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Golisano is looking to bid on Dodgers
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Author:  sabresindc [ Thu Nov 10, 2011 5:30 pm ]
Post subject:  Golisano is looking to bid on Dodgers

Sounds like he is somewhat of a baseball fan according to the Wall Street Journal

Quote:
A self-made billionaire who is the former owner of the Buffalo Sabres hockey team is preparing to bid for the Los Angeles Dodgers, making him one of the first to declare an interest in buying the storied franchise who actually has the money to pull off the transaction.

Tom Golisano says his financial resources and knowledge of the finer points of baseball make him an attractive candidate for a team that is mired in a protracted bankruptcy proceeding, though his lack of a connection to Southern California could prove problematic.


http://online.wsj.com/article/SB10001424052970204224604577030311626337808.html

Author:  BlueandYellow [ Thu Nov 10, 2011 5:36 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

No wonder he was such a shitty hockey team owner

Author:  sabresindc [ Thu Nov 10, 2011 5:49 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

He was the first one to say that he knew nothing about hockey and wasn't much of a fan. His goal was just make it profitable so he can increase his investment... goal accomplished

Author:  patkane88 [ Wed Nov 30, 2011 12:24 am ]
Post subject:  Re: Golisano is looking to bid on Dodgers

He will probably run that team further into the ground, so why not

Author:  Mr. Natural [ Sat Dec 03, 2011 4:41 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

BlueandYellow wrote:
No wonder he was such a shitty hockey team owner

patkane88 wrote:
He will probably run that team further into the ground, so why not


Let's take a moment to review some history.

In 2002 the NHL took over the Buffalo Sabres franchise after owner John Rigas was indicted for embezzling more than $2 billion.

This was the lowest point in Sabres history and the closest we have ever come to losing the team altogether. No one was interested in buying the franchise, which had filed for chapter 11 bankrupcy.

Make no mistake, although he did it for financial reasons, Golisano rescued the Sabres.

During his ownership the team had their first 100 point season in 23 years, made the playoffs four of the seven years, reached the ECF twice, won the president's trophy, and, but for some bad luck with our blueliners in 2005, might have hoisted the Cup. I hate that he let Drury and Briere go, but his is not a bad record for a businessman who bought the team as an investment and whose main goal was to make money.

Tom Golisano is a former Sabre and I wish him well in his future ventures

Author:  BlueandYellow [ Sat Dec 03, 2011 5:27 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

I know he saved us. But he knew nothing about hockey, so, in turn, he was a shitty owner.

Author:  patkane88 [ Sat Dec 03, 2011 9:14 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

BlueandYellow wrote:
I know he saved us. But he knew nothing about hockey, so, in turn, he was a shitty owner.


Couldn't have said it any better.

Author:  backthatSASSup [ Sat Dec 03, 2011 11:42 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

Correlation does not imply causation.

Author:  Mr. Natural [ Sun Dec 04, 2011 4:53 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

It is not the job of a sports team owner to know the sport. They hire people for that. If you have issues with the people Golisano hired, that is one thing, but I haven't read anything here that would convince anyone that Golisano was a bad owner.

Author:  Los9090 [ Sat Dec 10, 2011 2:58 pm ]
Post subject:  Re: Golisano is looking to bid on Dodgers

sabresindc wrote:
He was the first one to say that he knew nothing about hockey and wasn't much of a fan. His goal was just make it profitable so he can increase his investment... goal accomplished

And kept the team in WNY

Author:  backthatSASSup [ Sun Dec 11, 2011 11:43 am ]
Post subject:  Re: Golisano is looking to bid on Dodgers

Los9090 wrote:
sabresindc wrote:
He was the first one to say that he knew nothing about hockey and wasn't much of a fan. His goal was just make it profitable so he can increase his investment... goal accomplished

And kept the team in WNY


I don't really think he had only selfish intentions, although don't assume that I mean he wasn't trying to make a good investment. I think he had other goals as well.

People can say he was cheap all they want, but this team was in financial ruin when he bought them. The Sabres were in bankruptcy. You don't take a bankrupt entity of any kind and start spending ridiculous amounts of money.

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