1/25/09 Nick Cafardo,Boston Globe

" for a total with -- Eddie Andelman is on line and on demand. -- listened to at -- Sunday night seven attendant on Oscar talk Mikey."

" fair weather is here and of course joining us is nick cup final. All is likely -- one more chance to have lunch with me and then after that call on some friends of mine from the north down."

" At that. So are you music and -- last week."

" I Judy said to sounded off."

" But you know try to do with this weekend."

" In the meantime I'd -- I was enjoyed -- com on today and as I always say. The the highlight of my sports page on Sunday in the offseason is the baseball notes call. And -- just I and I read it like really thoroughly. And I think once you you mentioned which I liked a lot nick and I don't think most people realize that. Is that there Red Sox. However in a much better bargaining position as as some other teams the leverage -- switching a little bit."

" Oh yeah this is what the real estate market you know I mean I mean they're going to be. It is still very very good players -- guys who have been all stars guys who've been -- probably go to the Hall of Fame like many. -- still out there and you know the going to get the more pennies on the dollar. I think there's going to be a real frenzy from now until. Probably even through spring training happens to be very late. Developing kind of market. Even in spring training you know a lot of guys don't of the WBZ. And you know teams -- going to be looking for some players to. Not only the plains spring training but guys -- maybe they can I get cheaply and can maybe put into their teams at some point so I. Could be a very is that I've never seen anything like this so many good players. Avail."

" Well the next there was a -- is that try before you born when the collusion happened."

" Well it was written called collusion that would warrant simply -- you're good at. It yeah I was I was doing -- work on the collusion thing but. You know PI mean obviously this will be different I think it's different anyway I don't think there's collusion going on right now."

" Well what what what is going on is the commissioners of all the sports. Warning all the -- they work fought. -- yeah fully don't know how deep this recession hit us and that if people have a brain in ahead. And they -- money on their credit cards on the behind their mortgage payment if they spent one penny on sports. Then this selfish stupid -- people."

" Well yeah I mean I think it you know I question whether. The economy was going to hit baseball but it has you know. There's no there's no question has and you're seeing it reflected and lot of teams aren't too raising their ticket prices and and you know I think they're very concerned about their sponsorships. And keeping those sponsorships. Long term and -- you know I think you're he's seen a lot of -- Luxury boxes right especially the have to -- in the country can receive a better way. This year right I think this is going to be the really strangest scene."

" I don't and I want to mention company. Because I'm somewhat involved with that. But the there is a company that I always had a luxury box at the -- for the Celtics -- the Bruins. They did not read no. And they still want to have a few bodies so they -- the box. May be three or four times a year instead of eighty times. And again and that the president of the company told me the other day. It's just as effectively -- in the same amount of sales and sales in this next 275000."

" the brought -- that."

" Well and it if you if you look back to so many of these. New buildings in Arenas have gone up in so many new ball box have gone -- specifically. That they can accommodate more luxury boxes and -- seems like the beginning to become the element that's. That's the dinosaurs these buildings looked if you think the banks collapsed fast. Let me tell -- something. If they ever pulled the luxury boxes in the premium seating. Every arena will quantum and including -- Latin. And it certainly wouldn't happen with the bad because he has enough equity unit is they have enough businesses. Take care of."

" it over the what goes -- the surprised about was. I don't know this this prices accurate or not put the 900 million dollars of the cubs -- for -- It's you like Heidi price price to get. I thought would be it would you know I think they originally. It was like a billion dollars some. Yeah. But I would drop even more of that you know for the for the buyer. Hmmm I'm surprised that that someone bought it for 900 million dollars."

" Under the -- rule which is out of -- arrest depreciation rule. You take the total. Payroll. And you divide by five and then cut that -- So for example the cubs' payroll -- a hundred million dollars you're gonna get a fifty million dollar write off flawed the payroll alone. Then on the building. Not the land you get to one half percent a year depreciation. And on the uniforms. You -- lofted one yeah. In the batting cage Asia right off and three is the computer you should write off for three years in office equipment he has. The book and I looked at this -- as I thought about it. The bottom line is the new owners of the cubs who have a new norm as income. Can take the post on this the first 28 million dollars they take it is tax free. It let me but -- did you think about buying the team. No but I'm I'm I'm serious about a used one issue that the arithmetic well actually and -- a imagine writing a book. I -- sometimes I'm I'm looking into some of these things to make a point. -- and so when you know you must understand it's. He -- you hear about some company buying another company that was losing money is that you could use as a write off. Well yeah that's what's happening in all over again. And IE I tell you that it's. Sports is in a very precarious position right now. And the -- have all equity and on such a huge amount of that in the Ralph Wilson or are Jeremy Jacobs. If you can't if it's mostly leverage. Yeah deep -- to."

" The -- I was still yeah and stating your explanation -- both surprised that -- put that much I thought it would."

" What -- did so the ball park in and also the get television rights and yours right now right the network and it's like the Red Sox still there they bought the meteors also have a lot of surrounding land which the Red Sox hat."

" Olivia -- let me ask you this how much. If the buster it's such personnel right now how much."

" I would say not as much as the papers have been indicating is that the Boston Globe trying to sell this year the 200 billion dollars don't have any bias in your left him. Yeah I mean you have liked the in the -- K should tech and about people who generates so much money. And health wealth in the billions. That millions don't plug them. -- I'm surprised Bernie Madoff did -- by the --"

" But that -- really really bad but it didn't really sound like. Like Sam Zell made it pretty good deal. If if the figures are accurate you know well they are."

" But -- the that's only one asset I don't think Sam -- made a very good deal at all on top overall. Buying that newspapers but it might be a form."

" Yup by the newspaper talking about body knows -- of the team. For 900 million you know I think is great."

" But that's like paying for smaller it's only paying a small loan debt. I think he he should easily as the Tribune Co. and Asian stock to the real estate business he's Wendell just. He is the largest I -- owner of office space in America and he should've stuck to. But -- one man's opinion admit let me ask you about a one more question on the Red Sox than we're given a chance to predict social bubbles welcomes the -- getting. Do an -- for comments kitchen. In east Boston real Italian food homemade Italian food. I am going to -- and also two tickets thinks -- dot com. To -- this would mean much to you owe me two tickets the Bruins game good seats in Philadelphia -- it's."

" Old time Mikey had they met winning the --"

" Here you know maybe Billy and I go to game."

" I would love that yes absolutely. It -- nick before I forget you lance. I went to see the -- today in Seattle sold out. This is going to be a contest academy. At those fabulous movie I -- the idea I meet Mickey Rourke is spectacular in that movie and recent is also great so she's gonna gonna. Supporting actress but I couldn't believe the crowd that was this is 11:40 in the morning. Yeah AMs of Siena it was mobbed and then they told they -- sold out the forensics show us. Was today that -- the opening and all of the movie Mel. These people must just be getting in England and I thought I think the light up the fact people like the -- the fact you know if you look actually he. You know had six professional boxing fights the middle of this film. And I remember that is bell -- a couple of times. At but he was amazing in that movie actually -- isn't an -- list to be with me that it was about. It would've been much like -- about blocks. That would have been about us. Because make me and you know whenever they say about the men if you are loyal to him did you become managers become tour operator he takes care of those guys. Don't takes care of anybody in boxing."

" You -- 2000 tickets -- the hockey in simplest path method. -- I want it was it was was Mickey what is good in this is he was in nine and a half weeks. And eyes I saw both it's those of performance. Was Tim mason via the destiny that is green tomatoes -- job and that's what she does playing too she -- all washed. What surprised My Cousin Vinny Marisa Tomei -- yeah. Yeah I knocks that back he had a tough schedule -- that's a -- scaly areas up clearly going to blues never did two extra. An -- and -- get a Bruins game in the strip club and I. Thought I kept out of Medicare without going to strip club."

" Good support during cinnamon. I mean built."

" Absolutely I haven't had a drink is Amanda got married -- against smoking I gave up drinking you. -- But I like to wager on the ones -- All right well admit I want to cry in the morning and if you break the state you're in trouble."

" Well yeah I ticket -- tomorrow. But but we'll do it."

" Okay nick is this going to be -- and -- going to do a tell all book like Joe Torre. Who NBC and external content."

" in the registry about that yeah it's very interest and up to Joe Torre -- I and I do think."

" A-Rod at a female like fixation on Jeter. How is it -- that one now you think he knows how to sell books."

" At La. While. Not. -- copy of that book is going to be some. Yes yes it is that you -- you wouldn't want to step on who you are exactly right now."

" There was a lot of people who going to be losing some sleep. Anyway."

" Well. Well I'm sure will be a success it would have bought into it let's pick. -- score. Arizona. 34. Two point four."

" People on Arizona explored and and how much he spent -- defense. The irresistible force versus the current portable -- I -- Nikki thanks."

" Thanks for downloading and listening to the -- the handle -- comes back office. Boston's talk revolution but -- 69 WTKK. Is on life and fun to."