No Manny, But McCourts Have New $46 Million Homes

By KURT HELIN
Updated 5:28 AM PST, Tue, Jan 6, 2009

TWITTER FACEBOOK

Getty Images

Public relations and timing are just not the strong suits of Frank and Jamie McCourt. No matter how many hard lessons they learn.

While the nation wallows in a recession, and while their baseball team balks at bringing in Manny Ramirez or a front line starting pitcher, the McCourts bought a new house. Actually, two new houses, adjacent ones in Malibu.

For $46 million.

Just before free agency opened, Jamie posed a question to Dodger fans (through an LA Times column): Would it be better to spend $50 million on a slugging outfielder or for baseball diamonds in the inner city? That’s a legitimate and serious question worth discussing.

But it’s hard to be serious when the McCourts then turn around and spend just about that much on their homes.

It’s America and the McCourts made their money on real estate investment (what, you thought they bought the Dodgers to own a baseball team and not valuable land?). They can and should own as many homes as they can afford. Good on them.

But like the Big Three auto executives flying private jets to Washington to ask for a bailout, the McCourts do not get to decry the economics of baseball while buying some of the richest property in California as a place to live part time. That is hypocritical, at best.

But, sadly, that’s what we’ve come to expect from the McCourts.

First Published: Jan 5, 2009 4:37 PM PST

TWITTER FACEBOOK

  • 0% furious 0
  • 0% sad 0
  • 0% bored 0
  • 0% thrilled 0
  • 0% intrigued 0
  • 0% laughing 0
processing
          No comments have been posted yet.

          You have 2000 characters left

          processing
          So My City

          You are posting in (change)

          550/550 characters

          (jpg, pngs, or gifs allowed)

          (jpg, pngs, or gifs allowed)
          *Tip: You can also post moments via email or Twitter.

          processing

          View Your Moment in

          Posted by | 1 second ago

          Don't Miss

          sports

          51 minutes ago

          Beckham Could Bring Title to Go With Headlines

          So far, David Beckham’s stay in America has been more about style than substance, but leading the Galaxy to an MLS Title on Sunday could change that.

          Read It

          politics

          Nov 20, 2009

          Conservatives Threaten U.S. Attorney General With Journalism

          Despite ACORN being stripped of federal dollars, some conservatives are demanding an investigation.

          Read It

          politics

          Nov 20, 2009

          Obama in Asia: Style Over Substance

          President Barack Obama returns from his maiden Asian swing with none of the concrete accomplishments that White Houses typically put in place before big trips.

          Read It
          Loading...
          Birthdate:
          You must be at least 13 to sign up.
          Gender:
          invalid

          By clicking the button below, I accept the terms of use and privacy policy

          Already Signed Up? Login Below.

          processing
          Here's what we're posting:

          *Only used for verification. We do not store your password.
          processing