Ownership change may be closer
http://prospectinsider.com/view/ownership-change-may-be-closer/
If you have followed Prospect Insider for the past few years you have read
pieces here at the site as well as a number of tweets -- not to mention
segments on local radio -- where I discuss the potential change of ownership
for the Seattle Mariners. It's been apparent for at least three-plus years
that the current group is not long for the task, at least not as presently
constructed.
A lot has been written over the past year or so, on many pages in many
publications, about the timing of such changes potentially coinciding with
the club's opt-out clause with their TV contract. The new pact could net the
club more than $1 billion in guaranteed revenues, making the franchise likely
worth more than the $800 million for which the San Diego Padres were recently
sold.
Despite the losses on the field piling up -- 283 in the last three seasons --
and the attendance dropping for the fifth straight year, the M's are a great
investment. So great that the club may be sold sooner rather than later,
probably before the TV deal can take effect -- prior to the 2015 season. The
contract can be reworked before it's expired, and there's a chance talks are
already under way.
While Chris Larson, to my understanding, still holds the right of first
refusal to buy the majority shares of the team, it seems highly unlikely he
will be part of a majority takeover, considering his current financial
situation after his divorce. After Larson, a credible source on the topic
tells me that John Stanton, a 10 percent minority owner, could be poised to
step up and put something together to gain majority ownership of the
Mariners, potentially including a buyout of Larson's shares -- partial or
full -- which is believed to be just above 30 percent in total. Other shares,
the source adds, will likely remain local, and could remain with current
minority shareholders, including Larson.
Stanton is the chairman and CEO of Clearwire, a Kirkland-based wireless
company, and former executive at Western Wireless and the old VoiceStream
wireless company that sold out to T-Mobile for $35 billion early last decade.
Stanton, who graduated from Whitman College in Walla Walla, Washington and
lives in Bellevue, has a net worth believed to be in the neighborhood of $1.5
billion.
While all of the above is about business, it would impact the baseball
operations directly, since payroll is always part of the equation, no matter
the size of the market. Perhaps the biggest impact is that Stanton could very
well bring Hall of Fame general manager Pat Gillick back to Seattle in a role
similar to that held by Nolan Ryan in Texas, further strengthening the
baseball operations in the organization. Gillick, who left the helm of GM in
Seattle after the 2003 season, spent three years as GM for the Philadelphia
Phillies, winning the World Series in 2008.
Gillick, now 75, is now serving in a similar role with the Phillies after the
club's title run. He still lives in Magnolia, a point he reiterated to me
this spring when I ran into him at Husky Ballpark. Gillick made it very clear
that he adores the area, though as an employee of the Phillies, he did not
speak of the Mariners specifically. I have been given clues on numerous
occasions, however, that Gillick's relationships with the likes of Larson and
Stanton, more than leaves the door open for him to return the organization,
and Gillick's name has come up before in these types of discussions.
Such alterations to the makeup of the Mariners' ownership and management may
not occur within the next year, but it may also not be a matter of 2014 or
2015, either -- the time span of the new TV deal. What that kind of new
leadership would bring remains to be seen, but having a baseball man like
Gillick at the top of the chain can only be a good thing. Check that -- it
can only be a great thing.
I don't have any actual knowledge on whether or not Gillick would want to
change general managers, but I get the impression that Zduriencik would be
safe, at least for the first year or two. Gillick, however, could attract
more great baseball evaluators to the organization to team with the likes of
Ted Simmons, among others, that would make more of an impact on major league
talent, the area in which the club has struggled some, even since Zduriencik
arrived. That isn't to say the club has focused on this department and
failed, but the few ventures they have taken -- most notably Chone Figgins --
have not worked out well.
In the end, it appears inevitable that the team will be sold soon. Geoff
Baker and Larry Stone of the Seattle Times have hit on the subject a number
of times and lead the way in such reporting, especially lately, and it
appears there could be some moving and shaking over the next several months.
Before now, the expectation was always relayed to me as "sometime in the
not-too-distant future." Now it's being termed "sooner, rather than later,"
and "it probably won't drag on past next offseason." The television contract
and the actions of the team in terms of payroll -- not necessarily cutting
spending, but certainly the lack of aggression in free agency -- strongly
suggest the team is preparing to sell. On top of that, the M's have clipped
their debt right in the bud and I can't find another team in baseball without
any debt.
When the sale goes down, don't be surprised if the names John Stanton and Pat
Gillick are a significant part of that process.
ownership-change-may-be-closer
短評:Paul Allen!說好的西雅圖大滿貫呢?!趕快拋棄阿拓啊!Q__Q
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