Frank McCourt Wheels and Deals For More
Used car salesman. Dick Cheney. Rampart Division cop. These are all people I trust more than Dodgers owner Frank McCourt.
It’s amazing too since one would think McCourt would have generated some good will with three division championships since swooping in from Boston to buy the Dodgers in 2004. Consecutive trips to the NLCS have revived the Dodgers from the nadir of the Fox days when decorated players were treated like chess pieces for television market domination.
But thanks to the McCourt’s divorce the financial documents of the Dodgers and the McCourts that are usually private are now public for the entire world to see, and we see that they are just using the Dodgers and Dodger fans as pawns for their toy box.
There’s no reason to begrudge anyone in seeking to make a profit - that’s the whole point of owning a business. But in Monday’s LA Times Bill Shaikin reported on previously confidential financial documents Jamie McCourt submitted in divorce proceedings, and some of it is astonishing.
The documents were prepared to convince Chinese investors to become partners in owning a soccer club in Beijing and purchasing another in the English Premier League. In it they anticipate Dodger revenues to jump from $295 million in 2008 to $529 million in 2018 thanks to proposed “DTV: Dodger Television” channels to be launched in 2014 in English and Spanish while maintaining to sell 3.8 million tickets annually.