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	<title>Comments on: Keeping the A&#8217;s in Oakland</title>
	<atom:link href="http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27/feed" rel="self" type="application/rss+xml" />
	<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27</link>
	<description>The Continuing Story of a City</description>
	<lastBuildDate>Fri, 06 Jan 2012 21:06:35 +0000</lastBuildDate>
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		<title>By: OAKLANDathletics</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-153160</link>
		<dc:creator>OAKLANDathletics</dc:creator>
		<pubDate>Thu, 28 May 2009 22:43:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-153160</guid>
		<description>Let&#039;s Go Oakland! is a group of A&#039;s fans, business people, labor leaders, and government officials who are committed to keeping the A&#039;s in Oakland.

But it&#039;s about much more than just building a ballpark. As part of a larger plan to build new hotels, restaurants, and cafes, a new destination stadium will attract visitors from all over the region. Like AT&amp;T Park in Mission Bay did for San Francisco, our ballpark will be a catalyst to bring new investment and jobs to Oakland, kick-starting the next phase of our community&#039;s successful economic development.

If you support Oakland -- if you support the A&#039;s -- we hope you&#039;ll stand with us. Sign our petition, and urge Major League Baseball and team ownership to keep the A&#039;s in Oakland!

http://www.letsgooakland.com/</description>
		<content:encoded><![CDATA[<p>Let&#8217;s Go Oakland! is a group of A&#8217;s fans, business people, labor leaders, and government officials who are committed to keeping the A&#8217;s in Oakland.</p>
<p>But it&#8217;s about much more than just building a ballpark. As part of a larger plan to build new hotels, restaurants, and cafes, a new destination stadium will attract visitors from all over the region. Like AT&amp;T Park in Mission Bay did for San Francisco, our ballpark will be a catalyst to bring new investment and jobs to Oakland, kick-starting the next phase of our community&#8217;s successful economic development.</p>
<p>If you support Oakland &#8212; if you support the A&#8217;s &#8212; we hope you&#8217;ll stand with us. Sign our petition, and urge Major League Baseball and team ownership to keep the A&#8217;s in Oakland!</p>
<p><a href="http://www.letsgooakland.com/" rel="nofollow">http://www.letsgooakland.com/</a></p>
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		<title>By: livegreen</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104727</link>
		<dc:creator>livegreen</dc:creator>
		<pubDate>Wed, 08 Apr 2009 08:06:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104727</guid>
		<description>I hadn&#039;t seen that.  You&#039;re a lot more creative than I am.  I originally drew the parallel a couple years ago.  But I stopped at first base.  You took it home :)

Why settle for only the water?  Now if they could get Al Davis to think reaallly big (L.A. big) then they could get the whole coliseum.  And with that parking lot, think of the possibilities...

--How much are you worth Mr. Wolff?  $50 mill, $100 mill?
--Oh much much more!
--I don&#039;t get it.  What can you possibly buy with all that money?

Lew&#039;s apparently thinking of a lot of things...</description>
		<content:encoded><![CDATA[<p>I hadn&#8217;t seen that.  You&#8217;re a lot more creative than I am.  I originally drew the parallel a couple years ago.  But I stopped at first base.  You took it home <img src='http://www.abetteroakland.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
<p>Why settle for only the water?  Now if they could get Al Davis to think reaallly big (L.A. big) then they could get the whole coliseum.  And with that parking lot, think of the possibilities&#8230;</p>
<p>&#8211;How much are you worth Mr. Wolff?  $50 mill, $100 mill?<br />
&#8211;Oh much much more!<br />
&#8211;I don&#8217;t get it.  What can you possibly buy with all that money?</p>
<p>Lew&#8217;s apparently thinking of a lot of things&#8230;</p>
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		<title>By: FreeSeatUpgrade</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104643</link>
		<dc:creator>FreeSeatUpgrade</dc:creator>
		<pubDate>Wed, 08 Apr 2009 03:01:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104643</guid>
		<description>Live Green:   Two things:

1.  I&#039;d be surprised if the Oakland Athletics partnership agreement &lt;I&gt;didn&#039;t&lt;/I&gt; give John Fisher the right to buy out his minority partners on demand.  That&#039;s the sort of thing his ~70% ownership share should get him.

2.  Noah Cross, eh?  Have you read &lt;a href=&quot;http://www.athleticsnation.com/2007/7/24/10412/3549&quot; rel=&quot;nofollow&quot;&gt;Oaklandtown&lt;/a&gt;?</description>
		<content:encoded><![CDATA[<p>Live Green:   Two things:</p>
<p>1.  I&#8217;d be surprised if the Oakland Athletics partnership agreement <i>didn&#8217;t</i> give John Fisher the right to buy out his minority partners on demand.  That&#8217;s the sort of thing his ~70% ownership share should get him.</p>
<p>2.  Noah Cross, eh?  Have you read <a href="http://www.athleticsnation.com/2007/7/24/10412/3549" rel="nofollow">Oaklandtown</a>?</p>
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		<title>By: livegreen</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104594</link>
		<dc:creator>livegreen</dc:creator>
		<pubDate>Wed, 08 Apr 2009 00:59:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104594</guid>
		<description>You might be right that there&#039;s no quid-pro-quo.  But, if the % of ownership that was previously mentioned is accurate, I doubt it.  (When you own 90% of something and give somebody else control of your investment, there simply has to be an upside).

And whether there is or not, the negotiation strategy and odd behavior of Mr. Wolff (aka. Noah Cross) towards Oakland makes more sense if San Jose is seen as their priority, while letting Oakland know that they need more, a lot more, if Oakland even wants to be considered.

The additional advantage for the majority owners of having a disposable Lew (or at least an arrangement with Lew based on results) is, if all his antics fail and the team stays in Oakland, there&#039;s a better chance for the Fischer&#039;s to kiss and make up with Oakland.  But all this discussion is just conjecture...

Again, whatever happens the owners have all their bases covered.</description>
		<content:encoded><![CDATA[<p>You might be right that there&#8217;s no quid-pro-quo.  But, if the % of ownership that was previously mentioned is accurate, I doubt it.  (When you own 90% of something and give somebody else control of your investment, there simply has to be an upside).</p>
<p>And whether there is or not, the negotiation strategy and odd behavior of Mr. Wolff (aka. Noah Cross) towards Oakland makes more sense if San Jose is seen as their priority, while letting Oakland know that they need more, a lot more, if Oakland even wants to be considered.</p>
<p>The additional advantage for the majority owners of having a disposable Lew (or at least an arrangement with Lew based on results) is, if all his antics fail and the team stays in Oakland, there&#8217;s a better chance for the Fischer&#8217;s to kiss and make up with Oakland.  But all this discussion is just conjecture&#8230;</p>
<p>Again, whatever happens the owners have all their bases covered.</p>
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		<title>By: Ralph</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104572</link>
		<dc:creator>Ralph</dc:creator>
		<pubDate>Wed, 08 Apr 2009 00:15:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104572</guid>
		<description>@livegreen, oddly enough i did not want to leave you in the dark as to why i disagree but i could not find some authoritative language on managing partner. typically there is a partnership agreement, managing partner has a fiduciary duty to act in the best interest of the p-ship. there is no consultation just do, no upside, each partner benefits in relationship to their individual ownership interest. but it has been eons since i have been in any sort of law class, so the best defn would come from someone knowledgeable about partnership law</description>
		<content:encoded><![CDATA[<p>@livegreen, oddly enough i did not want to leave you in the dark as to why i disagree but i could not find some authoritative language on managing partner. typically there is a partnership agreement, managing partner has a fiduciary duty to act in the best interest of the p-ship. there is no consultation just do, no upside, each partner benefits in relationship to their individual ownership interest. but it has been eons since i have been in any sort of law class, so the best defn would come from someone knowledgeable about partnership law</p>
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		<title>By: livegreen</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104521</link>
		<dc:creator>livegreen</dc:creator>
		<pubDate>Tue, 07 Apr 2009 22:04:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104521</guid>
		<description>Ralph, It&#039;s ok by me if you disagree.  But could you impart why you disagree?
Then I can learn something...

BTW, since business partners don&#039;t usually release their contracts or partnership agreements to the public, and you say &quot;to the best of my knowledge...in the partnership agreement&quot;, was some information released to the public or do you have some other direct knowledge of their agreement?
Again, so I can learn something if you do...</description>
		<content:encoded><![CDATA[<p>Ralph, It&#8217;s ok by me if you disagree.  But could you impart why you disagree?<br />
Then I can learn something&#8230;</p>
<p>BTW, since business partners don&#8217;t usually release their contracts or partnership agreements to the public, and you say &#8220;to the best of my knowledge&#8230;in the partnership agreement&#8221;, was some information released to the public or do you have some other direct knowledge of their agreement?<br />
Again, so I can learn something if you do&#8230;</p>
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		<title>By: Ralph</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104492</link>
		<dc:creator>Ralph</dc:creator>
		<pubDate>Tue, 07 Apr 2009 20:54:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104492</guid>
		<description>@livegreen, i disagreed with your interpretation in your first post and i continue to disagree with you in your second post. to the best of my knowledge there are no side contracts in the partnership agreement</description>
		<content:encoded><![CDATA[<p>@livegreen, i disagreed with your interpretation in your first post and i continue to disagree with you in your second post. to the best of my knowledge there are no side contracts in the partnership agreement</p>
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		<title>By: livegreen</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104483</link>
		<dc:creator>livegreen</dc:creator>
		<pubDate>Tue, 07 Apr 2009 20:24:43 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104483</guid>
		<description>@Ralph,  It has every thing to do with each other.  You think the 90% owners made him managing partner for free, without any quid-pro-quo?  Of course not.  They both get something for it, and that&#039;s what my previous post was about.

Lew might have control as Managing Partner over day-to-day operations, but it&#039;s to further common objectives agreed to with the 90% owners (undoubtedly with a contract), who undoubtedly cooperate with him on (and have veto power over) longer term objectives.  Whatever those objectives are if Lew is able to achieve them there&#039;s got to be an upside for him, while conversely if he isn&#039;t able to achieve them, there&#039;s got to be a downside.

But then I already talked about all this in my last post...</description>
		<content:encoded><![CDATA[<p>@Ralph,  It has every thing to do with each other.  You think the 90% owners made him managing partner for free, without any quid-pro-quo?  Of course not.  They both get something for it, and that&#8217;s what my previous post was about.</p>
<p>Lew might have control as Managing Partner over day-to-day operations, but it&#8217;s to further common objectives agreed to with the 90% owners (undoubtedly with a contract), who undoubtedly cooperate with him on (and have veto power over) longer term objectives.  Whatever those objectives are if Lew is able to achieve them there&#8217;s got to be an upside for him, while conversely if he isn&#8217;t able to achieve them, there&#8217;s got to be a downside.</p>
<p>But then I already talked about all this in my last post&#8230;</p>
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		<title>By: Ralph</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104476</link>
		<dc:creator>Ralph</dc:creator>
		<pubDate>Tue, 07 Apr 2009 19:56:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104476</guid>
		<description>@livegreen, pct ownership and managing partner have nothing to do with each other</description>
		<content:encoded><![CDATA[<p>@livegreen, pct ownership and managing partner have nothing to do with each other</p>
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		<title>By: livegreen</title>
		<link>http://www.abetteroakland.com/keeping-the-as-in-oakland/2009-02-27#comment-104450</link>
		<dc:creator>livegreen</dc:creator>
		<pubDate>Tue, 07 Apr 2009 17:46:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.abetteroakland.com/?p=2365#comment-104450</guid>
		<description>One thing Portland has going for it is they are really well organized.  The City &amp; Business &amp; Labor have a whole system of planning and cooperation.  If they actually get involved in the process, and the A&#039;s owners are truly interested, watch out.

Of course public-private cooperation in San Jose is also well organized compared to Oakland.

If Lew Wolff, aka. Noah Cross, owns 10% of the A&#039;s he&#039;s &quot;managing partner&quot; (whatever that means) for a reason.  Now your guess is as good as  mine, but my bet is that besides being the public face he has an incentive based on performance.

An incentive might be, for example, a larger chunk of ownership.  Performance might be, for example, making a move to San Jose happen (esp. given his contacts there).

If Noah, I mean Lew, can&#039;t make this happen then the ultimatum might be either he&#039;s out totally (as Tab suggests) or he makes a backup happen on better terms and in a better space than they have now for a reduced incentive  (in Oakland, Portland, wherever).

Noah&#039;s, I mean Lew&#039;s, performance makes more sense in this light.   He&#039;s simply negotiating as best he can while keeping all options open and pulling as many strings as possible.  There&#039;s no way to be sure but there&#039;s a reason that a 10% owner is &quot;Managing Partner&quot; and that the owners are putting up with his clown act (and making us put up with it).

One things for sure: There&#039;s a chess match going on here, the owners have thought through all their options, and they have their bases covered.</description>
		<content:encoded><![CDATA[<p>One thing Portland has going for it is they are really well organized.  The City &amp; Business &amp; Labor have a whole system of planning and cooperation.  If they actually get involved in the process, and the A&#8217;s owners are truly interested, watch out.</p>
<p>Of course public-private cooperation in San Jose is also well organized compared to Oakland.</p>
<p>If Lew Wolff, aka. Noah Cross, owns 10% of the A&#8217;s he&#8217;s &#8220;managing partner&#8221; (whatever that means) for a reason.  Now your guess is as good as  mine, but my bet is that besides being the public face he has an incentive based on performance.</p>
<p>An incentive might be, for example, a larger chunk of ownership.  Performance might be, for example, making a move to San Jose happen (esp. given his contacts there).</p>
<p>If Noah, I mean Lew, can&#8217;t make this happen then the ultimatum might be either he&#8217;s out totally (as Tab suggests) or he makes a backup happen on better terms and in a better space than they have now for a reduced incentive  (in Oakland, Portland, wherever).</p>
<p>Noah&#8217;s, I mean Lew&#8217;s, performance makes more sense in this light.   He&#8217;s simply negotiating as best he can while keeping all options open and pulling as many strings as possible.  There&#8217;s no way to be sure but there&#8217;s a reason that a 10% owner is &#8220;Managing Partner&#8221; and that the owners are putting up with his clown act (and making us put up with it).</p>
<p>One things for sure: There&#8217;s a chess match going on here, the owners have thought through all their options, and they have their bases covered.</p>
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