Left: Todd Boehly, president of Guggenheim Partners. Center: another rich white guy! Right: Mark Walter, CEO.
I have to admit, I was somewhat surprised by the infusion of negativity into the final thread of the ownership news last night, with people making outlandish claims like “the new owners are coming in with a BILLION DOLLARS in debt” and that Clayton Kershaw, Chad Billingsley, and Andre Ethier were as good as gone, because the underfunded ownership group would make the Dodgers “Houston Astro level bad”, with a healthy share of unhappiness that Frank McCourt would still be a player in the parking lots.
That’s all understandable to a point, I suppose, because information was flying around fast and furious last night. A healthy dose of skepticism isn’t entirely unhealthy, and I certainly shared some of it.
First, the Wall Street Journal on debt…
The person said the other offers, which were perceived as opening bids, were in the range of $1.5 billion, some 25% less than the Johnson-Walter bid. As a result, the other bidders were never given a chance to match, and the deal was wrapped up by Tuesday evening.
The bid was described as a “100% cash offer.” Mr. Walter is making a significant personal contribution to the purchase price, with Guggenheim Partners, of which he is chief executive, playing a substantial role in financial contribution.
One. Hundred. Percent. Cash. I’m quite honestly floored by that, simply considering the sheer magnitude of the $2.15b purchase price. (Which is what we’re going to be referring to it as from now on, because let’s not pretend the additional $150m for the parking lot partnership doesn’t count.) If true, then there’s no concern about debt service at all, which was in the end what brought McCourt down. While the obvious next question may be, “how can they possibly still have money left to invest in the team if they just spent so much on the purchase,” remember how different of a situation this is from when McCourt bought in. His purchase was almost entirely on debt, with his personal outlay being either extremely small or by some reports, nothing at all. The Guggenheim group is not only well-funded, but has multiple partners, including Hollywood producer Peter Guger and other Guggenheim members (including Todd Boehly, seen in the picture.) Most importantly, unlike McCourt, no one is buying into this as their primary source of income, as he was, and you don’t make this kind of investment to finish in fifth place (and be a poor primary anchor for the inevitable television network).
But there’s more! While we’re regrettably not 100% rid of McCourt, nor is Dodger Stadium surrounded by parking lots that only he controls. According to several tweets from Bill Shaikin, the joint venture which will control the lots makes McCourt a minority partner at best. The “deal allows Magic group to control parking lots for games, Magic and McCourt to jointly pursue any development of lots,” Shaikin wrote, and he later added that the Magic group would have the ability to veto any development plans. So while we’ll need to learn a bit more about that, it does initially seem that McCourt could be potentially frozen out if the Magic group decides not to build on the land, since all game-day traffic is controlled by incoming ownership.
There’s a whole lot to do – Jon Weisman runs down the list at ESPN/LA – and still some questions that need to be answered, but even just in the 12 hours or so in the news has broken, things are looking better by the minute. It’s a good day, friends, with hopefully a lot more to come.
Cheapest Kasper Suits…
[...]these are a couple of links to internet pages that we connect to seeing that we feel these are really worth visiting[...]…
clemency…
[...]right here are several links to sites that we connect to as we feel these are worthwhile checking out[...]…
Great Clips Coupons…
[...]listed below are some web links to online websites I always connect to as we feel they’re well worth browsing[...]…
Haircut Coupons…
[...]in the following are a couple of links to sites that we connect to seeing as we think there’re worth visiting[...]…
Haircut Coupons…
[...]in the following are several url links to web sites I always connect to because we feel they will be truly worth checking out[...]…
Haircut Coupons…
[...]these are some urls to internet sites that we link to because we feel they really are worth checking out[...]…
Supercuts Coupons…
[...]here are a couple of hyper-links to web sites we link to seeing as we believe they will be really worth checking out[...]…
dancing with the stars results…
[...]in the following are some listings to internet sites we link to for the fact we feel they will be definitely worth browsing[...]…
dancing with the stars results…
[...]below are a handful of references to webpages which I connect to seeing that we think they are worth visiting[...]…
lyme disease symptoms…
[...]right here are some web links to online websites which I connect to for the fact we think they’re definitely worth browsing[...]…
Zimmerman…
[...]listed here are a handful of url links to internet websites I always link to seeing that we think these are worth browsing[...]…
Click Here…
[...]following are a couple of links to sites that we connect to seeing that we feel they really are worth checking out[...]…
home projector…
[...]one of our guests a short while ago encouraged the following website[...]…
free adult porn…
[...]Here are a few of the web pages we suggest for our visitors[...]…
Sydney escort…
[...]very few sites that come about to be in depth beneath, from our point of view are undoubtedly very well worth checking out[...]…
Google…
[...]just beneath, are several absolutely not related web-sites to ours, even so, they’re surely really worth going over[...]…
Google…
[...]usually posts some quite fascinating stuff like this. If you are new to this site[...]…
free gay porn…
[...]Here is a good Weblog You may Discover Fascinating that we Encourage You[...]…
leather handbags…
[...]although internet websites we backlink to beneath are considerably not related to ours, we feel they’re essentially really worth a go via, so have a look[...]…
Free adult porn videos here. Visit now….
[...]usually posts some incredibly exciting stuff like this. If you?re new to this site[...]…
putting up their links on your blogs….
blogging and make money blogging are easy when you know what to do. blogging is easy and when you have a blog you have the added opportunity to make money through the platform of your blog. blogging is easy for those…
Free porn now! Visit xxx tube!…
[...]please go to the web pages we stick to, including this one, because it represents our picks from the web[...]…
free ecards…
[...]what follows are some references to web sites that we connect to as we think they’re really worth visiting[...]…
free ecards…
[...]below are some links to web-sites that we connect to because we think they’re really worth visiting[...]…
example, if you write a blog about…
cupcake decorating ideas, you might want your keywords to be something like “cute cupcakes” or “cupcakes for birthday parties”. some other examples might be “cupcake decorating ideas” and just plain “cupcakes”. when you focus the article around…
doesn’t work… these are the same people…
that i acquired using free marketing techniques – so don’t ever let anyone tell you differently.i want to start of by sharing with you a blog traffic source that can literally get you hits to your blog overnight. now this technique…
may know what you want to say,…
but can you write your posts in a way that it is easy to understand and is well-researched at the same time?if not, your blog may struggle to get off the ground at all, and again you will lose enthusiasm when…
you good search engine traffic, so you…
can’t go wrong with the seo aspect of things. but try it out for yourself and see which one you like best. do it now.good luck with using blogging in your business today. do you like blogging? i do. blogging is…
and social networking sites. in this way,…
seo content writing services can help to drive in good traffic. while writing for the web, it must be remembered that the content can be viewed by millions. thus, professionalism will always benefit your online business. when i tell people i…
bad credit mobile phones…
[...]we came across a cool site that you just may love. Take a look when you want[...]…
Reference…
[...]Great article source about this topic[...]…
…
[...]Sites of interest we have a link to[...]…
orange county web design…
[...]that will be the end of this article. Right here you will come across some web sites that we think you?ll enjoy, just click the hyperlinks over[...]…
google’s adsense program. when you join adsense,…
they will give you a code that you paste on your blog; this code turns into google advertisements on your pages, and when people click on the ads, you earn money. this is where patience and diligence come into play, for…
to your long term success with your…
blog. it takes time but it is well worth it when you are sat on a beach and your blog still has traffic flowing to it.so as you can see there are many advantages to owning your blog and by putting…
on the other hand, a bad title…
will turn away clients. for this reason, it is important to get a good and impressive title for all your posts to make them seo friendly.keep your posts shortthere is a misconception that writing lengthy posts conveys a lot to clients….
also conduct keyword research to make your…
blog more accurate and provide more information. the more accurate information you have on your blog the more likely others will be to read your blog.an important thing is for you to dedicate some time to learn how to increase traffic…
scarring. the best way to decide which…
of these products to try is to search for actual customer reviews, or testimonials, on the internet. don’t, however, get your hopes up that these types of products can have much of an impact on severe scarring because you will probably…
her to the top.follow the above principles…
and find out how rewarding the part time business of article writing could be. article writing can be a very useful and rewarding part time business. people that are in search of some part time business to maximize their skills and…
writer. you might have an excellent business…
idea and need to write a business plan to show to your investors. or, maybe you are an employee in your business organization and want to write a project proposal for the planned project you want to discuss with your manager….
New York Times Bestsellers…
[...]Every the moment in a whilst we opt for blogs that we read. Listed below would be the newest websites that we choose [...]…
Find Out More…
[...]below you?ll uncover the link to some web-sites that we think you ought to visit[...]…
next page…
[...]we came across a cool internet site which you may well enjoy. Take a appear should you want[...]…
More Help…
[...]just beneath, are a lot of entirely not related web pages to ours, nevertheless, they may be certainly worth going over[...]…
Look At This…
[...]just beneath, are quite a few totally not related web-sites to ours, nevertheless, they are surely really worth going over[...]…
Continue…
[...]the time to read or stop by the material or web-sites we have linked to beneath the[...]…
link…
[...]very handful of web-sites that transpire to become in depth beneath, from our point of view are undoubtedly properly worth checking out[...]…
Resources…
[...]that will be the end of this report. Here you?ll obtain some internet sites that we assume you?ll enjoy, just click the links over[...]…
weight loss…
[...]usually posts some pretty exciting stuff like this. If you are new to this site[...]…
in one way or another. so by…
giving a solution to a problem in your niche you are assured to satisfy your readers’ appetite.use mediawe all eat with our eyes in this wonderful world of writing, when you insert pictures and videos into your posts it helps to…
kindie…
[...]just beneath, are many absolutely not connected websites to ours, having said that, they are certainly worth going over[...]…
comment.keep it concise – don’t think you…
have to write loads of information or an essay of reply, because the best blog comments are ones that are short, sweet and simple but yet offer an informative point of view or a comment that makes sense. blog comments are…
good story you can grab your audience…
and make a personal connection while getting your message across in a well thought out and interesting story.be anecdotalyou can also tell a story based on second-hand accounts or hearsay so to speak. story telling has been a way to communicate…
plugins, and voila, his desired added functionality…
is now found in his blog. plugins clearly extend a blog’s functionality, and are among the coolest tools available that can help promote one’s blog.there are now different wordpress plugins that were specifically created to help promote a blog. these…
symptoms of low vitiam d…
I feel this is among the most vital information for me. And i am satisfied reading your article. However should commentary on some basic things, The site style is ideal, the articles is in point of fact great : D. Good task, cheers…
going to hurt your business.this is why…
the actual writing marketplace is getting a little out of hand; as many freelance writers out there just select a subject matter they want to work on, then they use the internet and find a few articles upon that subject. once…
woodworking projects…
[...]Here is a superb Weblog You might Come across Exciting that we Encourage You[...]…
is compelling to read and captures the…
attention of your target audience right away. use words that target the emotions and cause people to think a little. words like, uncover, discover, secrets, etc. due to the fact that there are hundreds of blogs being created every “second” online,…
its nonexistence causes me to toss out…
the name and move on to other terms. developing a good blog name is a craft as it needs to seem sensible to the visitor, hold high value with promoters, and be part of a niche market with growing patterns. it…
their firm. they also need to perform…
soft skill function to get better pr appeal. and these functions usually do not come out naturally from a person. these functions are learned through mba courses.as opposed to what some people believe, mba comes in various fields such as entrepreneursh…
i’ve seen many bloggers get great results…
just because their title was above and beyond what most people would write. make sure that it is compelling to read and captures the attention of your target audience right away. use words that target the emotions and cause people to…
using their own words. google loves originality….
original articles are unique, and also you can express your thoughts with ease.#13 blogging mistake- concentrating on the blog design having a beautiful and appealing blog design is wonderful, however Titanic some bloggers dwell so much on the blog des…
Google…
[...]Every the moment inside a although we pick blogs that we read. Listed below are the latest web-sites that we opt for [...]…
replica merchant accounts…
[...]although sites we backlink to below are considerably not related to ours, we feel they may be in fact worth a go via, so have a look[...]…
Mentally Abnormal…
[...]just beneath, are quite a few absolutely not associated sites to ours, even so, they may be surely worth going over[...]…
tatuaggi tribali…
[...]we came across a cool web-site that you just could possibly delight in. Take a look in the event you want[...]…
coach store outlet…
[...]here are some hyperlinks to web-sites that we link to because we think they are really worth visiting[...]…
Read More…
[...]Here are a number of the internet sites we advise for our visitors[...]…
Learn More Here…
[...]one of our visitors a short while ago suggested the following website[...]…
Find Out More…
[...]we prefer to honor a lot of other world-wide-web web sites on the internet, even though they aren?t linked to us, by linking to them. Under are some webpages worth checking out[...]…
Visit Website…
[...]Sites of interest we have a link to[...]…
Going Here…
[...]here are some links to web-sites that we link to because we believe they may be really worth visiting[...]…
Clicking Here…
[...]very couple of internet sites that happen to be in depth below, from our point of view are undoubtedly properly worth checking out[...]…
flowers store in israel…
[...]just beneath, are many completely not related sites to ours, even so, they’re certainly worth going over[...]…
mill…
[...]although sites we backlink to below are considerably not associated to ours, we feel they may be essentially really worth a go as a result of, so possess a look[...]…
Cheap car insurance in Florida…
[...]that may be the finish of this post. Here you will locate some web-sites that we think you?ll enjoy, just click the hyperlinks over[...]…
medical laboratory science training…
[...]check below, are some entirely unrelated sites to ours, even so, they may be most trustworthy sources that we use[...]…
Physiotherapy…
[...]we like to honor a lot of other internet websites on the web, even when they aren?t linked to us, by linking to them. Under are some webpages worth checking out[...]…
followers if you don’t show who you…
really are on your posts. so, be true to yourself and to your readers. also, be committed in helping out people who pay your blog a visit. know their needs and demands and strive to address them asap.2. keep your readers…
design? the answer to this question will…
help ascertain the purpose. for instance, if the link is made to the blog on its product information page, the purpose of the blog must be regarding the product news, or the product issues.tips for making plan of the blog:i) start…
tatuaggi…
[...]Wonderful story, reckoned we could combine a number of unrelated information, nonetheless seriously really worth taking a appear, whoa did a single master about Mid East has got much more problerms as well [...]…
do the day shift, and he does…
the night!you may think you are very knowledgeable about your subject, but it’s great if you attract someone to join who’s known as an expert in their area. i invited two such people from their contributions on other forums and their…
electrical contractors…
[...]Wonderful story, reckoned we could combine a few unrelated data, nonetheless actually really worth taking a appear, whoa did a single master about Mid East has got more problerms as well [...]…
Durood Ibrahim in Arabic…
[...]we prefer to honor a lot of other online web pages around the net, even if they aren?t linked to us, by linking to them. Under are some webpages worth checking out[...]…
to:1. know who is your niche market….
it’s that strong narrow community of people that have a burning need inside of themselves.it is about something they want in regards to money, business, health, well being, success, technical support, relationships, etc. they have an issue or a proble…
time you get to filing your credit…
has already been damaged. the worst damage done to your credit is due to having late or missed payments on your account. although a bankruptcy will show up on your credit report, you may be surprised to find out your credit…
you need to take in order to…
create amazing articles for your blog:1. always start the process by doing keyword research. you would want to make sure that you’ll be able to address the specific needs and demands of your potential clients. so, know the keywords that they’re…
and opinions below in the comments.”reply to…
all comments: this is really important if you want to build a strong communication network with your readers. you must make sure that you respond to all the comments as soon as possible. this helps in understanding and communicating withâ your audien…
Evike.com…
Evike | Airsoft Lights and Lasers…