Bankruptcy Settlement Could Prove A Bonus For Dodgers' TV RevenuePublished May 18, 2012
FLEXING THEIR MUSCLES: In L.A., Dylan Hernandez notes Dodgers GM Ned Colletti “expects to have more financial flexibility” than he has had in recent years, which “could mean making significant additions to the payroll.” Colletti said, “If we have a chance to improve our club, they’re open-minded to doing it and everything that it entails” (L.A. TIMES, 5/18). Dodgers co-Owner Peter Guber appeared on Bloomberg TV’s “Sportfolio" on Wednesday and discussed his role in purchasing the team. Guber said, “I didn’t pay $2 billion. Most of the folks in my circle have seen me go buy the Warriors or buy baseball teams or hockey teams or make movies. They realize I'm a conscious business person. After all, this is show business.” Noting the team’s sale price is tied into the value of its media rights, Guber said, “The ownership people who understand that business will support (President & CEO Stan Kasten) are looking at every option. Right now, their arrangement is with Fox, and I think they enjoy that arrangement and I think they’ll live up to that arrangement.” Guber said of his role, he wants to “bring intellectual capital to it, experiential capital to it, reputational capital and bring my resourcefulness to it” (“Sportfolio,” Bloomberg TV, 5/16).
A NEW LEAF: ESPN.com’s Buster Olney wrote, "Times have changed quickly” for the Dodgers and the team is in a “time of renewed commitment -- the organization to the players and vice versa.” Kasten recently spoke with the team and told the players that the Dodgers “needed them to be part of the organization’s effort to touch the community.” Kasten asked four players on Sunday “to go to a gate at Dodger Stadium as fans came through the turnstiles; a fifth player, [P] Clayton Kershaw, also volunteered.” After they finished, P Aaron Harang “approached Kasten and told him how much he enjoyed it and how he thought about what Kasten had said about their possible impact on fans” (ESPN.com, 5/17).
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