<![CDATA[Deadspin: Owners]]> http://cache.gawker.com/assets/base/img/thumbs140x140/deadspin.com.png <![CDATA[Deadspin: Owners]]> http://deadspin.com/tag/owners http://deadspin.com/tag/owners <![CDATA[ It's Almost As If Owners Are Just Trying To Steal Money ]]> newyankeestadium.jpgIt's easy to forget, when we're all caught up in the fun of the postseason and what-not, that every moment we find ourselves excited about it is designed primarily — almost solely — on putting more money in owners' pockets. You'd think they wouldn't have to fudge the rules to make more money. But they do.

First, the Yankees: A watchdog group has alleged that the Yankees have been using public funds to buy ridiculous indulgences.

The group Good Jobs New York says the team turned in receipts for the 2005 year to the city for such extravagant items as crystal baseballs, post-season bar tabs, wool baseball caps, and gifts for corporate clients. The group adds that the "privately financed" project of building a new Yankee Stadium is actually costing taxpayers $795 million.

The Yankees deny the story. Meanwhile, Mark Cuban is openly using his Sharesleuth site to make him money on shorted stocks. The New York Times calls this "about as basic an ethical violation as there can be." But at least he — and George Steinbrenner — can dance!

Yankees Using Public Money To Buy Themselves Nice Things [Sports By Brooks]
Owner Mark Cuban Trades Stocks On Sharesleuth's Advance Info [Wired]

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Deadspin-307035 Thu, 04 Oct 2007 13:35:41 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=307035&view=rss&microfeed=true
<![CDATA[ Switching Captains In Cincinnati ]]> greatamballpark.jpgYesterday, the Cincinnati Reds announced that owner Carl Lindner is selling controlling interest in the team to local businessman Robert Castellini, who was part of the St. Louis Cardinals ownership group. We don't usually get into the business of owners too much here, mainly because we find it much more interesting to talk about people who can run and jump and things rather than old bald white men who sign checks.

But as The Red Reporter — which is all over this story — points out, it's a unique case in Cincinnati. Lindner had the taxpayers built a stadium for him, and he rewarded the community by ... signing Ramon Ortiz? Cincinnati is one of the great baseball cities in the country and is passionate about its team, but Lindner had turned the whole metropolitan area against the team, to the point that the biggest hero in the town is probably still Pete Rose.

The new ownership could make Cincinnati relevant in the baseball world again, which is great, unless of course you're black, in which case, nothing in Cincinnati is all that great for you.

Meet The New Owner [The Red Reporter]

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Deadspin-134936 Thu, 03 Nov 2005 08:57:57 EST Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=134936&view=rss&microfeed=true
<![CDATA[ Giants Owner Wellington Mara Dies ]]> wellingtonmara.jpgLongtime Giants owner — and just about the only sports owner we can ever remember professing affection for, if just because he was old and spindly — Wellington Mara has died at the age of 89. Mara was one of the most influential owners in sports history, pioneering the notion of sharing television revenue among all the teams, which is why, say, we have a team in Green Bay right now. Mara was a busy man, but his wife might have been even busier; they had 11 children and 40 grandchildren.

Another thing a lot of people didn't realize about Mara: He was a staunch pro-life advocate, once writing an open letter to former New York Gov. Mario Cuomo blasting him for his criticism of Church opposition to abortion.

And he was notorious for showing up at every Giants game. It almost became a Giant team tradition to give him a game ball toward the end of the season, apparently for surprising them all and surviving the year. Expect a very, very long column by Mike Lupica tomorrow that was probably written six years ago.

Wellington Mara Dies [ABC Local]
Mara's Response To Cuomo [Life Athletes]

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Deadspin-133020 Tue, 25 Oct 2005 12:20:45 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=133020&view=rss&microfeed=true
<![CDATA[ Baseball Owners (Get This) Might Be Untrustworthy ]]> googleipo.jpgWe're not saying that baseball owners who claim they're losing money are full of horse manure or anything, but a report in The New York Post says that Major League Baseball will not be offering MLB.com up as an IPO because owners don't want to open up their financial records to the public.

Marlins blogger Fish Stripes is eager and just in calling bullshit.

Something doesn't add up here. Think about it. If you were crying poor (from your mansion) and I offered you $100,000,000 dollars if you'd only let me verify that you were poor, wouldn't you do it? Of course you would. But baseball isn't doing that here because they don't want to be called to the carpet about how the sources of their losses (in reality it's book losses like depreciation that cause a team to "lose money"). All of that would come out if this IPO would come to be.

So, what we've learned is that keeping their financial details private is worth (on average) more than $100,000,000 per team. That's amazing.

Baseball Owners Turned Down $3 Billion From Potential IPO [CNN/Money]
Marlins Turn Down $100 Million [Fish Stripes]

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Deadspin-128024 Wed, 28 Sep 2005 17:04:41 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=128024&view=rss&microfeed=true
<![CDATA[ Mark Cuban Would Rather You Not Count His Fans ]]> markcubansouthpark.jpgEverybody's favorite punctuation-resistant NBA owner Mark Cuban has had a busy offseason, hollering at New York Times reporters, apologizing for cutting Michael Finley and remembering the exact moment he stopped being one of us and became dirty, grimy rich.

Today, the angry one rants about sports leagues' insistence on releasing attendance figures, saying it provides a competitive disadvantage, even though we're having trouble coming up with other entertainment options that don't release their numbers. (Maybe TV? Six Flags? Strip clubs?)

Whats more, since teams do report attendance, it gives media something more to analyze. They want to dissect how we get to the number. Is it paid attendance ? If the number was X, why were there so many empty seats ? Which in turn allows them to speculate even further about what they think is impacting attendance. How stupid are we for reporting attendance ?

We're no expert in this stuff, but when the Mavericks miss the playoffs next year, we're guessing that will have an impact on attendance. (Don't hate us, Mark! We come in peace!)

Because That's The Way We've Always Done It [Blog Maverick]

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Deadspin-125359 Tue, 13 Sep 2005 17:45:00 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=125359&view=rss&microfeed=true
<![CDATA[ Kraft Meant To Give The Ring All Along! Of course! ]]> krfat.bmpPatriots owner Robert Kraft now says that he meant to give Russian president Vladimir Putin his Super Bowl ring in the first place.

"Upon seeing the ring, President Putin, a great and knowledgeable sports fan, was clearly taken with its uniqueness. At that point, I decided to give him the ring."

Uh, we don't believe him. Do you?

Kraft Cites Circular Joys Of Giving [Boston Globe]

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Deadspin-110710 Thu, 30 Jun 2005 10:27:06 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=110710&view=rss&microfeed=true
<![CDATA[ He Should Have At Least Gotten Some Vodka Out Of It ]]>
Patriots owner Robert Kraft was out doing what huge capitalists do this week: Meeting with leaders of other countries and gladhanding them enough so they'll give them some free shit down the line. Kraft shook hands with Russian president Vladimir Putin and, to show off, handed Putin his Patriots championship ring, the notoriously overstacked-with-diamonds one.

And Putin pocketed it.

No, really. Putin apparently believed the ring was a gift from Kraft and took it. The ring was then deposited in the Kremlin library. Kraft has yet to say how (or whether) he'll get the ring back, but ring's value is said to be "way above $15,000." Best part: Someone in the picture above blatantly stole something, and it wasn't Rupert Murdoch.

A Gem Of a Cultural Exchange [Boston Globe]

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Deadspin-110553 Wed, 29 Jun 2005 11:51:07 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=110553&view=rss&microfeed=true
<![CDATA[ Hey, Sometimes You Need A Place To Sleep During Devil Rays Games ]]>
Well, it was only a matter of time. The Tampa Bay Devil Rays — the saddest, cheapest, most desperate franchise in baseball — has taken to selling furniture at the ballpark. Seriously. The D-Rays have a deal with a local furniture outlet to sell ottomans and sofas and all kinds of things you lie down on — like Wade Boggs, for example — in the ramp leading up to the team clubhouse.

That sound you hear is Devil Rays manager Lou Pinella having his sixth heart attack today.

Naimoli's Bleeding D-Rays Dry [Ft. Lauderdale Sun-Sentinel]

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Deadspin-110163 Mon, 27 Jun 2005 12:32:15 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=110163&view=rss&microfeed=true
<![CDATA[ Buy The Nationals! ]]> Wanted: Wealthy individual (white preferred. sorry!) willing to plunk down $400 million for franchise with limited television rights, decaying stadium and loyal (if a little too black) fan base. Must be open to making no decisions and following orders from former car salesmen and lawyers. Oh, and you can't change the name.

Nationals Go Up For Bid [Washington Post]

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Deadspin-108956 Wed, 01 Jun 2005 10:52:47 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=108956&view=rss&microfeed=true
<![CDATA[ Colin Powell Set To Be Marginalized Again ]]> This is what President George Bush did to Colin Powell: He saw that he was an extremely popular public figure; gave him an initial high-ranking, visible position (Secretary of State); did all the real maneuvering behind his back (with Dick Cheney); waited until he needed his public persona the most and used it to defend a shaky premise (invading Iraq); and then left Powell to take the public hit when that premise was proven faulty.

This is what MLB Commissioner Bud Selig is going to do to Colin Powell: See that Powell is an extremely popular public figure; give him an initial high-ranking, visible position (top investor in the Washington Nationals); do most of the major maneuvering behind his back (with Peter Angelos); wait until he needs Powell's public persona the most and use it to defend a shaky premise (a publicly financed stadium in DC); and then leave Powell to take the heat when that premise is proven faulty.

Who ever said a couple of good car salesmen couldn't find themselves a quality sucker?

Powell Joins Nationals Investors [Washington Business Journals]

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Deadspin-108893 Thu, 26 May 2005 10:25:45 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=108893&view=rss&microfeed=true
<![CDATA[ Steinbrenner Still Alive And, Apparently, Vaguely Alert ]]> steinbrenner.jpg
Like everyone, we were beginning to wonder if George Steinbrenner was stashed away in an old-folks home somewhere, terrorizing the arts and craft room and insisting that old ladies shave their facial hair. But alas: He's still around, giving an interview with the YES Network that will air Sunday. The New York Times' Richard Sandomir has some selected quotes:

—On the way he was portrayed on Seinfeld: "It was accurate."
—What he likes to eat: "I like White Castles very much. I get them brought to the stadium for games. Krispy Kremes. I get calzones, Krispy Kremes and Dunkin' Donuts."
—His favorite television show: "'Mary Tyler Moore.' No two ways about it. The cast was so great. The people were all in the right place. When they went elsewhere, they didn't do as well."

In Rare TV Appearance, The Old Steinbrenner Speaks [New York Times]
YES Network Sunday Schedule [YES]

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Deadspin-108808 Thu, 19 May 2005 13:24:53 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=108808&view=rss&microfeed=true
<![CDATA[ California Legislature Publicly Confesses Boredom ]]> angels.jpg
Angels owner Arte Moreno is the type of guy we like. In case you forgot, this guy got around the Angels' agreement with the city of Anaheim that he would keep their city in the team's name by calling them the "Los Angeles Angels of Anaheim," knowing full well that the name would just be shortened to LAA. As always, legislators are impotent in the face of billionaires; the California General Assembly voted yesterday to require the team inform its fans that it plays in Anaheim, not Los Angeles. (It has to pass the California Senate next. Wonder what Arnold will think?) This would seem an extraneous gesture; if one needs to inform one's fans where, exactly, the team plays, it is possible that the team's name is the least of one's worries. Still: Maybe the idiots with the ThunderStix will get lost on the way to the park.

Assembly Passes "Disclaimer" Bill [Los Angeles Times]

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Deadspin-108791 Wed, 18 May 2005 13:26:55 EDT Leitch http://deadspin.com/index.php?op=postcommentfeed&postId=108791&view=rss&microfeed=true