Frank McCourt came out swinging today in the ongoing Los Angeles Dodgers ownership drama, saying at a New York City press conference that MLB had no business rejecting a lucrative naming-rights deal with Fox and appointing Tom Schieffer to monitor the team’s operations. McCourt met today with Major League Baseball officials and presented them with […]
Tag Archives | finances
Schieffer new Dodgers monitor
Talk about a potential culture clash: MLB Commissioner Bud Selig appointed J. Thomas Schieffer, a former Texas Rangers president and a Lone Star State guy through and through, to oversee the floundering finances of the Los Angeles Dodgers as the team gets its house in order. Schieffer, currently an attorney specializing in oil and gas […]
Biscuits: Unquestionably a financial home run
It’s been seven seasons since the Montgomery Biscuits set up shop at Riverwalk Stadium, and in that time the team and ballpark have made a significant economy impact in the Alabama city. In fact, the team has paid far more in lease payments than anyone anticipated. We’re guessing all sides went in with conservative estimates, […]