Marlins for sale

[black francis]

Tweet from Heyman

"other team owners seem pretty excited about the price in reported $1.6B marlins agreement. shows high value of franchises."

 

[black francis]

pretty good deal since he paid $158M in 2002

 

[Used 2 B Hu]

pretty good deal since he paid $158M in 2002

Michael Jordan should buy them and move them to Charlotte

 

[Guy Incognito]

Just imagine how much they'd be worth if people showed up at the turnstiles.

 

[black francis]

According to Forbes, there is a real estate developer in New York who has a “handshake agreement” to pay $1.6 billion for the Miami Marlins, just as soon as he can acquire $1.6 billion.

My sources would not say who the $1.6 billion handshake agreement was with other than he is a real estate developer based in New York City. The problem, according to these sources, is the potential buyer is not liquid, meaning he does not have the cash to buy the Marlins because his net worth is tied up in real estate. Thus, for the real estate developer to purchase the Marlins would likely require more debt than MLB would be comfortable with.

In other words, a guy — an unnamed guy, no less — who doesn’t actually have $1.6 billion has offered to pay $1.6 billion for the Miami Marlins. Just needs to liquidate some assets first and this is a done deal …

I hate to be a cynic, but it seems like somebody needs to here. What evidence do we have that this is anything other than Marlins owner Jeffrey Loria cleverly leaking a sales price on the franchise that cost him just $158 million in 2002?

The Marlins haven’t been a particularly successful franchise on the field, and they haven’t drawn much of a crowd, either. Taxpayers bought them a $639 million stadium five years ago, and the team hasn’t yet had a winning season in it.

I’m not calling this a John Spano situation, but consider me skeptical that this offer has any realistic basis.

Jeffrey Loria, Miami Marlins, MLB

 

[Used 2 B Hu]

Maybe the mystery buyer is Trump, and they can't say because he's POTUS or some shit

 

[black francis]

Michael Jordan should buy them and move them to Charlotte

That would be a pretty cool, but I'm sure Angelos would have a problem with that

 

[Used 2 B Hu]

That would be a pretty cool, but I'm sure Angelos would have a problem with that

He should go back to Greece

 

[The Q]

This sounds the best for everyone involved.

 

[black francis]

This sounds the best for everyone involved.

Except the people who bought that new stadium for him

 

[The Q]

Except the people who bought that new stadium for him

You think they're moving the team?

 

[SlinkyRedfoot]

Tweet from Heyman

"other team owners seem pretty excited about the price in reported $1.6B marlins agreement. shows high value of franchises."

I just posted this on the ALc Thread:

Allegedly, the deal is for $1.6 Billion, with a "B." Holy shit. The Dodgers and their massive TV deal "only" sold for $2 billion just five years ago. Either the Dodgers were sold for a song, the perspective Marlins' buyer is about to get bent over the desk, or teams are worth a fuckload more than they were five years ago. Or, some combination of the three.

Another staggering thing, Loria bought the Marlins in 2002 for $158MM. If this sale goes through, that's a 913% return on his investment in 15 years, and that's not accounting for any profits he's made in the interim.

Holy shit. Nice work if you can get it.

 

[SlinkyRedfoot]

Maybe the mystery buyer is Trump, and they can't say because he's POTUS or some shit

Hehe. I was going to make the same joke.

 

[$500 Million]

Don't let the door hit your ass on the way out Mr Loria.

Good riddance.

 

[black francis]

You think they're moving the team?

I don't know, but it wouldn't surprise me.

 

[Mike A. S.]

I think it's great for MLB to rid themselves of Loria. He's not a good owner.

 

[The Q]

I don't know, but it wouldn't surprise me.

Don't be surprised if we see the Florida or Miami Rays then....

 

[black francis]

Don't be surprised if we see the Florida or Miami Rays then....

Makes sense

They really only need one team anyway.

 

[The Q]

Makes sense

They really only need one team anyway.

It would solve a lot of problems.

Rays get already built new digs, no more taxpayer money being funded...that's good.

Maybe the Marlins jump to Montreal.

Not sure what Oakland will do then.

 

[Mike A. S.]

It would solve a lot of problems.

Rays get already built new digs, no more taxpayer money being funded...that's good.

Maybe the Marlins jump to Montreal.

Not sure what Oakland will do then.

But how it this any better than Tampa Bay just moving to Montreal or wherever?