Baseball does have some slack here. When they were losing $20 million a year in Montreal, there was some pressure to get rid of it. But as long as they are [profitable] in Washington, there is less pressure. They've got eight bona fide $450 million offers to buy the team, and those offers aren't going to go away soon.
Andrew ZimbalistPeople tend to take sides in these discussions. They feel obligated to say baseball is in catastrophic circumstance or no problem at all. I think extremes are misleading. I think there's a problem and it's of modest dimensions.
Andrew ZimbalistThe market's been soft, .. and I think that's mostly a result of the new provisions in the collective bargaining agreement.
Andrew ZimbalistBaseball does have some slack here. When they were losing $20 million a year in Montreal, there was some pressure to get rid of it. But as long as they are [profitable] in Washington, there is less pressure. They've got eight bona fide $450 million offers to buy the team, and those offers aren't going to go away soon.
Andrew ZimbalistUntil the L.A. market is settled, I don't think there's any other market out there that stands a chance.
Andrew Zimbalist