What is going rate for pro sports franchises these days? Prices will floor you

There is about to be a new co-champion for the highest purchase of a pro sports franchise, as hedge fund manager David Tepper has agreed to buy the NFL’s Carolina Panthers for a hefty $2.2 billion

Believe it or not though, that only ties the largest purchase for a professional sports franchise ever. 

Last year, the Houston Rockets of the NBA also were sold for $2.2 billion to restaurant mogul Tilman Fertitta.

There are now four sports franchises that have been bought for at least $2 billion, which is more than the gross domestic product of economically underdeveloped countries (Rockets guard James Harden could probably buy a country or two with the $223 million contract extension he signed last year).

The Los Angeles Clippers of the NBA and the Los Angeles Dodgers of Major League Baseball also each were bought for $2 billion. 

Microsoft CEO Steve Ballmer purchased the Clippers in 2014, while a group led by NBA Hall of Famer Magic Johnson bought the Dodgers in 2012. 

The moral of the story is that for any fans of a franchise who are frustrated with the franchise’s current owner and are begging for a sale, there had better be a buyer with at least $2 billion in the bank to make their wish come true. 

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Jose Fernandez’s family says crash has left them in financial ruin

A lawyer representing the estate of Marlins pitcher Jose Fernandez is pushing back against rumors that Fernandez’s family is somehow benefiting from the superstar’s death.

Attorney Ralph Fernandez, no relation, said that Maritza Fernandez’s southwest Miami-Dade County home is in foreclosure and that Jose Fernandez’s baby daughter, Penelope, has received no money.

“I lost the biggest support I had, and now the house is in foreclosure. I’m bracing for the worst,” said the pitcher’s mother, Maritza Fernandez.

Ralph Fernandez recently filed a 167-page response to the multimillion-dollar lawsuit holding Jose Fernandez responsible for the deaths of Emilio Macias and Eduardo Rivero in the high-speed boat crash. 

The Florida Fish and Wildlife Conservation Commission’s final report said Jose Fernandez was operating the boat when it crashed into a jetty at Government Cut on Sept. 25, 2016. The report found the 32-foot center console boat, named Caught Looking, was traveling at 65 mph when it crashed.

Investigators said Jose Fernandez’s DNA was found on the boat’s steering wheel and throttle, leading them to conclude Jose Fernandez was operating the boat in “a reckless manner.” An autopsy found that he had been using cocaine and alcohol before the crash.

Ralph Fernandez’s lawsuit alleges investigators planted evidence to make it appear Jose Fernandez was driving the boat. The lawsuit also maintains that someone spiked Jose Fernandez’s drinks with illegal drugs before the crash.

“I think there was an evolution in this case from a mistake to a coverup. And then a creation to defend the position,” Ralph Fernandez said.

Ralph Fernandez said the FWC report has led to consequences.

“There was supposed to be a street naming, a park, a statue, and now because of the bad info in this report going public, it’s all gone,” Ralph Fernandez said.

Maritza Fernandez said she received a phone call last month from Marlins management. Team officials asked her to clear out her son’s old locker, which she believed would remain untouched as a clubhouse memorial.

The Marlins said in a statement: “We have remained in constant contact with Jose’s family and wanted to provide an appropriate lasting memorial to Jose.  We discussed all of these plans with his family.”

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Marlins trade Ozuna to Cardinals, reports say

Just days after trading their best player, the Marlins have reportedly dealt their second best player to the St. Louis Cardinals.

Craig Mish of SiriusXM Radio reports the Marlins will send outfielder Marcell Ozuna to St. Louis. No other parts of the deal were released.

MLB.com’s Jesse Sanchez says the trade is contingent on Ozuna passing a physical to make the deal official.

Any trade involving Ozuna is expected to bring the Marlins a much better haul than that of the deal that sent Giancarlo Stanton to the Yankees last week.

Last season, Ozuna hit .312 with 37 home runs and 124 RBI’s, all career highs for the 27-year-old who is eligible to become a free agent until 2020, according to ESPN.

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Report: Stanton gives Marlins list of possible trade teams

It may not be an entire foot, but it appears Giancarlo Stanton has at least stuck a toe or two out the door of the Marlins clubhouse.

MLB.com reports Stanton’s representatives have given the Marlins a list of teams to which he’d be willing to accept a trade.

The report claims the Dodgers are at, or near the top of Stanton’s wish list as the National League MVP grew up in Southern California. No other team has been revealed to be on the list.

However, trading a Marlins uniform for one with the Dodgers script logo is not easy due to salary concerns. With Los Angeles expected to exceed the luxury tax threshold next season, Stanton’s massive $295 million bill would force the team to pay an exorbitant amount to bring on the perennial All-Star.

If a Stanton deal to the Dodgers was completed, the report mentions Yasiel Puig as part of the package that could be sent to Miami.

The MLB.com report adds that Stanton has yet to formally reject any trade offer presented to him.

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Former MLB All-Star Roy Halladay killed in plane crash

Former Major League Baseball all-star pitcher Roy Halladay died Tuesday when his small plane crashed in the Gulf of Mexico off the coast of Holiday, MLB officials confirmed on Twitter.

“We are saddened by the tragic news that Roy Halladay, 2-time Cy Young Award winner & 8-time All-Star, has died in a plane crash. He was 40,” the post read. 

We are saddened by the tragic news that Roy Halladay, 2-time Cy Young Award winner & 8-time All-Star, has died in a plane crash. He was 40. pic.twitter.com/SOFv3bOLyt

— MLB (@MLB) November 7, 2017

Halladay, nicknamed Doc, pitched for the Toronto Blue Jays and Philadelphia Phillies between 1998 and 2013.

On May 29, 2010, Halladay threw a perfect game against the then-Florida Marlins at what was then known as Sun Life Stadium. Halladay retired all 27 batters he faced, striking out 11.

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Halladay previously posted numerous photos of his ICON A5 on his Twitter page. 

 

 

 

I keep telling my dad flying the Icon A5 low over the water is like flying a fighter jet! His response….. I am flying a fighter jet!! pic.twitter.com/30eVjz9eS6

— Roy Halladay (@RoyHalladay) October 31, 2017

Phillies statement on the sudden & tragic passing of Roy Halladay: pic.twitter.com/gGhv7JUKv0

— Phillies (@Phillies) November 7, 2017

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Jeter has no problem with Marlins players kneeling during anthem

New Marlins co-owner Derek Jeter says he has no problem with his players taking a knee during the national anthem.

Jeter made the comments Wednesday night at a dinner for his Turn 2 Foundation.

“The thing that I think is frustrating, this whole rhetoric that is going back and forth. People lose sight of the fact of why someone was kneeling,” said Jeter according to the New York Daily News. “They’re focused so much on the fact that they are kneeling as opposed to what they’re kneeling for. Peaceful protests are fine. You have your right to voice your opinion. As long as it’s a peaceful protest, everyone should be fine with that.”

Jeter’s comments supporting the rights of players to protest comes as the NFL is deeply embroiled in the controversy.

President Trump has spoken out against NFL players taking a knee during the anthem, going so far as to asking team owners to fire them if they continue their actions.

Dallas Cowboys owner Jerry Jones said over the weekend that he would bench any player that kneeled during the playing of the anthem.

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