Mark Cuban said on TMZ today that he has an interest in purchasing the Dodgers, but said, the clubs "such a mess," and really isn’t worth the investment.
Cuban said that if the club came up for sale that, "If they're fixable and the deal is right, then I'm very interested."
The key is “fixable” and “deal is right”.
Cuban may spend money, but it isn’t done foolishly. In fact, Cuban was keenly aware of the value that he saw the Texas Rangers were worth, and conceded to the group led by Chuck Greenberg and Nolan Ryan when they bid over that figure last year when the club was up for auction.
In other words, Cuban isn’t likely interested to take on an endeavor dripping with massive debt. He also isn’t likely to be interested unless the whole enchilada – Dodgers, Dodger Stadium, parking revenues, and land around the ballpark – are in the mix. With the way Frank McCourt broke off assets of the Dodgers, even if the league wrests control of the Dodgers away from McCourt, he could fight to retain the other pieces. For Cuban (and likely any other investor worth their salt), that won’t make for “deal is right.”
Still, Cuban’s stock has certainly risen after the Mavericks won the NBA Championship. As one MLB club exec said to me, “He showed a whole lot of class throughout the Game 6 celebration.”
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