Maybe I can’t get past the fact that current Dodgers owner Frank McCourt, the guy whose inept management and systematic looting drove the team into bankruptcy, is about to set some kind of record for the largest amount of money ever pocketed in the sale of a sports franchise. It’s as if McCourt tried to shoot himself in the foot, missed, and struck oil instead. It could have happened to a nicer guy.
Last year I wrote that McCourt had to go, and he is finally going to go. But he’ll be a lot richer than he was when he arrived, and that’s not necessarily the way I wanted to see him go. As Smith College’s Andrew Zimbalist put it, McCourt took a $430-million asset and turned it into a $2.15-billion asset by despoiling it over a period of eight years. McCourt is proof that you can make it in America by being so obnoxiously incompetent that someone will pay you a billion dollars just to leave town.… Click here to read the rest