- Jul 14, 2018
There was an article about Boehly having close ties with the entertainment industry, and would likely attract better sponsorship than previous. How true that is, I have no idea. Although the new sleeve sponsor is worth an additional 10m a yrThe big difference is that the Dodgers have the highest revenues in MLB (or second to the Yankees, it’s not totally clear) and every baseball team is almost certainly insanely profitable.
It’s a lot easier to outspend your rivals when you have the most money to spend AND you’re making big profits anyway.
Chelsea have fourth highest revenues in PL and lose money. Maybe still worthwhile to invest big into the club in anticipation of driving future growth in asset value (I assume this is his current thinking). But it’s a very different scenario than the Dodgers, which are more like a very profitable Real Madrid in terms of their position within their league.