The issue isn't the expense, it's the revenue. As quoted here:
âThis may be close to an $800 million to $1 billion gain for the Dodgers over a decade,â
The world is A) full of money, and B) people make it in ways never imagined by anyone until very recently. Comparing Ohtani's contract with A-Rods $250M contract only 23 years ago is useless.
Sports are pure entertainment now...not athletics. Jerry Jones paid $150M to own the Cowboys in 1989. Pretty soon, they'll be worth $10B. That's roughly a 12% annual compound return. Ask Warren Buffett.. âMy wealth has come from a combination of living in America, some lucky genes, and compound interest.â
The $1B isn't an expense... it's a way to maintain brand value while the underlying asset just grows....and grows... at a much lower net cost than advertised. If the first quote is correct...Ohtani may be the least expensive signing this offseason.
Paywalled link above - here's a clean one.
Curious to see who's going to be bidding for Cody Bellinger now - Blue Jays, Giants, Mets...? Maybe he'll stay with the Cubs.
The issue isn't the expense, it's the revenue. As quoted here:
âThis may be close to an $800 million to $1 billion gain for the Dodgers over a decade,â
The world is A) full of money, and B) people make it in ways never imagined by anyone until very recently. Comparing Ohtani's contract with A-Rods $250M contract only 23 years ago is useless.
Sports are pure entertainment now...not athletics. Jerry Jones paid $150M to own the Cowboys in 1989. Pretty soon, they'll be worth $10B. That's roughly a 12% annual compound return. Ask Warren Buffett.. âMy wealth has come from a combination of living in America, some lucky genes, and compound interest.â
The $1B isn't an expense... it's a way to maintain brand value while the underlying asset just grows....and grows... at a much lower net cost than advertised. If the first quote is correct...Ohtani may be the least expensive signing this offseason.
I will absolutely go to Denver this summer to see a Dodgers game. They're absolutely loaded with players I want to be able to say that I saw play.
Now to go see what McCovey Chronicles has to say ââ oh they only updated the article that said he'd turned down the Giants...
In the latest humiliation of the San Francisco Giants, the next best free agent on the market, starting pitcher Yoshinobu Yamamoto â formerly of the Orix Buffaloes of the Nippon Professional Baseball and soon to be either a member of a New York team or the Dodger â has informed our favorite baseball team that they suck and are losers.
The bad news is they're poised to again dominate the NL West so the only joy for the rest of us will be seeing them collapse in the early rounds, and/or beating the snot out of them in individual series. At LA.
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