May 15, 2020 at 8:49 pm #128736May 15, 2020 at 9:27 pm #128737
LLC tied to the businessman?May 15, 2020 at 10:12 pm #128742May 15, 2020 at 10:56 pm #128750
I am wondering if this is really III rather than Jr. III’s wife Ira is a businesswoman and was involved in the music business at one point. Jr. and his wife seem to be past the Hollywood glamour phase. Just a guess.May 16, 2020 at 7:38 am #128767
Can’t imagine why Bill DeWitt, Jr. would buy a house like this. Doesn’t fit his conservative Midwest lifestyle.May 16, 2020 at 8:12 am #128769
I imagine his palace is in Cincinnati.May 16, 2020 at 8:23 am #128770
I’m sure his house in Cincy is very nice. He also had a place in St. Louis for a number of years, but sold it several years ago.May 16, 2020 at 8:43 am #128773Euro DandyParticipantFree
Maybe the purchase was predominately due to its investment value. Billionaires look for that kind of thing. Longoria sold it for millions less than she paid, and she owned it during a period of time when real estate appreciated nicely in LA. Warren Buffett often says to look for value stocks. This might be an example of that. Or maybe Longoria way overpaid and it’s not a great value, but DeWitt just wants to ride off into the sunset going out on a fling.May 16, 2020 at 8:47 am #128775
I don’t know. Bill and Kathy are firmly entrenched Midwesterners and have great circles of friends in both Cincy and St. Louis.May 16, 2020 at 9:04 am #128776BlackHillsCardParticipantFree
That’s a nice vacation mansion.May 16, 2020 at 9:34 am #128781Euro DandyParticipantFree
bccran, my going out on a fling comment is not something I believe to be likely either.May 16, 2020 at 1:57 pm #128803
You might be right Brian. That would make more sense although the writer of the article thinks it is the elder DeWitt.
DeWitt, 78, bought the Cardinals for $150 million in 1995 and has seen the team’s value soar in the decades since, with Forbes currently estimating the club’s worth at $2.2 billion. During his tenure, the team has won two World Series titles in 2006 and 2011.May 16, 2020 at 7:16 pm #128834bicyclemikeModeratorPaid - Annual
I wonder if the brewery wishes they had kept the club, and brought in some baseball people to run it. Especially now with microbrews cutting in to traditional big batch beer sales, it would have been a nice investment to hang on to. But to have the value it currently carries they would have needed to keep the team competitive, the way the DeWitt’s have done.May 16, 2020 at 7:50 pm #128841
The brewery is no longer the brewery.May 17, 2020 at 7:01 am #128855
The LA Times version of the story mentioned that this was an upgrade:
“Around the time of the sale, he quietly unloaded his place in Studio City in an off-market deal for $3.4 million.”May 17, 2020 at 1:09 pm #128878
Well I guess DeWitt doesn’t have to hang out at the team hotel when the Cardinals travel to play the Dodgers. :o)
Of course the team won’t be traveling to LA anytime soon.May 18, 2020 at 11:52 am #128932Minuteman3ParticipantFree
Who in their right mind would want to move or even vacation in California especially with all that is going on there now?
But the real question of the day is: IF the season should start will John Brebbia start with a clean shaven face or has that pile of brush lengthened since the shutdowm?May 18, 2020 at 12:28 pm #128933
Brebbia answered that recently:
“I’ve always said that the beard starts when the season starts,” said Brebbia.
So this is NOT a current photo.May 25, 2020 at 9:37 am #129292Minuteman3ParticipantFree
Speaking of digs, NY Mets pitcher Thor is embroiled in a rental fight with his NY landlord. Seems Thor signed an 8 month contract for an apartment in Manhattan at 27K per month but had TJ and moved to Florida for rehab before ever moving into the apartment. He has offered to pay two months rent and void the rest of the contract or let the owner re-rent the place but the owner wants the full contract price $250K as you can’t just renegotiate a contract on leasing like you do as a ballplayer. So far, not a single comment in favor of Thor and many against.
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