Hank's Padre Discussion Group

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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 conflation of ownership transfer and TV deal, check out Hacksaw's report this morning: http://wpc.31d2.edgecastcdn.net/8031D2/xxsportsl/common/global_audio/40/51064.mp3

(start at 2:25) he is claiming that the two are indeed interrelated, as Moorad was planning to funnel a $150 up-front payment from Fox to pay down the investors (thus, ostensibly, his sudden ability to have all that cash in escrow to pay down Moores?)

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Huh? — Wahoo Willy, Mon Feb 13 20:33

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... more
- Re: Huh? — jst25, Tue Feb 14 21:05
  
  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
- - Re: Huh? — Wahoo Willy, Wed Feb 15 12:24
    
    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
  - - Re: Huh? — batpig, Wed Feb 15 17:11
    - - Re: Huh? — Wahoo Willy, Wed Feb 15 19:51
        
        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
      - Re: Huh? — Chase, Thu Feb 16 11:54
        
        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
        Re: Huh? — jst25, Fri Feb 17 19:28
        
        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
        Re: Huh? — Chase, Fri Feb 17 22:43
        
        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
        Re: Huh? — jst25, Sat Feb 18 23:34
        
        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
        Re: Huh? — Chase, Sun Feb 19 05:14
        
        Not increasing the payroll over 70m any time soon means staying in the bottom five in basball. They will be there in 2012, and 2013 has a chance of being the same, but I'm not seeing that come 2014.... more
        Middle Revenue Does NOT Mean Middle Payroll — Mark, Sun Feb 19 13:43
        
        Having a middle range revenue is NOT going to show up in a middle range of payroll when it comes to the Padres. Realistically, they have more ballpark debt than almost anyone else right now, so it... more
        Re: Middle Revenue Does NOT Mean Middle Payroll — McBain, Sun Feb 19 14:15
        
        Besides that, what happens to us when everybody else negotiates their new deals? I don't know when the other NL West contracts run out, but this bump seems to have a limited shelf life. Five years... more
        Re: Middle Revenue Does NOT Mean Middle Payroll — Chase, Sun Feb 19 19:31
        
        Looking at where the padres have ranked payroll wise since '98, I just wonder why the days of being 17th or 20th in that department are a thing of the past? Would anyone really be surprised if that's ... more
        Things Are Better — Mark, Sun Feb 19 22:30
        
        Sure things are better. Where is the box office draw? Why should I come out to the park if I live in North County as opposed to going to Anaheim? Can you really assume they are back over 3M in... more
        butts in the seats — Chase, Mon Feb 20 01:49
        
        3m in attendance? Wow, I wouldn't even want to guess how long it will be until that achieve that again. For comparisson, only 9 teams in the entire game reached that figure last year. I believe the... more
        Re: butts in the seats — McBain, Mon Feb 20 09:56
        
        Just so we're clear, I'm only really worried about our relative spending power vis-a-vis the NL West. If we look at NL payrolls after the TV deals stabilize, I'd bet that 75% of the time or more we'd ... more
        Re: butts in the seats — Anonymous, Mon Feb 20 13:42
        
        "If we look at NL payrolls after the TV deals stabilize, I'd bet that 75% of the time or more we'd be last. The new deal really doesn't change much for the medium- and long-term." The Padres weren't... more
        Forgot a W — McBain, Mon Feb 20 15:22
        
        That was supposed to NLW payrolls. After everybody negotiates their TV deals, it's safe to assume we'll be last in media revenue. Who are we going to outdraw — or outdraw by enough to make a serious... more
        It's Not Even Close — Mark, Tue Feb 21 13:39
        
        LA and SF are so above and beyond the rest of the division in terms of potential spending power, it isn't even close. We all talk about how a new owner in SD should mean an increase in... more
        Re: It's Not Even Close — Wahoo Willy, Tue Feb 21 14:45
        
        Yeah. From a revenue perspective, the way MLB is set up just isn't sustainable. Revenue sharing does a pretty good job of keeping the Padres and smaller market teams from getting totally shut out... more
        Re: It's Not Even Close — Chase, Tue Feb 21 14:09
        
        Agree on where the Padres stand in the NL West, though by saying they have much of a disadvantage over the likes of Arizona & Colorado is splitting hairs, based on how those teams are spending. Don't ... more
    - Bay Area beer — JungleMan, Wed Feb 15 12:45
      
      I'm still up for it. I was originally thinking a televised ST game, but who knows if that will happen. How about during first weekend of March madness?
    - - Re: Bay Area beer — Wahoo Willy, Wed Feb 15 15:47
        
        I'm actually out of town that weekend - pushing my luck I realize. But yeah, trying to match it up with a spring training game would work. Maybe the always exciting play-in games? March 13?

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