LA Dodgers sold to Boston real estate developer

[Richard King]

http://www.foxsports.com/content/view?contentId=1739946

This may have some significance here in Vero Beach, home of the LA Dodgers spring training camp for over 50 years.

[SamC]

General: another case of a baseball team for sale from a major stock company to a rich individual. The smart money is getting out of this sponsorship and team ownership is becoming a rich man's toy. Next up, look for Ted the Red to trade his TWAOL stock for the Braves (which would be a tax free transfer). BUD, DIS, and now NWS are out of this sport, whose day of reconning can be delayed, but not avoided.

Real estate: The Dodgers are the only Pacific Time team that trains in Florida, a deal that goes back to their Brooklyn days. This has been illogical for a long time. IIRC, they don't own Dodgertown. Look for them to make a deal for a baseball themed housing development in Arizona, or even in the LA suburbs, and for some other team to move into Vero Beach.

[Richard King]

IIRC, they don't own Dodgertown.You are correct. The facilities were purchased from Rupert & Co. a few years ago by Indian River County and the City of Vero Beach and are leased back to the team owners and successors on a VERY long term basis. The new owner has stated that the sale will have no effect on Dodgertown. It will be interesting to see if this is true.