March 28, 2012 |
PALM BEACH, Fla. — The astronomical sale price of the Dodgers reverberated across the country Wednesday, and across professional sports leagues, with some NFL owners calling it a $2.15-billion reminder of how valuable the Los Angeles market could be. "I think it reflects the value ? of being involved in the sports business in L.A.," said Dallas Cowboys owner Jerry Jones, heading for the airport at the conclusion of the league's annual meetings at the Breakers hotel. "It should serve to encourage teams and owners to come to L.A. " Steve Tisch, co-owner of the New York Giants and part-time L.A. resident, said the sale "is going to draw a lot of attention to L.A. as a super-valuable market for sports teams.
March 24, 2012 |
Here's another sparkling entry in the storied career of Hall of Fame NFL coach Joe Gibbs: His NASCAR team's performance in Fontana. Gibbs driver Joey Logano won the Royal Purple 300 at Auto Club Speedway on Saturday, giving Gibbs a record eight consecutive wins at the two-mile oval in NASCAR's second-level Nationwide Series. The streak "means a lot," said Gibbs, who also has a team in NASCAR's elite Sprint Cup Series that includes Logano. "These things are so hard to win. Southern California, we love coming here.
February 9, 2012 |
The multiple-car teams owned by John Force and Don Schumacher dominate drag racing's funny car class, but one-car team owner and driver Cruz Pedregon isn't about to concede an advantage. After finishing a close third in the championship standings last year, Pedregon, 48, is confident he can win his third funny car title this season despite constantly facing the Force and Schumacher entries. "By no means were we disappointed; we were excited" with last year's finish and consider it "a boost, no question" going into this year, he said.
January 22, 2012 |
By the time Cy Young Award winner Clayton Kershaw throws the first pitch of the Dodgers' season April 5, the cloud of uncertainty that has lingered over the team for more than two years should finally have passed. Frank McCourt, no longer fighting to retain control of the Dodgers, has agreed to select his successor as the team's owner by the first week in April. The Dodgers are expected to command a record price for a major league club, and the sale process begins in earnest Monday.
January 10, 2012 |
Baseball owners say Commissioner Bud Selig will be offered a contract extension at this week's meetings in Phoenix. ESPN.com first reported that Selig will be offered an additional term when owners meet Wednesday and Thursday in Scottsdale, Ariz. Two owners, speaking on condition of anonymity, told the Associated Press on Tuesday that a new term will be proposed. Owners also intend to approve the completion of the sale of the San Diego Padres from John Moores to Jeff Moorad . Selig, 77, has been commissioner since September 1992 and would surpass Kenesaw Mountain Landis for longest tenure in September 2016.
November 2, 2011
Now that Frank McCourt has finally agreed to sell the Dodgers, names of prospective bidders are flying through the air over Chavez Ravine — business titans, other team owners, consortiums of former star players. Good. It should be a highly competitive auction. Because Los Angeles deserves a team owner who can provide everything that a billion-dollar, storied franchise and its fans deserve. A new owner (or co-owners) should be savvy enough to know when and how to invest in the team's best interests — whether it's developing a good farm system of potential baseball stars or snapping up a free agent who fits the team's needs.
November 2, 2011 |
Peter O'Malley, whose family owned the Dodgers for nearly half a century, said Wednesday he would like to run the team once again. O'Malley said he hopes to lead an investment group that would buy the Dodgers, enabling him to return as the team's chief executive. "I want to reconnect the team and the community," O'Malley said. When he spoke out last fall, in urging owner Frank McCourt to sell the Dodgers, O'Malley said he had no interest in returning as owner or president of the team.
November 2, 2011 |
Mark Cuban, the owner of the NBA champion Dallas Mavericks, said he offered to buy the Dodgers several months ago but declined to enter negotiations when owner Frank McCourt said the price would be in the range of $1 billion to $1.2 billion. "At that price, I wasn't interested," Cuban said Tuesday. Cuban, who has lost out in bidding for the Chicago Cubs and Texas Rangers, said he remains interested in buying the Dodgers. Cuban said he could not recall exactly when he made his overture to McCourt, but said he did so "in anticipation of what might happen.
October 31, 2011 |
A Gulfstream jet carrying Rick Hendrick , one of NASCAR's most successful team owners, his wife, Linda , and two pilots ran off a runway in Key West, Fla., on Monday night, but "there were no serious injuries," Hendrick Motorsports said. The G150 airplane was "experiencing brake issues upon landing at Key West International Airport," the team said, adding that all four people "were taken to a local hospital for evaluation. " Four of the leading drivers in NASCAR's Sprint Cup Series drive for Hendrick: reigning champion Jimmie Johnson , Jeff Gordon , Dale Earnhardt Jr. and Mark Martin . The incident occurred seven years after Hendrick's 24-year-old son, Ricky , Hendrick's brother John and two of Hendrick's nieces, along with six others, were killed when their small plane crashed on the way to a race in Martinsville, Va. — Jim Peltz ETC. Fisher says there's no rift in players' union Is there dissension in the NBA players' union?
CALIFORNIA | LOCAL
October 13, 2011
Robert Galvin Motorola chief transformed company Robert Galvin, 89, who over nearly three decades as Motorola's chief executive transformed the maker of police radios and TVs into one of the world's leading electronics companies, died in his sleep Tuesday in Chicago, his family said. Galvin oversaw Motorola's pioneering efforts in the cellular industry, including the creation of the first commercial cellphone in 1973 and the construction of the first cellphone network in the early '80s.