Cuban Missile Crisis? The Los Angeles Dodgers Must Reach Out to Mark Cuban
The Los Angeles Dodgers are rapidly approaching a breaking point within the front office.
Which brings me to Mark Cuban, the possible savior for the future of the club.
Cuban was rumored to be interested in purchasing the Dodgers about two weeks ago,but just one day after the initial report was made about his interest, the Dallas Morning News ran a story that adamantly denied his desire to buy the Dodgers .
Considering Frank's financial situation and the pending divorce settlement, he needs to recruit Cuban as the future owner of the team.
The caveat issued by Cuban is that he must be able to purchase a controlling share of the team.
Some reports, including the one denying Cuban's interest in the Dodgers, may say he doesn't want to add another team to his role call.
I don't believe it for one second.
He already lost out in his bid for the Chicago Cubs, but Cuban claims that, "more [Dodger fans] than I can count," have asked him to buy the team.
He also showed interest back in 2005 to purchase the his hometown Pittsburgh Penguins, but the deal never materialized.
The bottom line is that he wants another team, and it's just a matter of time before he gets one. Why not make it the Dodgers?
Cuban, although excessively involved and sometimes over the top with his antics involving his Dallas Mavericks , is an absolute top notch owner.
The man has a deep-seeded passion for sports, and while that occasionally manifests in some crazed outburst by Cuban, it also provides the team with unlimited resources to achieve success.
He understands the bigger picture, something that the McCourt's are apparently having difficulty doing, and Cuban is willing to do whatever it takes to take a team to the top.
It's evidenced by how Cuban bought a majority share of the Mavericks in 2000 and took over a team that had a franchise winning percentage of around 40 percent. Since then, the team has won at almost a 70 percent clip, and also made it to the NBA Finals for the first time in 2006.
Not bad for an internet billionaire if you ask me.
He also dominates in the business world, a trait that's necessary in a cut-throat industry such as professional sports.
While McCourt has just $1.2 million in his checking account, Cuban is estimated to be worth $2.3 billion by Forbes Magazine , and I can guarantee this much—you won't find Cuban's bank account dwindling down to $167,000 anytime soon.
There was also something else that came to my mind.
Around the same time as the Cuban rumors arose, Jamie McCourt had supposedly secured financial backing to buyout Frank from his ownership of the Dodgers.
This raises the question, was Cuban her financial backer?
Now I can't stress this enough—the team is not for a sale at this time, and the situation is not completely ideal for Cuban when looking at it as strictly an investment opportunity.
He wants to be able to buyout a majority shareholder and gain control of the team, but the McCourt's are the only people with shares of the club. In order for Cuban to gain ownership he would have to buyout the $800 million franchise.
But pending the outcome of the McCourt divorce, Frank could very easily be forced into selling the team to a third party in order to meet the settlement.
One thing to keep in mind is that before Cuban put in his bid for the Cubs, he announced that he wouldn't comment on buying the team when it wasn't officially for sale.
Cuban clearly has a desire to expand his portfolio into the realm of Major League Baseball, and the Dodgers situation is developing into the perfect fit for the eccentric, but always successful, businessman.
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