2015, 7:37 PM EDT
Strasburg left his most recent start on Sunday with discomfort in his upper back, but he’s on track to make his return for a crucial series against the Mets next week.
Sep 3, 2015, 6:50 PM EDT
McCutchen feels “a little sore” and has been “hobbling around a little bit,” so he’ll take a rest before a big series against the Cardinals this weekend.
Sep 3, 2015, 6:13 PM EDT
ESPN has pulled Schilling from their broadcasts for the remainder of the season.
Sep 3, 2015, 4:31 PM EDT
Sentiments like these — of which I’ve seen a few — makes me wonder about Ruben Amaro.
Sep 3, 2015, 4:07 PM EDT
His glute injury proved minor.
Sep 3, 2015, 1:51 PM EDT
He was suffering from dehydration yesterday.
Sep 3, 2015, 1:05 PM EDT
Finally, Tom Brady and Boston sports fans get a win!
Sep 3, 2015, 12:46 PM EDT
Shut down for the season with a hip injury.
Sep 3, 2015, 12:18 PM EDT
This is must-click link material.
Sep 3, 2015, 11:29 AM EDT
Kevin Jepsen will fill in at closer.
Sep 3, 2015, 10:38 AM EDT
Not that either of those things are valid reasons to keep a guy out of the Hall of Fame.
Sep 3, 2015, 10:13 AM EDT
Considered by many to be the No. 1 prospect in baseball.
Sep 3, 2015, 9:25 AM EDT
But teams should be coming to him.
- And That Happened: Thursday’s scores and highlights 24
- Bryce Harper walks in all four of his plate appearances, scores four runs 20
- ESPN pulls Curt Schilling off broadcasts for rest of regular season and Wild Card game 107
- David Ortiz is more likely to be boned in Hall of Fame voting for being a DH than for PED stuff 128
- And That Happened: Wednesday’s scores and highlights 74
- The Marlins are going to change everything except their biggest problem this offseason 53
- Drooling over Miguel Sano’s incredible numbers through 50 career games 35
- Matt Williams puts up another strong performance in his quest to get himself fired 105
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (266)
- David Ortiz is more likely to be boned in Hall of Fame voting for being a DH than for PED stuff (128)
- ESPN pulls Curt Schilling off broadcasts for rest of regular season and Wild Card game (108)
- Matt Williams puts up another strong performance in his quest to get himself fired (105)
- David Ortiz tweets his happiness about the Deflategate decision (100)