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Tuesday, January 27, 2015
The Temperature Rises: Dodgers In Talks To Sell Minority Share
The Times reported last week that the Dodgers are in talks to sell a minority share to a Korean partner, which I suppose should come as no surprise. This is a step one takes if one is starting to run low on cash, or otherwise wishes to diminish exposure to downside. Which is to say, the early ebullience of the Kasten era has given way to a more sober assessment of the likelihood the team's overarching flaw, its uncompleted TV deal. At this point, it seems to me, it's a question of when, not if, SportsNet LA will go into bankruptcy, and take the Dodgers with them.