Manfred Defends Mets Ownership, Payroll Sources: Knicks' Front Office Expects Changes Franchise Notes NFL Hands Down Penalties For Browns, Falcons Warriors Concerned About Counterfeit Tickets Knicks' Jackson Reassures Season-Ticket Holders Fred Wilpon Addresses Mets' Clubhouse Ricketts: Payroll Bump Shows "Now Is The Time" Warriors, Ticketmaster Get Sued By StubHub Bills On Pace To Break Tix Sales Mark For '15
Upcoming Conferences and Events
SBD/August 28, 2012/Franchises
Dodgers' Big-Ticket Player Acquisitions A Sign Of Ownership's Confidence In New TV Deal
Published August 28, 2012
MONEY IS NO OBJECT: In L.A., Steve Dilbeck noted the Dodgers are “already committed" to a payroll of $192.6M next season, which would “give them a higher payroll than every team this season" other than the Yankees. The money spent by the new owners since they took over the team in May totals $432M, more than former Owner Frank McCourt “paid for the team ($421 million) in 2004” (LATIMES.com, 8/27). GRANTLAND’s Jonah Keri wrote, “All the Dodgers did was completely rethink the way baseball teams spend money, and thus run their business.” The Dodgers have “hinted that budget might not matter all that much to them.” The Dodgers “became the most dangerous team in baseball.” Keri: “Dangerous to other clubs in their ability to outspend the competition anytime they want. And dangerous to owners of baseball's richest teams as well as the commissioner's office, who risk having their excellent and wildly profitable scam exposed” (GRANTLAND.com, 8/27).
THIS IS HOW WE DO IT: Dodgers investor Magic Johnson said, “I laugh when people ask if we're trying to upstage the Lakers after they got Dwight Howard and Steve Nash, but that's what we need here in Los Angeles: stars. This is an amazing time in L.A. with all the great teams and players we have now. Hollywood is the land of stars. L.A. is used to big Dodger personalities, from Tommy Lasorda to all the great players in the organization's history. The Dodgers have always been about winning and stars” (MLB.com, 8/27).