Word: malley
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Family ownership of a team, O'Malley felt, had become an anachronism. Successful as they are, with a perennial contender on the field and an annual attendance figure that hovers at 3 million, the Dodgers claimed to be losing money. "Professional sports is as high risk as the oil business," said O'Malley, who with sister Terry Seidler owns almost 100% of the team. "You need a broader base than an individual family to carry you through the storms. Groups or corporations are probably the way of the future." O'Malley also felt alienated by the politics of baseball...
There were tears in Los Angeles and cackles in a certain New York City borough on Jan. 6. Forty years after his father removed the family business to L.A. from Brooklyn, Peter O'Malley announced that he was selling the firm--namely, the Dodgers. By transplanting the beloved Bums to California in 1958, the unsentimental Walter O'Malley had ushered the era of Big Business into baseball; last week Peter claimed that the current game's corporate-scale economics were forcing him to sell. Something about the sins of the father leaped to the minds of people whose hearts...
...fairness, Peter O'Malley, 59, is a step up in class from his late father. Since taking over the team in 1970, Peter has run one of the most respected and stable organizations in baseball. First baseman Eric Karros, who recently signed a four-year, $20 million contract to stay Dodger Blue, said, "You talk to players who have been in Los Angeles and gone elsewhere, and they tell you there's no comparison in the way the organizations are run and the way they are treated." The Dodgers had just two managers from 1954 until 1996--Walter Alston...
Fred Claire, the Dodgers' general manager, knew something was up when O'Malley called on Jan. 4 requesting that they meet the next day, Sunday, at 10:30 a.m. "When I hung up the phone," Claire said, "I thought to myself, 'He's going to sell.' It's not unusual to meet on Sunday, but what was unusual was that in 30 years, I really couldn't think of a time when Peter didn't say what we needed to talk about...
...ANGELES: When owner Peter O'Malley announced that he was putting the Los Angeles Dodgers up for sale, old-time Dodger fans in Brooklyn saw their first ray of hope in the 40 years since O'Malley's father Walter moved the Bums out of the city. Could the Dodgers return? "Bring 'Em Back!" the New York Post shouted on page one. Columnist Jack Newfield, who ranks Walter O'Malley as the third worst person of this century behind Hitler and Stalin, said the decision to sell could mean an end to what he called "40 years lost...