We were supposed to be reading about the auction process for the Los Angeles Dodgers sale right now. The three bidders were supposed to be approved by the other owners as something of a formality, then there was supposed to be an auction, and then we were supposed to know what happened by the end of the week.
Los Angeles Dodgers Sale: The New Owners Speak
But the group led by Magic Johnson and Stan Kasten got really motivated and took back a bunch of aluminum cans and glass bottles that they’ve been meaning to get to for a while, and, well, long story short, they completely overshot the bid that everyone was expecting. And now they’re talking to the Los Angeles Times. Are the Dodgers looking to spend a lot of money?
Johnson: “Other teams are doing it. It’s not just the Yankees. The Angels invested a lot of money into Albert Pujols and C.J. Wilson. You see what the Tigers just did with Prince Fielder. Teams are investing. That’s what you do when you put a winning team on the field. We’re not going to be any different from those teams.“Also, we would love to copy the Yankees’ success. If you’re saying, ‘Do we want to be the Yankees?,’ the answer is yes. We want to win the World Series. We do want to win.”
Kasten: “You just gave Scott Boras his speech for next October!”
Pretty much. Even if the Dodgers are now owned by people who are just a bit more leveraged than they were at the start of the week, they’ll still spend. And they’re loudly proclaiming it, which means they’ll have to spend a little more because agents are stupid. Ah, who cares? Have a glass of champagne. It’s Cristal.
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