Ben Volin @BenVolinPBP RT @dkaplanSBJ: Reporting in SBJ today that dolphins owner steve ross' related cos bidding on AEG, which means LA football proposal too
well well well... how about them apples? Color me not surprised, something I predicted a long time ago. I guess I should now draw up my divorce papers to my wife as there is no way she's going to approve me spending the cash for the season tickets here in LA., which will be mighty expensive. People brought up the fact that Ross owns the stadium in Miami... which makes him less likely to leave.. .it also means there is no lease and he's free to move the team whenever he feels like it.
AEG owns a ton of entertainment properties, including Staples Center and LA Live. This is about real estate, not moving the Dolphins to LA. And there is no way the nFL would allow Ross to own the Dolphins and a stadium in LA. One or the other my friend. He'd have to divest from the company to keep ownership in the Dolphins is my guess.
For perspective, MSG (Madison Square Garden Group, chaired by Knicks/Cablevision owner Jim Dolan) is also bidding for AEG. So, it's not about the Knicks moving to LA. And the same caveat applies, no way the Knicks owner would be allowed to own the Lakers/Clippers arena. If anything, this is about billionaires chasing far more money than they make with their sports team hobbies. If Ross somehow won this bid, he would sell the Dolphins. No doubt in my mind on that
I know this is upsetting to a lot of you Miami locals, so when the team does indeed move out here, don't worry. I'll help you move out here too.
http://www.latimes.com/business/mon...eing-put-up-for-sale-20120918,0,4516139.story It's a lot easier to keep those obligations if you, the buyer, already have an NFL team in your back pocket!!!
Of course. The team owns their own stadium. You don't see the inherent conflict of interest in Ross owning the Dolphins, who play in Miami, and a stadium located in LA where one of his competitior teams plays? As landlord, he would be entitled to all sorts of financial information, etc., which would give him an advantage. It simply wouldn't be allowed. Now theoretically he could move the Dolphins to LA and play in the stadium he owns, but that would come with all of it's own difficulties as the NFL (in comparison to other sports) has really clamped down on relocation since the Cleveland move.
It's called "leverage." You know like how free agents/coaches say they're gonna sign here, when their intention was to be elsewhere all along?
Anyone remember what Ross did for a living before he bought the Dolphins, you know- to earn those billions of dollars?
2 weeks before the Super Bowl and we have a preseason favorite to win the pre-draft post count award.
I'm not screwing around though. The "help you move to LA" process... I would honestly help anyone move out here if they wanted to.
supposedly the workaround is that the new LA team, he would not be allowed to have an equity interest in.. .unless of course it's a team he already has ownership in.
They wouldn't be "rivals", but they would certainly be competitors. They would have to at some point face each other, after all...
There are Dolphins out here... Oh and I see Omar has spoken on the subject and says there is zero chance of the team moving. I suppose that settles that.
Teams compete for sponsorship and corporate money all the time. Even if they didn't, do you think bob Kraft really wants Steve Ross poking around his financial documents?