Time Warner Cable is attempting to distance itself from speculation that the company will take a $1 billion loss on SportsNet LA, first reported by the New York Post.
Dodgers president Stan Kasten had a great quote about Forbes Magazine at the 2013 Sloan Sports Analytics Conference. “We will never give any credence to Forbes’s valuations of franchises,” he said. “Here’s the problem with Forbes. I don’t know their methodology. I don’t know what hand they throw their dart with.”
C’mon, Stan. Don’t sell yourself short.
According to Forbes’ latest rankings released Wednesday, the Dodgers are one of five Major League Baseball franchises with a negative operating income. Yet only the New York Yankees are a more valuable franchise, and can claim a higher revenue than the Dodgers.
In case you missed it, we chronicled Will Ferrell’s brief, one-inning Dodgers career here. The actor/comedian wasn’t available for interviews after the game — his fifth of the day — but he recently talked to David Letterman about his long day: