The Deal
Saturday, November 21, 
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Entries tagged "Major League Baseball"

Cuban waiting on deck for Dodgers

Billionaire Mark Cuban hasn't totally closed the door on owning a Major League Baseball franchise.


Feuding McCourts could force LA Dodgers sale

The Los Angeles Dodgers' owners are fighting amongst themselves in a battle that could result in the sale of the franchise.


Rangers auction heats up

Tom Hick's is expected to sell a minority stake in the Texas Rangers and Dallas Stars by year's end.


Dykstra auctions World Series ring, trophy

Poor Lenny Dysktra. His bankruptcy has led to the auctioning off of his memorabilia including his 1986 World Series ring and trophy.


Ricketts deal for Cubs advances another base

The Ricketts family reached an agreement to acquire the Chicago Cubs but still needs approval from Major League Baseball owners and the federal bankruptcy court.


Sports leagues of a feather stick together

One of the more peculiar aspects of the bankruptcy proceedings of hockey's Phoenix Coyotes is the keen interest taken in it by the MLB, the NFL and the NBA.


NY Mets next error could be junk debt

The Mets have been bumbling off the field with its latest error a possible Moody's downgrade to junk of bonds sold in 2006 to finance the club's new Citi Field.


Yankees, Mets top Forbes' MLB valuation list

The Yankees and Mets are the No. 1 and No. 2 most valuable Major League Baseball franchises, according to Forbes.


Cuban has the last word on dropping out of Cubs auction

Dallas Mavericks owner Mark Cuban, who is known for his outspoken antics both at court side and in the media, finally spoke out on his last involvement in the Cubs auction via his Web site Blog Maverick....


N.Y. Mets still standing after Madoff steal

The New York Post reported Thursday that Fred Wilpon lost as much as $500 million in Bernard Madoff's $50 billion Ponzi scheme. But New York Mets fans can rest assured that despite Wilpon and co-owner Saul Katz confirmed losses from investments in Madoff's fund, it is one mistake that won't impact their Major League Baseball team.  ...


Economy may give Cubs bidders indigestion

The Chicago Tribune reported on Tuesday that revised bids, including financing details for Major League Baseball's Chicago Cubs, are due before Thanksgiving. However, if the potential buyers are unable to secure financing in a period where bankers have been very picky about lending, the once highly anticipated auction will turn into anything but a holiday feast....


Cubs auction starts as Wrigley Field sale goes foul

On the same day Tribune Co. is expected to send out the books for the Chicago Cubs auction, news of the fate of Wrigley Field, the team's ancient home, was also making the rounds....



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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.


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Easing the stress of distressed M&A

Corporate buyers face numerous complexities when trying to identify the right moment to purchase a distressed asset.


Editor's Note

Editor's letter: Nov. 16, 2009

Beneath the veneer of Wall Streeters beats the same heart, stirred by the same determinants of behavior.



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