Tag Archives: magic johnson

Are the Dodgers Making a Big Expensive Mistake?

25 Aug

One of the biggest trades in MLB history happened Friday between the Boston Red Sox and the Los Angeles Dodgers. The Red Sox are sending first baseman Adrian Gonzalez, pitcher Josh Beckett, infielder Nick Punto and outfield Carl Crawford in exchange for first baseman James Loney, pitcher Rubby De La Rosa, middle infielder Ivan De Jesus and left fielder Jerry Sands. The Sox also added on $12 million dollars to sweeten the deal.

So who is winning in this massive trade? The Sox are definitely winning. By trading all these players they freed up a quarter of a billion dollars in payroll. It also got rid of a lot of upset players who were not so happy with new manager Bobby Valentine. So instead of fight through it they decided just to trade them. The Sox couldn’t get in worse they are already in last place in AL East so why not make a change?

The Dodgers fate is still unclear. Right now the Dodgers(under new ownership including Magic Johnson) are three games away from first place behind the San Francisco Giants in the NL West. And there is nothing more than a winning team to make new owners happy. A winning team is exactly what the new Dodger owners need to make sure they make their money back in television deals. No one is going to pay big bucks to broadcast a team that sucks. So the Dodgers are hoping the veterans can help them not only play better but establish a new brand.











Dodgers Getting Some Magic

28 Mar

It is kind of crazy that Frank McCourt bought the LA Dodgers & surrounding land for $430 million in 2004 and just sold them for a record $2 billion. You may remember last June when the Dodgers were forced to file for bankruptcy after the baseball Commissioner, Bud Selig, refused to approve a deal with Fox Prime Ticket worth over $2 billion. McCourt was in the middle of messy divorce and Selig didn’t want the money from the deal to be for McCourt’s personal use. Which meant the Dodgers had to file for bankruptcy and take a $150 million dollar loan from the MLB.

Don’t worry McCourt will still be involved . . . with the parking lot and some surrounding land that he will partially own. The group who bought the Dodger is head by former Laker and HIV walking miracle man, Magic Johnson. LA locals seem pretty pleased with the deal and hope that Johnson will finally restore the Dodgers to their former glory. Although it seems kind of absurd to buy a team that can’t even sell tickets for $2 billion, Johnson’s group stands to make a ton of money. Remember that $2 billion dollar deal with Fox Prime Ticket, well now that the Dodgers have a new owner it could be increased. Not only that but they could sell the broadcast rights to rival Time Warner for even more money.

If I were the new Dodger’s owners the first thing I would invest in is security.I think the fear of being shot has kept people from Dodger Stadium.