I have heard that McCourt split the Dodgers team, Dodger Stadium, and the Dodger Stadium parking lots into separate business entities. In doing this, even if he loses the Dodgers franchise ownership, he still has controlling interests in the corporations which now own Dodger Stadium and the parking lots.
It’s a mess, financial and otherwise. But if he really still will control Dodger Stadium and parking lots, he will still be able to make money off the Dodgers.
You wonder about the “looting” of the franchise idea too. I heard that the Pittsburgh Pirates have been profitable due to baseball revenue sharing, and that the Pirates owners have put a sorry team on the field because it’s cheaper than paying big stars who could improve the Pirates team on the field.
This Angels' fan was delighted when we traded Brandon Wood to the Pirates..they don't come much "sorrier" then him..LOL.
Yes, that's probably pretty much correct. It just goes to show how socialist concepts like "revenue sharing" have a counterproductive effect everywhere they are used, expecially in a "society" consisting exclusively of very wealthy entities, as MLB is.
BTW, the Pirates, are owned by the McClatchy family, the publishers of a slew of left-leaning newspapers, which seems quite fitting to these circumstances.
The teams that give up the revenue, the teams that receive it, and the amounts involved in this "revenue sharing" seem to be determined by Commissar Selig himself. Just another example of Selig's tyrannical rule.