Tag: Guggenheim

Dodgers $1 Billion Loss [VIDEO]; Owners, Guggenheim Could Lose Big

The new owners of the Los Angeles Dodgers, Guggenheim Partners, are in about to lose $1 billion in future earnings, The New York Post reported. The large sum is the increase in the amount of money the team will have to share with Major League Baseball from its new $7 billion, 25-year television deal with Time Warner Cable, which begins next season. The deal includes the cable company and baseball team starting a new regional sports network.
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