John Fisher is good for the money, he promises, also could someone please wildly overpay for a stake in the A’s, and soon? Also, Jerry Reinsdorf’s attempt to create leverage from the ether intensifies, and the WNBA players opt out.
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On Wednesday, Baseball Prospectus published a piece of mine updating their readers on what’s going on with the A’s and their quest to move to Las Vegas. I’ll give you the short version here: sources close to the A’s have been saying that there’s a plan “in place” for the private funds needed to cover the over $1 billion the A’s are on the hook for to build a stadium in Vegas, but no one is allowed to see the plan, there is no set date for revealing the plan despite a ticking clock, and oh, also the plan isn’t actually finished or in place, and is still mostly a hypothetical about things owner John Fisher could do if he wanted or needed to, I guess.
I bring this up here not just to point you in the direction of related writings elsewhere, but also because, later that same say, the New York Post published an “exclusive” story about the A’s and their quest to sell 25 percent of the team for $500 million, which some simple math tells us means they’re valuing the franchise at $2 billion. Two things: first, those same figures were reported nearly a year ago by the Los Angeles Times, and second, this doesn’t mean the Post is necessarily behind the times or the Times, so much as that it’s like Fisher simply isn’t moving off of this amount of money for this amount of ownership, and the calls for it are just getting louder given the aforementioned ticking clock.
Continue reading “Notes: Latest on the A’s, Reinsdorf’s Nashville gambit, WNBPA opts out of CBA”