The Critical 'I'

Read. React. Repeat.

Tuesday, January 21, 2003

sell 'em back to brooklyn!
Less than six years after buying the team, Rupert Murdoch's News Corp. is looking to sell the Los Angeles Dodgers. This is a move that's been rumored for a while now, and the main motivation is generate some cash for making other aquisitions.

It looks to me that this is mission accomplished for News Corp. in their adventure in owning the team. The only reason they wanted the Dodgers in the first place was to secure their broadcasting rights--which of themselves, are probably the most valuable part of the operation. They've gotten that, and locked them up for several years regardless of who owns the team. So buying the team was just a means to an end. Pretty slick, if you've got the funds to pull it off, and obviously they do.