LA Angels Monday News Crash: Arte’s Deals

Here is another example of Arte’s deals going south. He and the Zeckendorfs are in a mutually antagonistic posture over a $34 Million condo Arte and Carole now no longer wish to buy. In other Angels news, Mike Trout went on Instagram to give a hearty congratulations to Albert Pujols, Monte Harrison, Magneuris Sierra, and Dillon Thomas are all free agents. Happy belated birthday to Andrew Wantz!

The Dodgers lost. The Braves lost. The Mariners lost. Those are “What are they going to do now?” style articles. Brandon Marsh is now a big hero in Philadelphia.

Kodai Senga will opt out of his contract with the Fukuoka Softbank Hawks. The right hander intends to pursue opportunities in Major League Baseball.

Photo credit: Rex Fregosi

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RexFregosi
Super Member
1 year ago

Word Series won by Angels/Dodgers teams since 1990:
Angels (1) – 2002
Dodgers (1) – 2020*

*COVID shortened season

Mikeal1st
Trusted Member
1 year ago
Reply to  RexFregosi

LOL! LOVE THE ASTERISK!

Mia
Legend
Mia
1 year ago
Reply to  RexFregosi

I’m gonna laugh my ass off if our new owner builds a WS winner before the Dodgers win a legit one.

JackFrost
Super Member
1 year ago
Reply to  RexFregosi

😂 😂

RexFregosi
Super Member
1 year ago

Which American League team has the longest drought since their last ALDS victory?
 💪  💪  💪  💪  💪  💪  💪  💪  💪  💪 

21 YEARS!

*2002 posters weren’t even born yet

May it be another 21 years till we see them again in

cookmeister
Trusted Member
1 year ago
Reply to  RexFregosi

They went to the ALCS in ’05 and ’09 though….. really hard to go there and not win an ALDS game

cookmeister
Trusted Member
1 year ago
Reply to  cookmeister

disregard I just realized you were talking about the Mariners smh lol my bad

Biggiswrth
Trusted Member
1 year ago

Imagine a Phillies vs. Cleveland WS. Could ratings be any worse, and yet make everyone here happy its not the Astros and Dodgers? LOL

red floyd
Legend
1 year ago
Reply to  Biggiswrth

Worse ratings: Padres v. Cleveland.

red floyd
Legend
1 year ago

I’m disappointed that the Giant Meteor(TM) did not do its job. Well, at least the M’s are out.

Go CLEVELAND! Beat the MFY and the Trashstros. After that, I really don’t care. Pads are my NL team, but the Phils have Thor and Marsh. So all three are good. If the MFY beat the Guardians, I’m NL all the way here.

GrandpaBaseball
Legend
1 year ago

Jean Segura, Brandon Marsh and Thor all in a better place than stuck with the Angels paying them. I still believe Marsh was special, but what do I know as I had the the Braves and LAD in the NLCS. 😁 

Last edited 1 year ago by GrandpaBaseball
Senator_John_Blutarsky
Legend

I agree regarding Marsh, it’s inevitable we’ll regret letting him get away.

Last edited 1 year ago by Senator_John_Blutarsky
Cowboy26
Legend
1 year ago

Not if Buster Posey Jr. has anything to say about it.

Senator_John_Blutarsky
Legend
Reply to  Cowboy26

You mean Mott the O’Hoppel?

FungoAle
Legend
1 year ago

I’m over it, they are on the other team now. I want them all to fail.

Simba
Trusted Member
1 year ago

Congrats to Marsh and Syndegard. Nice to see some Angels get postseason play. Raisel too. Checked out his time with Atlanta, an ERA+ of 1200 to finish season.

steelgolf
Super Member
1 year ago
Reply to  Simba

Yeah, my son and I were watching and talking about Iglesias, and what happened to him this year vs. last year. Next year he may be nails again and pitch to a 2.00 ERA.

GrandpaBaseball
Legend
1 year ago

Dumb Arte, a bad case of Buyer’s Remorse. Expensive case too.

steelgolf
Super Member
1 year ago

Without knowing all of the particulars, I wouldn’t close on a 32 million penthouse next to a noisy equipment room either. You either sound proof it, or you don’t, and the deal is off. And since they didn’t (assuming they didn’t according to Arte) , then the deposit money goes back.

RexFregosi
Super Member
1 year ago
Reply to  Charles Sutton

c’mon, he knew what the deal was.
Josh H.

matthiasstephan
Super Member
1 year ago
Reply to  steelgolf

He has paid a lot of money for things that didn’t work out as promised. Here, he may be able to get his money back. (Wish Hamilton and some others would repay – though a few of those were likely insured).

gitchogritchoffmypettis
Legend

Ohviouslee.

admkir
Trusted Member
1 year ago

Is the team sold yet?

I wish

AnAngelsFan
Super Member
1 year ago
Reply to  admkir

I’m not sure they are allowed to announce things like that during the playoffs, so let’s hope it is and they just can’t say it yet.

admkir
Trusted Member
1 year ago
Reply to  AnAngelsFan

I thought that only applied to the WS, not the playoffs

cookmeister
Trusted Member
1 year ago
Reply to  admkir

Billion dollar deals take more than a couple of months.

I’d be surprised if anything was finalized before the new year

smithy610
Super Member
1 year ago
Reply to  cookmeister

And wouldn’t the Nationals go first, since they were on the market first?

Or is it just whoever wants to buy whatever team can do whatever they want?

cookmeister
Trusted Member
1 year ago
Reply to  smithy610

Deals are separate. It’s not as if there’s a list of people that want to buy a team and they just get the first one to pop up.

From my understanding, the Nationals deal has taken a while for a number of reasons, including the TV deal and because they occupy the same “region” as the Orioles, whom they are kind of tied to in that way.

If there was a multi billionaire that just wanted to buy a team for themselves with no partners, a deal could get done fast, but that’s not really the case in almost every instance. Too many investors, partners, etc which takes time. And a ton of these billionaire’s money isn’t just sitting in the bank, so it has to be untied from their other investments to have the cash

Jeff Joiner
Editor
Legend
1 year ago
Reply to  smithy610

The two sales are independent of each other, but there could be some overlap between potential buyers. Also a group that loses out on the Nationals might decide to jump into the Angels race so Team Arte might want to wait for that to happen.

Or not.

I see enough overlapping themes between the two to write a piece on how the Nats sale might give us a glimpse into the Angels process.

I’ll have it up this week.

Last edited 1 year ago by Jeff Joiner
Senator_John_Blutarsky
Legend
Reply to  cookmeister

The cost of financing has gone up. Buying the team will be a little more complicated than buying overpriced real estate.

Cowboy26
Legend
1 year ago

The Doyers were sold for a record $2.15 Billion in about 5 months back in 2012. And that was through a contentious bankruptcy which typically adds much more time to a transaction. Why do you think an Angels sale would require additional time to complete?

Last edited 1 year ago by Cowboy26
Jeff Joiner
Editor
Legend
1 year ago
Reply to  Cowboy26

I wonder how much the litany of Angels litigation will impact the sale.

Stadium Deal – FBI and DOJ are involved. Civil fines and MLB punishment could be coming.

Skaggs wrongful death – potentially $100 million payout and MLB punishment if found negligent. Just money, but enough that a buyer might want it handled before the sale.

The DR prospects and wrongful termination suit are a few million in settlements to make go away. Nothing that would deter a big bucks owner but something most would rather have Arte handle rather than having under their own name.

Dogface1956
Trusted Member
1 year ago
Reply to  Jeff Joiner

In almost any big business deal the old owner would have to indemnify the new owner for any lawsuits or litigation that occurred before the new owner took over. I have been through several fairly large corporate sales and that was always the case. So none of those things should impact the deal, they will be written in the contract and any other litigation that springs up from Artie’s owner of the team.

Senator_John_Blutarsky
Legend
Reply to  Cowboy26

It could go fast if someone meets whatever price Arte wants, and by fast I mean 4 months to include MLB approval. If there’s a complicated financing arrangement or if there’s multiple bidders negotiating it could take longer. The wildcards could include litigation with Skaggs and FBI investigation of the ballpark sale, interest rates and the potential of a recession. Lastly, since Arte is a brilliant businessman (sarcasm) there’s always the possibility that he could screw this up.

Cowboy26
Legend
1 year ago

The Broncos just sold for a record $4.5 Billion . These people dont get there money where you and I do. To many prospective buyers the COM isn’t even a factor.

Mikeal1st
Trusted Member
1 year ago

I think I’ll probably always be a fan of Marsh and will never forget his name. Kind of like that red headed guy who also played right field a few years ago.
I don’t know why but I can’t believe the Dodgers are out already. Hope the MFY follow today.
Dodgers definitely remind me of the 90’s Braves, such domination but only one ring and this one a shortened season.

Is the team sold yet?

Last edited 1 year ago by Mikeal1st
gitchogritchoffmypettis
Legend
Reply to  Mikeal1st

The main difference is that 1990s Braves fans weren’t a bunch of dicks.

halofansince1978
Super Member
1 year ago
Reply to  Mikeal1st

Everything they say about us Redheads is true.

We are a little nutty and we are a little stutty!!

Cowboy26
Legend
1 year ago

Studly? or Slutty? or a combination of both?

halofansince1978
Super Member
1 year ago
Reply to  Cowboy26

Slutty…like a hoe. `;~}}

smithy610
Super Member
1 year ago
Reply to  Mikeal1st

Dodgers definitely remind me of the 90’s Braves, such domination but only one ring and this one a shortened season.

Reminds me of all the commentary on the Rams this season – they went all in last year and got the Super Bowl win, but going all-in last year left the team in shambles this year, which may make them miss the playoffs.

So what is better? Going all in and winning that championship, but never getting close to it again? Or being a perennial playoff/championship contender, but always one, two pieces away, or a good coach/manager away, and never winning?

Mikeal1st
Trusted Member
1 year ago
Reply to  smithy610

That’s kind of tough… I watched the Angels a lot more when they were in the playoffs a lot, but I’d trade a few playoff years for a championship.

Jeff Joiner
Editor
Legend
1 year ago
Reply to  Mikeal1st

October baseball does a great job of proving who is hot in October and not so great of a job of proving who was the best team in a season. In far more years than not the best team doesn’t win the Series.

I kind of liken it to the NCAA tournament. In this case LA would be a Duke team that was #1 most of the season and go upset by a hot shooting team in the Sweet 16. It happens.

Cowboy26
Legend
1 year ago
Reply to  Jeff Joiner

And In the case of the Doyers it happens ALOT. They’ve lost in the playoffs to teams with inferior regular season records in 2014, 2015, 2017, 2019, 2021 & 2022.

So that the crew doesn’t need to continue to be so blue, How about if we just give the Doyers a trophy each year for winning the regular season.

Last edited 1 year ago by Cowboy26
Mikeal1st
Trusted Member
1 year ago
Reply to  Cowboy26

I wonder why exactly; they’ve only won one with all of those playoff appearances? Same with the Braves? My D-friends will say it’s the manager, but I am not sure about that at all.

Cowboy26
Legend
1 year ago
Reply to  Mikeal1st

In the case of The Doyers, the first 2 failures , 2014 & 2015 were under Donnie Baseball’s leadership so you are right to question that philosophy.

red floyd
Legend
1 year ago
Reply to  Mikeal1st

Uh, Angels 2002, 2004, 2005, 2007, 2008, 2009 only one WS championship? Glass houses and all.