So, I give Tom Krasovic all the credit in the world for staying on the local teams beat. And in a lot of cases, adding a lot more depth and critical analysis than he was able to while working at the UT.
That being said, I don't know what he's getting at here.
Can you guys figure it out? Is he hinting there's something else going on but not speaking to it? Or is he just connecting two pieces of information poorly, as it seems to me.
If the rights deal with FOX is to believed - and Krasovic is the only guy who seems to be talking about the FOX deal with any detail - it would give Moorad more ability to pay off the debt, not less.
Is he suggesting that Moores himself was concerned about the group's viability, now he isn't?
Anyway. I get the feeling Krasovic thinks he's got a juicy nugget. It just doesn't make any sense to me. It's also worth noting that I seem to recall Krasovic and Nightengale having a lot of the same sources. So, maybe not all that surprising that they're on the same page with respect to the rights deal.
I think he is trying to say that Moorad, Moores and Selig are working to a compromise that isn't exactly going to make Moores or Moorad happy, but will end up with Moorad getting the team. He's... more
Ok, good. I'm not going nuts. Just a weird tense or tone to the whole thing. Like he's letting you on something, only he never says what it is. And conflating the ownership transfer with the TV deal... more
the equity angle is actually new to me, and a very interesting potential source of revenue beyond the rights fee. I'm glad I was right ($15m > $30m) on the rights fee details... since you mention the ... more
Okay. Just listened to the Saw. Pretty consistent with what Krasovic was reporting as well - sounds like they both probably got it from Nightengale. And it does sound like a great deal for the Pads.... more
Article up on MLB.com with Moores saying it's a 20yr/1B deal. With the Padres getting an expected 200m upfront. It gets really interesting when you think what they could do with the 150-200m if it... more
According to Center, the money has been spent in form of Carlos Quentin. As much as we'd like to see this TV contract as a new source of revenue, it has apparently been counted on and earmarked as... more
I recall that article from when it was published in August. Hard for me to say if the circumstances were the same with the television deal an unknown at that time. Based on Center's chat today he... more
According to Krasovic, they have been working on this TV deal for a year. Regardless, the details may not have been known in August, but Moorad probably had a pretty good idea of what was coming when ... more