Cards Get $16M To Begin Ballpark Village Next Phase ISC Plans $178M Phoenix Int'l Raceway Upgrade Raiders' Davis Not Involved In Oakland Talks Facility Notes Details Emerge On Oakland Plan For Raiders Concerns Raised About DC United's New Stadium Orlando City SC Submits Plan For Stadium Signage Court Rules With Warriors On Arena Issue Facility Notes St. Louis Groups Joining Forces On MLS?
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).