Not the busiest week. Some news is coming in.
The Dodgers and MLB will start entertaining bids towards the end of the month. So far eight groups have been emerged:
- Orel Hershiser, Steve Garvey, and pet food magnate Joey Herrick
- Peter O’Malley
- Fred Claire, Ben Hwang, and Andy Dolich
- Dennis Gilbert, Larry King, and Jason Rees
- Mark Cuban
- Magic Johnson, Stan Kasten, and Mark Walter
- Joe Torre and Rick Caruso (Torre quit his MLB executive position to be the frontman for the bid)
- Time Warner
It should be competitive. In addition, Judge Leonard Stark is expected to rule next week on whether the Dodgers’ future TV rights can be sold with the team. For those thinking one of the losing groups could easily pick up the A’s if Lew Wolff is denied San Jose, I have to bring it up again: it’ll cost at least $400 million for the team (when including the premium) and $500 million for a ballpark (privately financed, of course). If Mark Cuban is balking at the Dodgers’ price tag at $1 billion, why would he put $900 million into Oakland? These guys aren’t in it to lose money.
- Lowell Cohn provides a counterpoint to my appearance on Athletics After Dark. Or a vitriolic diatribe. You decide.
- Governor Jerry Brown presented his new budget today, which would eliminate 3,000 jobs and consolidate numerous agencies.
- Redevelopment agencies are set to officially shut down by February 1. Legislation is in the pipeline to extend that deadline to tax day, April 15. Good luck with that.
- The replacement railings being installed at Rangers Ballpark will cost the team $1.1 million. They’re part of a $12 million package of improvements, much of them located in the outfield area.
- The Minnesota Vikings’ lease at the H.H.H. Metrodome ended with their last game of the season. They have said that they will not move forward with a lease renewal unless they get state help on a new stadium. The Vikes continue to tout their Arden Hills plan, while also looking at stadium sites closer to downtown Minneapolis.
- New York Governor Andrew Cuomo wants to reclaim Manhattan’s Javits Convention Center in order to allow for redevelopment, while allowing a developer to build a replacement convention center at the old Aqueduct race track in Queens. Matthew Yglesias wonders what the value proposition is for building the really large facilities, as opposed to the smaller ones often included in hotels.
- The SF chapter of the Sierra Club filed a second appeal against the America’s Cup waterfront project, halting construction until a hearing for the appeal is held later this month.
- Added 1/6 1:00 AM – Silicon Valley/San Jose Business Journal takes a look a development in the area between HP Pavilion and the ballpark site.
That’s all for now.