New Player for the Dodgers?
by Tripon on Sep 9, 2010 12:31 PM PDT
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Tom Krasovic, former Padres beat writer, and now current AOL fanhouse Senior baseball writer wrote this about Mark Attansio:
• Without leaving Milwaukee, Bud Selig may have a chance to assist West Coast baseball.
Heard this from a major league executive: Milwaukee Brewers owner Mark Attanasio has interest in becoming owner of the Dodgers, who could end up on the market after the McCourt ownership dispute is resolved. I was unable to reach Attanasio at his Los Angeles office, and I know Attanasio is still energetic about building the Brewers. But if commissioner Selig placed Attanasio in Los Angeles, advantage, Dodgers. It would also be a measure of redemption for Selig, who steered the McKooks into ownership of the Dodgers in 2004 The Brewers became relevant after Attanasio bought them from the Selig family for $180 million in late 2004.
Would Bud Selig do this? Could he?
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From Brewers beat writer Tom Haudricourt:
I was just told by a very good source that the internet report that Brewers owner Mark Attanasio has interest in the Dodgers is not true.
I’m with Phil — I’m ready for the devil I don’t know rather than the devil I do. But until Commissioner Gordon tells us that the Dodgers have to be sold so that each McCourt can get half of their money, I’m not holding my breath.
Here’s my question about a potential sale, though… everything here that I present as a fact could be wrong, so somebody please correct me if I’m mistaken.
1. The Dodgers have leveraged all the land surrounding the stadium, right?
2. The banks that have those loans have clauses that say that the money can come due if the team is sold, right?
3. Couldn’t McCourt tell them, sorry, can’t pay, take the land?
4. Wouldn’t that really suck?
The Omar Moreno of this blog
I do think that before Gordon
would make that decision, the parties would settle and take all of this out of the public forum.
I'm not sure if that would happen
The land is zoned for a baseball stadium, so the bank might have clauses that the whole team is sold and they just have the land as collateral in case there are many creditors.
Then again they might have just been as reckless as putting 300K houses down for collateral for 1000K home loans.
Well, then who takes the Brewers?
Can’t own two teams at once…thus a three party transaction would be needed to work this
last time i recall a transaction like this was when Dan Reeves sold the LA Rams to Carrol Rosenbloom, who owned the Baltimore Colts…Rosenbloom traded the Colts for the Rams and Reeves sold the Colts to Robert Irsay
For Attansio this would be a tax free exchange, exchanging like kind assets for another, so he wouldn’t have any gain on the sale of the Brewers
The whole Jeffrey Loria – John Henry Expos/Marlins/Sox circle jerk
by Eric Stephen on Sep 10, 2010 7:28 AM PDT up reply actions
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