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jst25
Re: We All Have to Realize
Mon Apr 9, 2012 01:21
108.75.9.130

Yeah, true that. McCourt wants to borrow $200MM against what will be a $2-3 billion deal, no dice because TV revenues should stay with the team. But Moores gets $200MM up-front out of a $1 billion, 20-year deal? I haven't busted out my time-value-of-money equations for a long time, but that up-front payment has to represent 1/3 to 1/4 of the total value. What else is there to say other than: http://www.youtube.com/watch?v=pUjh9Id6Id8

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  • Sickened — jst25, Sun Apr 8 03:11
    Well, the TV contract is a "done" deal according to Moores, and the Padres are getting a $200MM up-front bonus. I'm sure we will hear about how that money is going to upgrades at Petco, an expansion... more
    • Good news? — Wahoo Willy, Tue Apr 10 16:44
      Sounds like Moores is putting the team right up for sale again. He's going to make out pretty nicely in the transaction (as will Jeff Moorad and his ownership group). But it sounds like he really has ... more
      • Great News — Mark, Tue Apr 10 19:16
        I think its great news. Like you said, it can't really get much worse. Moorad couldn't cover a week's worth of salaries on his own and Moores doesn't want anything to do with the team.....it's hard... more
        • Re: Great News — RAMoe, Wed Apr 11 12:25
          It's great news and awful news at the same time. That the payroll of this team this year is the same as it was in the late 90s at Qualcomm is pretty disgusting considering the baseball financials of... more
          • Re: Great News — Wahoo Willy, Thu Apr 12 14:49
            Appropriately somber, I think. And I'd imagine you're spot on about Magic Johnson's role in the ownership group. I love Magic, but he's little more than a front guy for another massively leveraged... more
            • On Magic — Mark, Thu Apr 12 14:52
              I think you guys are discounting the number of opportunities these clubs have to raise revenue in less traditional roles. I think Magic is going to do a good job there as his real estate company has... more
    • Re: Sickened — Wahoo Willy, Sun Apr 8 18:31
      Yeah, it really has turned into Major League. The sickest part hasn't come yet, either. Moores is going to sell this thing for $600M+. And yeah, Moorad's going to get paid - and probably... more
    • We All Have to Realize — Mark, Sun Apr 8 15:23
      According to MLB: The Padres simply don't matter. We aren't the Pirates, but we're close. Well back to Moores. If they wrote this in a movie, I wouldn't have believed it.
      • Re: We All Have to Realize — jst25, Mon Apr 9 01:21
        • Re: We All Have to Realize — batpig, Mon Apr 9 15:20
          I think a major distinction with the McCourt deal was that the other owners already wanted him GONE. Real bad. He had already bled the Dodgers org dry and was basically trying to use the up-front... more
      • Might make things better this year — McBain, Sun Apr 8 15:34
        Stauffer with the tricep/elbow injury that has too often turned into TJ surgery. Moseley with a strained shoulder five innings into the season. Maybe it'll be easier to deal with the bumps and... more
        • Opportunity knocks — Chase, Sun Apr 8 16:26
          You feel bad for Stauffer & Moseley looking like they could miss a good chunk and possibly all of the season, though that's premature at this point. Replacing those two from Kelly, Bass, Wieland and... more
          • That Isn't Going to Happen — Mark, Sun Apr 8 19:15
            I don't think I've ever said this about another Padre-but it's time to cut Hudson. Seriously, pay him his money and tell him to go away. The whole act is just tired and I can't believe he's providing ... more
            • Patience grasshopper — Chase, Mon Apr 9 02:20
              Personally, I think that's jumping the gun on Hudson. I'm thinking about this from the team's perspective. What are the odds some team loses their 2b and is willing to take Hudson come June or July... more
              • I'm not one for the intangibles most days... — Alan, Tue Apr 10 12:30
                ...But work ethic and effort are something I find important. Everything I've heard about Hudson is that he is just cashing a paycheck. Everything I've seen on the field points to him not caring where ... more
                • effort wise — Chase, Tue Apr 10 13:53
                  to my eyes he's been giving it his all defensively this year and has made plays that he wouldn't have made if he was going about it in a lackadaisical way. I agree they need to move on soon, but he's ... more
                  • Re: effort wise — McBain, Sat Apr 14 10:27
                    If there aren't 20 or 30 better 2b now, that was true over the winter as well. Given our record of unloading mediocre offensive players over the past few years, I'm not holding my breath. He and... more
                    • Re: effort wise — Chase, Mon Apr 16 12:08
                      It will be interesting to see how the Bartlett situation resolves. I don't think his option will vest, and doubt he lasts as the starting shortstop through June. He'll be dealt along with 80% of his... more
            • Re: That Isn't Going to Happen — Wahoo willy, Sun Apr 8 19:35
              Agreed on all accounts. Particularly bummed about stauffer. Bubba!!!
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