Revolution Stadium Talks With UMass Break Off UNM, WisePies End Arena Naming-Rights Deal Memphis Breaks Ground on Football Facility Facility Notes Timbers Unveil Stadium Expansion Plan Baltimore Mayor, Stronach Group Want Pimlico Replaced No User Fee For U.S. Bank Stadium HS Games Facility Notes Officials Break Ground On Pro Football HOF Village Hotel Mercedes-Benz Stadium To Be Ready By Early August
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SBD/October 3, 2012/Facilities
Guggenheim CEO Confirms Group Is Exploring AEG Bid; No Ties Yet With Soon-Shiong
Published October 3, 2012
ROOM TO GROW: Walter said that the Dodgers franchise “still has the financial wherewithal to make significant acquisitions over the winter.” Walter: "If it's there and if it's right for us." He added that the Dodgers “wouldn't be careless with their money.” Walter said that while the luxury tax “will figure into the Dodgers' thinking at some point, that time hasn't come yet.” In L.A., Dylan Hernandez noted the Dodgers “added more than" $400M in player contracts this season, and the team's payroll is “projected to exceed" $200M next season." Any amount the club spends over $178M "would be taxed at 17.5%” (L.A. TIMES, 10/3).