Braves Quote For The Day
Forbes Magazine released their ranking of the value of all MLB teams, and here is what they said about the Braves:
The Braves are at a crossroads. The team has not made the postseason since 2005 and attendance at Turner Field was 2.4 million in 2009, an average of just 29,300 per game, the lowest since the ballpark opened in 1997. Manager Bobby Cox is retiring after this season, his 25th at the helm. At this point it is a fair question to ask: Will Liberty Media's ownership of the Braves resemble CBS' disastrous reign of ownership of the Yankees in the late 1960s and early 1970s, or Walt Disney's triumphant leadership of the Angels earlier this decade? Liberty has supported the Braves financially. The team's payroll was $99 million last season, sixth-highest in the National League. But its legacy as the owner of the dominant NL franchise of the 1990s will be determined by whoever succeeds Cox.
That's the concern. Luckily, those other examples were apparently taken into account when Bud Selig approved the sale of the Braves to Liberty Media. Forbes values the current Braves franchise at $450 million, $50 million more than what Liberty bought the team for just a few years ago. That's a pretty good return on investment... so perhaps it's time to sell to an owner who has in interest in putting the best team on the field year after year.
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If only there were another Ted Turner…
by EricGreggWasPaidOff on Apr 8, 2010 2:12 PM EDT reply actions
I don't think Arthur Blank is interested...
plus if I’m not mistaken the NFL doesn’t allow owners to own teams in other leagues. So, who else we got?
What about all us Talking Choppers chip in and buy the team! :=)
Sheridan " Braves look dangerous this season", I agree.
Not a bad idea
If there are 50,000 fans willing to buy a share of the franchise, and they wanted to purchase a majority interest at $450,000,000, then each fan would kick in $4,520.00. It’s more realistic than I would have thought. If someone wants to organize this, I’ve got a check for $4520.00 waiting for them.
"…aren’t worthy enough to hold his (Pujols) ass cheeks apart while Playboy models wipe him with thousand dollar bills after he craps out the cure to whatever previously-incurable disease." by royhobbs 1/7/09
The Associated Press, May 2006, At this time he was, and evidently the NFL approves,
Atlanta Falcons owner Arthur Blank also has confirmed his continued interest in buying the Braves.
Blank, who bought the Falcons in 2002 and also owns the city’s Arena Football League team, clearly wants to add the Braves to his collection of sports teams mirroring the path that Turner took in the 1970s when he first bought the Braves, then landed the NBA’s Atlanta Hawks.
Sheridan " Braves look dangerous this season", I agree.
I wish he would buy the Braves,
he spares no expense at trying to get the best players on the field.
I’m not complaining though. FW has used the $ from Liberty Media to put a darn good team on the field this year!
Sheridan " Braves look dangerous this season", I agree.
Link for the above comments:
http://www.accessnorthga.com/detail.php?n=110689
Sheridan " Braves look dangerous this season", I agree.
Same city, so the rule wouldn't matter...
I knew there was something tricky to it, and here it is…
The cross-ownership rule prevents owning a controlling share in an NFL team in one market while owning majority interest in another major league team (baseball, basketball, hockey) in a competing NFL city.
http://www.omaha.com/article/20100324/SPORTS/703249800
Huh, interesting never knew that.
"SIGN PUJOLS OR FIRE WREN" ~ Swo12bv
by Smoltz's Beard on Apr 8, 2010 3:36 PM EDT up reply actions
Since when were the Braves sold to Liberty for a dollar amount?
As I understand it, Liberty did an asset swap with Time Warner where they traded 60 million shares of Time Warner stock back to TW in return for a billion in cash, the Braves, and some random magazines or something. Considering the stock itself was worth less than 1.3 billion, I’m not sure where the $400 million price tag is coming from unless it has to do with adjusting for the tax breaks the asset swap allowed for Time Warner.
You are correct, the link below covers the details.
http://www.accessnorthga.com/detail.php?n=110689
Sheridan " Braves look dangerous this season", I agree.
"an owner who has in interest in putting the best team on the field year after year"
Well, I’d rather have a faceless corporation than the Wilpons or Drayton McLane.

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