|
|
Post by aztecmusician on Jun 15, 2012 0:28:21 GMT -8
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 15, 2012 4:56:35 GMT -8
One person who saw the Padres' books said, in his opinion, the team is a money loser if the player payroll exceeeds $35 million, a paltry sum for a baseball team -- even the Padres.
|
|
|
|
Post by 1611Luginbill on Jun 15, 2012 9:35:00 GMT -8
I'm telling you there's always an economic "bubble" of some kind and Moores has held his cards too long. I think the sports bubble is about to burst. Agreed. Many baseball franchises are already starting to look at their TV revenues (which are VERY favorable right now) as an endless stream of cash that they can borrow against. These franchise sales are purely a pump and dump. Hell, if Steinbrenner's kids are dipping their toes in the pool, you know something's up. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 15, 2012 9:58:23 GMT -8
One person who saw the Padres' books said, in his opinion, the team is a money loser if the player payroll exceeeds $35 million, a paltry sum for a baseball team -- even the Padres. Yeah I read this and wasn't sure whether to laugh or cry. I'm telling you there's always an economic "bubble" of some kind and Moores has held his cards too long. I think the sports bubble is about to burst. Hopefully the Big East thing won't be affected but that's a different story. Anyway this fool isn't gonna get 800 million for this "franchise." It seems like he may have qualifying offer(s) in that range. So, we'll see. Seems way high. That being said, while the price appears to be slightly insane, a major league baseball franchise purchase is a limited opportunity for the mega-rich, being just 1 of 32. With the right amount of partners and leverage, I could see this sale happening for that amount. The Dodgers sale at $2B raised the values for most everyone, you would think. I am concerned with how much the owners can commit to PAYROLL and PLAYER DEVELOPMENT. |
|
|
|
Post by AztecBill on Jun 15, 2012 10:33:49 GMT -8
One person who saw the Padres' books said, in his opinion, the team is a money loser if the player payroll exceeeds $35 million, a paltry sum for a baseball team -- even the Padres. At an average cost of $20 per ticket each 500K more fans means $10M a year. I wonder how many fans that statement assumes. I think with a competitive team and an owner that is seen as going for the gold, the Padres could draw close to 3M a year (we did it before). If that assumed 2M fans, it would pump that $35M to $55M with just the added attendance. The TV contract also escalates each year. So a new owner wouldn't have to lose too much. But remember the person who made that statement has a vested interest in downplaying the worth of the team. |
|
|
|
Post by Aztec89 on Jun 17, 2012 5:19:22 GMT -8
I think the Dodgers value throws in a little parcel of Real Estate called Chavez Ravine, and the entire surrounding parking complex. I have always despised the Dodgers, but, one cannot argue the value of what is included in the deal when you buy that franchise VS say, the Padres. Plus the TV market in LA and the Inland Empire, plus or minus 15,000,000 people.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 17, 2012 7:07:25 GMT -8
I think the Dodgers value throws in a little parcel of Real Estate called Chavez Ravine, and the entire surrounding parking complex. I have always despised the Dodgers, but, one cannot argue the value of what is included in the deal when you buy that franchise VS say, the Padres. Plus the TV market in LA and the Inland Empire, plus or minus 15,000,000 people. Of course. Obviously the Dodgers are a much more valuable franchise. That doesn't take away from the fact that they sold for $2B. I am sure most MLB owners will hope that has a trickle down effect on their franchise values. Prices seem to be on the up. Before the Dodgers were sold, the Houston Astros sold for $625M. |
|
|
|
Post by AztecBill on Jun 18, 2012 13:48:34 GMT -8
1. There are only 32 (?) of these teams (entities) available. 2. Judging from TV, there shouldn't and needn't be that many teams. Seems like only about ten teams (if that many) actually draw fans. This town is weird. It can and will fall in love with the Padres. But the new owner has to do it right. The "new" stadium isn't so new anymore, nd they gotta make it worth the hassle to actually attend games. If I were a prospective buyer, I'd be looking at how many people dump TW because they don't carry the Pads on TV. So far it doesn't look like many, and I would interpret this as a lack of fan interest in 40% of the county. In other words I wouldn't pay anywhere close to 800M for this franchise/brand/market. 30 teams. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 18, 2012 18:23:37 GMT -8
One person who saw the Padres' books said, in his opinion, the team is a money loser if the player payroll exceeeds $35 million, a paltry sum for a baseball team -- even the Padres. That is exactly what Padres ownership wants everyone to think.  Now, that absolutely ridiculous Dodger deal probably has them chomping at the bit. |
|
|
|
Post by AztecBill on Jun 19, 2012 10:45:15 GMT -8
One person who saw the Padres' books said, in his opinion, the team is a money loser if the player payroll exceeeds $35 million, a paltry sum for a baseball team -- even the Padres. That is exactly what Padres ownership wants everyone to think. Now, that absolutely ridiculous Dodger deal probably has them chomping at the bit. That is exactly what the Padres wants no one to think. What about them trying to sell the team can't you understand. If I am selling my house would I want everyone to think it would only rent for $350 bucks? |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jun 19, 2012 17:47:40 GMT -8
That is exactly what Padres ownership wants everyone to think. Now, that absolutely ridiculous Dodger deal probably has them chomping at the bit. That is exactly what the Padres wants no one to think. What about them trying to sell the team can't you understand. If I am selling my house would I want everyone to think it would only rent for $350 bucks? Come on man!!! Have you not seen the tactics of Padre ownership.  They will get their money, along with yours  Again, the Dodgers deal opened the door for that. |
|
Now, that absolutely ridiculous Dodger deal probably has them chomping at the bit. 
They will get their money, along with yours 
Again, the Dodgers deal opened the door for that.