Thursday, August 26, 2010

DAVE: Wow. The AP is really going after the Pirates this week.

http://hosted.ap.org/dynamic/stories/B/BBN_PIRATES_FINANCES?SITE=PAPIT&SECTION=SPORTS&TEMPLATE=DEFAULT

I also find it interesting that the Pirates did not actually invest any of their own money in all of their new moves to improve the team at the minor league level, but rather borrowed money from MLB to sign Alvarez and build the facility in the Dominican Republic.

DAD: That probably indicates that the team is underfunded by its investors. They either do not have sufficient capital to own a major league baseball team or they do not care to invest their money in the team. Which cries out for selling the team to someone who is a major league investor in terms of both having the capital to invest and the willingness to spend what it takes to make a winner.

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