rjforlife wrote:Magic Johnson is a businessman, but he's a winner. This guy isn't going to mess with TV people just to make himself more millions. He's in this to win, and I have to think he has a lot of weight with the group and their decision-making process.
Magic Johnson is a PR guy acting on behalf of the actual ownership group (and apparently he's doing a good job). If the people that put up the bulk of the money want something done, it'll get done.
Obviously there is some merit to putting a winning team on the field, but securing $7B is just insane, and would explain why they have made what most people would consider to be highly questionable baseball decisions since the new owners took over. You drive up the value of the team exponentially for a short period of time, and when the bubble bursts, you pare down expenses and roll in your money. Maybe I'm just too cynical, but financially it doesn't make sense to invest this much when you very little to gain financially. Creating "a brand" is all well and good, but when the primary money-making vehicle of that brand is locked up for a quarter century, 90% of the incentive in investing in a team is out the window. No matter how bad the team is, they will be endlessly marketed by Fox which will help keep butts in the seats and sell Brandon League jerseys.