MLB to take over the Dodgers

[Kyyle23]

Exactly. Did you see what he was using for collateral on that loan from Fox? The expected settlement on a lawsuit he has against the firm who drew up his prenup! The guy's a mess.

 

 

Was it the 8 houses he owns that he is not allowed to go into because of the divorce? There was some craziness that Gammons was talking about. PG didnt mince words, McCourt got into the ownership of the team for the star power and extra cash flow, and he did not have any intent of improving the product.

 

 

Finding out he fired the security detail to save money on the same day that SF Giants fan was beaten down blew my mind

[RockRaines]

If we pool all of our Soxtalk resources, think we could buy the Dodgers? We could run it my committee, we'd win a WS every year.

If someone like Mark Zuckerberg cared even a little about sports the Dodgers could be a great franchise. They have the popularity and the history, a little money and ingenuity would go a long way.

[RockRaines]

Exactly. Did you see what he was using for collateral on that loan from Fox? The expected settlement on a lawsuit he has against the firm who drew up his prenup! The guy's a mess.

Did you see how he made his "fortune?" A parking lot.

[Balta1701]

Link

Former Texas Rangers president Tom Schieffer was appointed by baseball commissioner Bud Selig to oversee the Los Angeles Dodgers' business and financial operations, Major League Baseball announced on Monday.

 

Schieffer, younger brother of "Face the Nation" host Bob Schieffer, took over immediately. In seizing control of the franchise, MLB told the Dodgers that any expenditure of $5,000 or more would have to be approved.

 

"We are very fortunate to have someone of Tom Schieffer's stature monitor the operations of the Los Angeles Dodgers on behalf of Major League Baseball," Selig said in the statement. "Tom is a distinguished public servant who has represented the nation with excellence and has demonstrated extraordinary leadership throughout his career. The many years that he spent managing the operations of a successful franchise will benefit the Dodgers and Major League Baseball as a whole. I am grateful for Tom's acceptance of this role."

 

The Dodgers had no immediate reaction to the announcement, but team spokesperson Josh Rawitch said there likely would be a reaction later in the day.

 

Schieffer currently is senior counsel at Akin Gump Strauss Hauer & Feld, the same position held at the firm by New York Yankees president Randy Levine.

 

Schieffer served the Rangers as president from 1991-99 and also served as the team's general partner from November 1994 to June 1998. The team reached the postseason for the first time during his tenure, winning the American League West in 1996. As the president of the Rangers, Schieffer was a member of several significant MLB committees and boards, including Selig's 1999 Blue Ribbon Task Force on Baseball Economics.

 

Schieffer originally joined the Rangers as an investor when the team was purchased in 1989 by an ownership group that included future U.S. President George W. Bush, who at the time had yet to enter politics himself.

 

Schieffer, 63, previously had served three terms as a Democrat in the Texas House of Representatives. He later served in Bush's White House administration for its entire eight-year run, first as ambassador to Australia and later to Japan.

[southsider2k5]

What a disaster. That is going to make it impossible to do day to day business for that franchise. $5000 is nothing to a major league franchise. It would be like having to get anything over a dollar expendature approved for us.