December 15, 20169 yr http://www.forbes.com/sites/mikeozanian/2016/12/15/bankers-say-jeffrey-loria-floating-1-7-billion-price-for-miami-marlins/#35bc1e972919
December 15, 20169 yr Does this mean he's selling? Sent from my SAMSUNG-SM-G930A using MarlinsBaseball.com mobile app
December 15, 20169 yr Author Does this mean he's selling? Sent from my SAMSUNG-SM-G930A using MarlinsBaseball.com mobile app He didn't say that but it sure sounds like a step towards that to me
December 15, 20169 yr Yep sounds like step 1. At least there's a price now as opposed to "nope not selling so don't even ask." Cool. Sent from my SAMSUNG-SM-G930A using MarlinsBaseball.com mobile app
December 15, 20169 yr Yup. Never ask what you want though. He's selling for sure. Can't wait. The art of the deal
December 15, 20169 yr Not sure why people would be surprised. The Mariners just sold for $1.6 billion. Why would anyone think he'd ask for less than the most recent sale price? Will he get it? Maybe, maybe not, but it is not an unrealistic starting point. This is a team with a new ballpark, a new TV deal in the next couple of years, and an attractive market. Maybe he won't get $1.7B, but I bet he gets over $1B when it's all said and done. The important part isn't the asking price, it's that there is a price and that means he's willing to sell. Between this and the Romney news from a few weeks back, I think we are seeing the start of the sale process happening. At least I really hope so anyway.
December 15, 20169 yr Author Thats way too much for this team. He is obviously not seriously selling. Like squall said you ask for more. He knows he won't get it
December 15, 20169 yr Author That's probably $1 billion too high. I would say more like 700 mil too high. I bet this ends up around 1 billion but he's right to ask for the moon
December 15, 20169 yr Like squall said you ask for more. He knows he won't get it My job is to negotiate. As ive stated before my position in my job is 1 of 50 out of 14,000 locations. Im a strong negotiator. The Marlins are currently worth 520 million according to forbes. Thats 3 X the worth. If he were serious I could see maybe a 900 mil to 1B starting price. But 1.7? Thats laughable and not a serious market price nor a starting price. Thats more like I wont sell and dont care if i sell but if you blow me away with an offer I will sell. Everything is for sale at the right price if you think about it. Loria is FOS. Lol. Unless he is counting the value PLUS what he annually makes in revenue sharing. That would be sooo Loria.
December 15, 20169 yr Forbes has been WAY off on franchise worth lately. Marlins probably sell for 900 - 1.1 billion To equate the Miami Franchise with the Seattle Franchise is a bit humorous.
December 15, 20169 yr Author It is a serious asking price because of what was posted here earlier. Based on recent sales
December 15, 20169 yr Author To equate the Miami Franchise with the Seattle Franchise is a bit humorous. Eh, I see why he did. It makes sense to throw an opening number out there that reflects recent MLB sales
December 15, 20169 yr My job is to negotiate. As ive stated before my position in my job is 1 of 50 out of 14,000 locations. Im a strong negotiator. The Marlins are currently worth 520 million according to forbes. Thats 3 X the worth. If he were serious I could see maybe a 900 mil to 1B starting price. But 1.7? Thats laughable and not a serious market price nor a starting price. Thats more like I wont sell and dont care if i sell but if you blow me away with an offer I will sell. Everything is for sale at the right price if you think about it. Loria is FOS. Lol. Unless he is counting the value PLUS what he annually makes in revenue sharing. That would be sooo Loria. Forbes is not a good way to determine the real value of a team, at least when it comes to sales. First of all, I think the most recent Forbes list had them at $625 million...but that's besides the point. There are only 30 of these things and the most recent one sold went for $1.6B. Also, that Forbes value is based on them having one of the worst TV deals in sports. That expires in a couple of years. Bottom line is Loria will get over $1B when he sells, which will hopefully be soon.
December 15, 20169 yr Eh, I see why he did. It makes sense to throw an opening number out there that reflects recent MLB sales Well not really Loria with that price but more fauowls with seeing it as a similar price point. Or thats the way I read it
December 15, 20169 yr I would say more like 700 mil too high. I bet this ends up around 1 billion but he's right to ask for the moon He asked for the moon too? What could that greedy bastard want with the actual moon?
December 15, 20169 yr To equate the Miami Franchise with the Seattle Franchise is a bit humorous. I don't see the problem.[uSER=5078]@pollyvonwog[/uSER] gets the two franchises confused all the time.
December 15, 20169 yr But yea I see no issue with him asking for what the Mariners sold for. It's not about what the team is really worth or what baseball fans think about the team. If you're selling your house and the neighbor across the street just sold their house for a crazy price, it's fair to start your sale at around the same price. If the price drops then so be it but why wouldn't you try higher first?
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.