Officials Discussing Financing Of Pimlico Upgrades Ballmer Talking Inglewood Arena For Clippers? Pistons Announce New HQ, Practice Facility In Downtown Verizon, Lions Make Upgrades To Wi-Fi At Ford Field Wilkens On Panel To Explore Renovating KeyArena Facility Notes First Data Lands Rights To Mets' Fla. Complex Orlando City Lacks Stadium Naming-Rights Partner San Diego Developer Proposing SoccerCity Alternative Virginia Tech AD Discusses Facility Upgrades
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).