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Post by Guidas on Sept 13, 2012 10:21:48 GMT -5
Charles Gasparino on FoxBusiness News right now saying John Henry, feeling pressure from Liverpool (losing money) and his commodities firm (not doing well) has been "quietly" shopping the Sox since June. Asking price is $1.38B.
Sox have denied but Gasparino standing by his sources who appear to include "interested individuals."
Discuss/Kvetch/Whine.
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Post by grandsalami on Sept 13, 2012 10:27:12 GMT -5
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Post by Guidas on Sept 13, 2012 10:37:11 GMT -5
Thanks GS - I saw this in an airport so had no link.
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Post by elguapo on Sept 13, 2012 10:42:41 GMT -5
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Post by yawkeywaybyday on Sept 13, 2012 11:28:19 GMT -5
Mark Cuban anyone. A guy who sells his soul for his Dallas Mavericks and does anything and everything to win. He has always said for the right market he would buy. He looked into the Dodgers and was all over the Cubs.
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Post by gregblossersbelly on Sept 13, 2012 12:27:10 GMT -5
If John Henry has lost his passion for baseball. I hope he sells. Appreciate the heck for what he's done. But, he has been MIA the last 2 years when the team needed leadership. It truly starts at the top.
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Post by curll on Sept 13, 2012 12:42:41 GMT -5
FFS, the Sox aren't for sale.
And, they'd be worth at least $3B - $6B considering the franchise will be around for at least another 100 years. Real world value, calculating for inflation, is somewhere around $15B or so over the next century, if not higher. The City has committed to the Fenway area, developers have, hospitals have, and universities have. NESN is a global product.
Really, the Red Sox are not going to be for sale. There might be a restructuring with Lucky and Werner out, though. And eventually, those they bring in may buy out Henry a decade or so down the line.
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Post by sibbysisti on Sept 13, 2012 13:06:14 GMT -5
But, if some of us pooled our money........
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Post by Guidas on Sept 13, 2012 13:08:22 GMT -5
Not sure what you are basing this on. Forbes does an annual market valuation. Sox came in at just over $1.0B. That includes NESN. www.forbes.com/teams/boston-red-sox/Seems like they are looking for a 39% up charge for some of the things you mentioned. That and perhaps to finance some new players for Liverpool and another shopping trip to London for Mrs. Henry. ADDED: I'd love Cuban but he terrifies Selig and more than half the owners because he does things like spend money and say it's incumbent on the owners (and not the host city) to do so.
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Post by jmei on Sept 13, 2012 13:30:11 GMT -5
According to John Henry on WEEI, Larry Lucchino has signed a contract extension (his previous contract was set to expire after 2012).
Given that, I think it's unlikely Henry & Co. are too serious about selling the team.
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Post by soxcentral on Sept 13, 2012 13:37:09 GMT -5
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Post by pedroelgrande on Sept 13, 2012 13:39:59 GMT -5
I can't believe people actually thought the Red Sox would be sold.
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Post by jt44 on Sept 13, 2012 16:35:47 GMT -5
This year sucks. Maybe I just don't notice it as much when the Sox are in the playoff hunt, but I feel like with the media and the rumor reporting, that things have really gotten out of control this year. Every possible fabrication of a story has come out in the media this year. I feel like Boston writers may just frequent various forums and then write stories based on ideas or comments made by fans.
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Post by Guidas on Sept 13, 2012 17:05:17 GMT -5
According to John Henry on WEEI, Larry Lucchino has signed a contract extension (his previous contract was set to expire after 2012). Given that, I think it's unlikely Henry & Co. are too serious about selling the team. That's the worst organization news I've heard since they signed Valentine.
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Post by Oregon Norm on Sept 13, 2012 17:09:21 GMT -5
I think it's an indication of how volatile the media market is these days, jt. Anything to hook the eyeballs, no matter the truth quotient. It's tough out there in newspaper-land what with all the digital competition.
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Post by psusox14 on Sept 13, 2012 17:37:56 GMT -5
Wow was I caught of guard by this thread! From reading the title, I thought it meant we were gonna trade for Chris Sale in the offseason! I was wondering if Kenny Williams lost his mind! Haha
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Post by nhdave on Sept 13, 2012 20:51:04 GMT -5
not sure how many of ya'll were around for the yawkey/yawkey trust/john harrington ownership period... will take the henry/lucchino/werner group over that any day... be thankful we didn't get the mccourt group.
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Post by Oregon Norm on Sept 15, 2012 23:14:17 GMT -5
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Post by fenwaythehardway on Sept 16, 2012 10:00:35 GMT -5
Matt Taibbi has an amazing ability to undermine very strong arguments by going completely overboard on them. I couldn't get past the part where he actually criticizes the Red Sox for giving up Brandon freaking Moss. Really? Yeah, those dumb Red Sox, they should have kept him around knowing that he'd finally have one good MLB season half a decade after they traded him. That kind of argument just screams "I know next to nothing about baseball and I certainly have no clue what the rule five draft even is, but boy have I got an axe to grind!".
I'll give Taibbi credit for his writing on Wall Street. Since it's humanly impossible to criticize those people too much, his style works perfectly there.
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Post by Oregon Norm on Sept 16, 2012 10:58:00 GMT -5
I know, I know. We just need to stop thinking of Taibbi as anything but another very disillusioned fan. Moss is probably having his career season, and why should the team have waited around for that?
I think the piece is useful only in that he occupies a public space we don't. If it does nothing more than bring pressure on ownership to get smart about how they approach winning, it serves its purpose. Like many others on the board, I want the team to stop wasting resources on older players whose numbers going forward are mostly a crapshoot, and focus on developing talent for the long haul - as temple has pointed out time and again.
That's why we all hang around this place.
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Post by fenwaythehardway on Sept 16, 2012 13:28:35 GMT -5
Like many others on the board, I want the team to stop wasting resources on older players whose numbers going forward are mostly a crapshoot, and focus on developing talent for the long haul - as temple has pointed out time and again. That's why we all hang around this place. We'll see. The Punto trade seems like an incredibly strong start. And lets be clear; give Cherington credit for fleecing good prospects off Ned Coletti. But he did not instigate this trade. Decisions involving that much money are made at the ownership level. So John Henry at the very least A) understands that there is a problem and B) is willing to do something about it.
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Post by Oregon Norm on Sept 16, 2012 15:32:33 GMT -5
I agree completely. They made a very smart move, and I said so when they did it. But given the lack of focus the team has shown over the last few years, if the public criticism helps to concentrate their attention, all the better. They do have a bit of karma to work off at this point.
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Post by Guidas on Sept 16, 2012 18:48:58 GMT -5
That trade remains aberrant occurrence until we see other end end that flexibility buys. If they don't somehow find a way to turn this into vital needs - a top 15 pitcher and a few high value position players (i.e. at least one high OBP (over .370) every day position player who fills a current need and is at least an average or better defensive player AND one every day player with acceptable OBP (.320 or better) who can get you 25 or more HRs a year and who is an average or better defensively - then what the hell good is all that salary flexibility?
Unless you are telling me Mr. Larry will now drop ticket prices by 33.33%, in which case he will laugh loudly at both of us.
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