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No Manny, But McCourts Have New $46 Million Homes

By  KURT HELIN

Updated 5:28 AM PDT, Tue, Jan 6, 2009

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Barbra Streisand could easily afford to live in Malibu. And thanks to you, so can Dodger owners Jamie and Frank McCourt.

 

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.

Copyright NBC Local Media

Comments (7)

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  • kcirtap Thursday, Jan 22 at 1:41 AM FLAG COMMENT im not watching the dodgers or buying tickets to help the mccourts buy more houses. i know he got burned on damaged goods like jason schmidt and anduw jones but with the 2nd biggest market and over 3.5 million in attendance theres no excuse for his utter lack of free agent involvment. so keep buying houses. flip the dodgers for a profit. but be careful youre not the only team in l.a. anymore.
  • Befera Tuesday, Jan 20 at 9:42 PM FLAG COMMENT "Who cares what the McCourts spend THEIR money on? They earned it. I just hope they make the team solid." Good God man do you actually read what you type?? Clearly they aren't concerned with making their team "solid" when they're spending the money on themselves and not their team (or the inner city, which to me is the most pathetic part of her response).
  • Tooky-Fisher Saturday, Jan 10 at 1:12 PM FLAG COMMENT "...So what?! Tuesday, Jan 6 at 10:08 AM Who cares what the McCourts spend THEIR money on? They earned it. I just hope they make the team solid.Who cares what the McCourts spend THEIR money on? They earned it. I just hope they make the team solid...." An absolute perfect example why Yankee fans can't stand "whiney" small market team fans complaining that the Yankees spend too much on their team ! With this type of own ... MORE >
  • Mccheap Thursday, Jan 8 at 9:20 PM FLAG COMMENT frank and jamie are killing the storied dodgers franchise, turning it into a small market payroll with no stars. and no hope. shame on these carbetbaggers from boston.
  • So what?! Tuesday, Jan 6 at 10:08 AM FLAG COMMENT Who cares what the McCourts spend THEIR money on? They earned it. I just hope they make the team solid.

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