Yeah, now that Loria's shown (again) how much of a money-grubbing weasel he really is there's no way he's paying any real money for A-Rod. If A-Rod's going anywhere it's LA at this point. Otherwise they're probably stuck with him.
49% of YES Network sold to News Corporation/Ruppert Murdoch
The New York Yankees, currently owners of 34% of YES, would also receive a cash payment from News Corporation of $400 million to $500 million in two tranches for allowing the deal to happen and extending its rights agreement. YES will continue to have the rights to the Yankees through 2042 and the network will pay the team some $350 million per year by the end of the rights deal.
Goldman Sachs’ private equity unit, which owns 30% of YES, is another huge winner here: it invested $335 million 11 years ago and will see its equity stake reduced initially to about 12% after selling the rest of its ownership to News Corporation. A group of old owners of the New Jersey Nets, led by Ray Chambers, will also share big in the proceeds. The investors in the end will probably make about five times their original investment, including the rich dividends they have received over the course of their ownership.
i like Gibbons, he seems like the kick in the ass that the Jays need right now. need to make sure someone is on Rasmus and Lawrie so they dont get lazy at the plate. AA gave him a glowing review and i trust him on that