Mark Cuban won’t be the next owner of the Los Angeles Dodgers, and that might be a bad thing for the team’s fans. Because according to Cuban, while he was interested in buying the iconic baseball team, the other bidders are more interested in buying the Dodgers’ television rights.
Cuban recently appeared on Access Hollywood and explained why his bid for the Dodgers failed…
“It just didn’t work out. I wanted to buy a baseball team; they were selling a media rights deal…The economics got so out of control because the Dodgers’ TV deal’s up for bid and so there’s a lot of groups coming in going, ‘This TV deal’s worth so much money that we’re gonna pay whatever it takes to get the Dodgers.’ And so they’re buying the TV rights deal first and the team second.”
If you are a Dodgers fan, this has to be troubling news. We have already heard that bidding for the team could reach $2 billion. And while that certainly means the next owner will have deep pockets. It could also mean that the next owner will care more about maximizing profit and less about winning pennants.
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