free bad credit credit cards instant approval best travel rewards credit cards 2012 canada how to find standard chartered credit card status business credit card comparison site old navy credit card payments in store major credit card companies in india credit card search engine credit card processing fees illegal gap visa credit card login td canada trust visa card phone number check credit score for free no credit cards required i have a bad credit rating and need a credit card virtual credit card generator download best buy protection plan update credit card no credit loans uk pay capital city credit card http capital one credit cards compare home depot credit card 0 interest chase credit card payments per month typical merchant credit card fees standard chartered titanium credit card uae low interest credit card offers australia disney credit card review 2013 wireless credit card terminal for sale need a personal loan with bad credit fast bank of america credit card apr free virtual credit card for paypal how do cash advances work lloyds platinum credit card benefits best banks for credit card debt consolidation best visa rewards card 2012 hdfc credit card apply in hyderabad close credit card account affect credit score small unsecured loans with bad credit horizon gold credit card telephone number low interest student credit cards canada icici credit card types wells fargo credit card apply now 24 hour online instant cash loans south africa best credit card deals july 2012 compare credit card offers uk barclays platinum card terms and conditions what was the first credit card company in the us ge capital credit card customer service virgin credit card contactless prepaid credit card usaa what kind of credit card should i get if i have bad credit student credit cards with no credit or bad credit american express credit card business model international transaction fee free credit cards chevron texaco credit card payment address cash advance lenders online only airtel balance transfer number capital one going over credit limit southwest airlines credit card deals 10 best credit cards for rewards historical average credit card rates tips on how to prevent credit card fraud is it good to consolidate credit cards td canada trust visa debit student credit cards with bad credit free guaranteed approval credit cards company issued credit cards policy starter credit cards for college students distributed data mining in credit card fraud detection bibtex credit card with no credit check with instant approvals genuine bad credit loan companies best credit card offers for students 2013 capital one credit card international travel cash advances in georgia hello kitty credit card apply pay first usa credit card entropay virtual credit card generator delta credit card cash back hdfc platinum plus credit card reward points redemption catalogue secured visa credit cards canada credit cards for college students with no income where to buy pay as you go credit cards online loans today chase credit card protection fee how to apply credit card in sbi bank online how to check my icici credit card status how to use facebook credits cards 3d secure credit card visa best buy credit card app status discover credit card payment sam;s club visa disney credit card rewards orchard bank credit cards for no credit do i need a credit card to get a credit rating states with new credit card fees standard chartered credit card reward points catalogue 2013 india best travel credit cards in india 2012 british airways credit card avios points tesco prepaid credit card ireland cibc credit card insurance get a credit card today online instant online prepaid credit card instant payday loan direct lender walmart rewards credit card canada fha bad credit loan reviews credit card with bad credit nz key ring reward cards apk getting a credit card machine for small business whats the average credit card limit citibank gold credit card online apply nab gold credit card travel insurance hsbc credit card application retrieval complaints against capital one credit card company major credit cards accepted logo bad credit loans uk no fees bank of america secured credit card graduation sbi credit card offers on hotel booking how to pay hdfc credit card bill online from icici account wireless credit card terminals for sale bank of america corporate credit card programs hdfc credit card payment information best credit card for business travel wells fargo college cash back visa credit card will paying off credit card debt help my credit score paypal credit card verification unavailable how to get a free nandos black card bank of america unsecured credit card for bad credit jcpenney rewards credit card online payment cibc prepaid credit card canada credit cards travel miles how to apply for hsbc classic credit card citibank credit card offer on bookmyshow credit card rewards comparison 2012 westpac credit cards apply online credit card verification form bovada credit card loan consolidation companies guaranteed credit card uk rapid cash payday loans reviews what does visa cards start with standard merchant credit card fees cash canada payday loans grande prairie add funds paypal prepaid credit card low rate credit cards canada credit card comparisons 0 balance transfer natwest can visa debit cards be used in the uk hsbc online credit card payment through billdesk belk credit card application 6 month payday loans direct lenders no credit check santander 123 cashback credit card annual fee credit card verification code mastercard generator chase credit card settlement phone number what is a purchase interest rate on a credit card credit card help sbi credit card irctc offer lowest credit card merchant fees toys r us gold card coupons natwest student credit card interest free rbc lowest interest credit card how to pay off high interest credit cards fast shell credit card promotion singapore gold credit card hsbc uk good credit cards for bad credit with no deposit mastercard prepaid card which credit card is best in india 2012 buy online prepaid credit card prepaid visa cards canada bank of america uk credit card capital one student rewards credit card is discover a good credit card to get should i get a personal loan to pay off credit card debt buy visa prepaid credit card online sbi credit card against fixed deposit best credit cards for college students 2013 how to remove halo reach credit limit credit card offers 0 apr balance transfers no transfer fee orchard bank credit card application by phone catalogues for bad credit guaranteed acceptance interest free balance transfer credit cards uk post office credit card balance transfer existing customers prepaid virtual credit card us apply online for hdfc silver credit card cash advance america payday loan scams credit cards with 0 interest on purchases for 12 months kotak mahindra bank credit card apply eligibility cash payday loans how to apply for a credit card online with a cosigner instructions on how to use a credit card machine citibank government travel credit card login instant cash loans uk lowest merchant credit card fees mortgage loans with bad credit and no money down apply for student credit card chase icici bank credit card loan interest rate best credit card in canada 2013 uk best credit card rate cheapest credit card machine what credit card should i get with bad credit reloadable prepaid credit cards with no fees american express starwood credit card application prepaid credit card canada post credit card terminal for iphone uk bank of america credit card cash advance online free credit card numbers with cvv code online visa card instant hdfc corporate credit card login credit cards for bad credit scores capital one online credit card management bank of america credit card finder apply for walmart business credit card compare best 0 credit cards credit cards with free worldwide travel insurance best premium credit cards 2011 icici coral credit card apply online apply for capital 1 credit card 0 interest balance transfer credit cards in dubai hdfc credit card helpline no gurgaon using credit cards before bankruptcy canada dillards credit card ge capital retail bank credit card payment address platinum cardcaptor sakura piano how many numbers is a visa credit card number south west trains gold card contact bad credit loans uk instant decision visa credit cards for college students chase balance transfer calculator 0 percent interest credit card on balance transfer best buy credit cards contact number gap credit card services phone number credit card issuers uk payday loans for bad credit no credit check online hdfc credit card offers premier designs credit card phone number top credit card companies credit card reward programs comparison lost visa card canada rbc best business credit cards for small business with bad credit bank of america joint credit card chevron gas credit card axis bank instant credit card review hsbc online credit card payment india can credit card company garnish income tax refund what is the best credit card for airline miles 2011 neiman marcus credit cards accepted how to get a business loan with bad credit and no money chase credit card rewards redemption orchard bank credit card reviews 2011 usaa credit card account login national city credit card services how to view my hdfc credit card statement low credit credit cards australia wells fargo health advantage credit card reviews credit cards application form virgin low rate credit card online loans with monthly payments reviews orchard credit card contact number can credit card companies garnish your wages in illinois 0 interest free purchase credit cards the risks of transferring a car loan to a credit card check first cash advance what is credit card cash back how to apply for a credit card online with no credit payday loan no credit check no broker uk amazon store credit card reviews black card points small business credit card offers best sams club discover credit card payment delta credit union secured credit cards how to get your first credit card 2012 bank of america travel credit card review old navy visa card application best air miles rewards credit card canada best balance transfer cards credit card processing fees tax deductible fnb credit card repayment calculator best credit card payment gateway tips on how to get rid of credit card debt how do 0 percent credit cards work shoppers drug mart credit card online get credit card online bad credit standard chartered credit card malaysia smart tag everest cash advance - fast payday loans 24 months interest free credit card on purchases credit building credit cards with low apr how do cash back reward cards work discover student credit card with no credit history free visa credit card number and security code 2013 0 percent interest balance transfer credit card get credit cards online free list of credit card companies in the united states can you use prepaid credit cards abroad credit card apr minimum payment calculator business loans with bad credit history cimb credit card visa signature 0 fee balance transfer credit cards no fee best gas credit card to get icici credit card apply online in jaipur prepaid credit cards with no foreign transaction fee capital one world aspire credit card first premier credit card login in 0 interest credit cards offers valid credit card numbers with cvv 2013 credit cards for no credit students largest credit card banks credit card limit calculator income credit card processing app for blackberry pay off credit card debt with student loan online loan application instant decision prepaid visa credit cards for international use best cashback credit cards 2011 0 interest balance transfer credit cards australia what is credit card security code number credit card authorization form word dbs visa debit card application form how to download free apps from app store without credit card icici credit card statement online view best reward credit cards with no annual fee 2013 united credit card offer 60000 credit cards no credit check australia capital one application for credit card payday lenders direct no credit checks top cash back credit cards canada scotiabank american express gold card review bad credit need a credit card with no upfront setup fees visa credit cards with gas rewards easy credit card checker 2010 starbucks gold card benefits change new list of payday lenders best bad credit credit cards reviews apply for orchard bank credit card for bad credit how to apply for joint credit card account prepaid credit card paypal uk secured major credit cards legit online payday loans no credit check free visa credit card numbers hsbc gold credit card can you pay best buy credit card in store installment payday loans online bad credit unsecured credit cards for fair to bad credit credit card bin search australia best credit cards for college students uk nab low rate credit card chase credit card rewards quarter pnc secured credit card denied hsbc uae credit card loan easy credit card to apply for in canada business credit cards online application usaa credit card rewards redemption ann taylor credit card payment online disney credit card designs best buy small business credit cards lowest interest credit card new payday loan lenders direct compare travel rewards credit cards canada aadvantage credit card offers 2012 average credit card rate uk sbi platinum card customer care number features of axis bank credit cards credit card payoff calculator interest paid fidelity credit cards 2 cash back is it a good idea to consolidate credit cards what are considered major credit cards marriott reward credit card phone number free credit card authorization form pdf chase amazon visa card visa credit card 5000 limit can you apply for a walmart credit card online credit card compare nz best credit card with low interest rates credit card history check india easiest department store credit card to get with no credit history credit card applications for poor credit canada poor credit credit cards uk instant approval cancel home depot credit card canada safe unsecured loans with bad credit black cardamom tea prepaid credit cards online betting easy high limit credit cards to get what to look for when choosing a credit card credit card types in canada types of credit cards available for tourists mini credit card reader - for iphone ipad ipod touch and android which bank has the best student credit card compare reward credit cards uk credit card with bad credit or no credit list of stores that have reward cards uk credit card rewards points work bad credit secured loan lenders hdfc titanium credit card limit enhancement form is closing a credit card bad for your credit score td visa credit card activation number corporate credit cards for small business automatic credit card authorization form template chase bank pre approved credit card capital one credit card cash advance limit credit score uk important things to know before getting a credit card indianoil citibank platinum credit card review valero gas credit card login student credit card debt canada prepaid visa card canada balance no interest credit card types of delta american express credit cards chase freedom credit card logon lloyds tsb student credit card ppi shell credit card login citi credit cards rewards login best credit cards for no credit 2012 where to send chase credit card payments credit card for business account post office credit card balance transfer to current account minimum payment due credit card credit score citifinancial credit card contact number who has the lowest rate credit card credit card with bad credit rating uk how to redeem hdfc credit card points online westpac credit card fees cash advance bad credit loans uk easy store credit cards to get approved for with no credit city bank credit card bill payment international credit card services nederland visa credit card applications canada best 0 credit card balance transfers credit cards for fair credit discover best credit card rewards hsbc credit card travel insurance uk cash loans liverpool nsw ambank islamic credit card balance transfer credit card number visa electron american airlines credit card offers no annual fee how to get a personal loan with bad credit and a cosigner barclay credit card apply online india can you get cashback on a credit card transaction chase bank first credit card credit card visa number sample best no fee credit card offers tesco credit card payment number is it safe to make credit card payments over the phone personal loan with bad credit history in india best gas credit card for bad credit best online cash advances reviews best united mileage credit card offers credit card promotions 2013 singapore short term loan very bad credit best credit card terminal for iphone reviews virgin credit card uk postal address credit card number checker online anz credit card payment app for iphone how to know my icici credit card reward points credit card merchant fees law list of top credit cards in india credit card score scale how can i sign up for netflix without a credit card how to get first credit card student best business credit card canada 2012 mastercard credit cards for students bank of america credit card rewards login hdfc credit card deals on travel your access to natwest credit card online services is locked out explain how credit card interest works wells fargo secured credit card after bankruptcy hdfc credit card customer care number kerala hdfc credit card helpline indore best credit card rates 2012 canadian tire credit card contact best bad credit cards unsecured do car dealers accept credit cards uk cash back credit card supermarket peoples credit card numbers real 2013 credit card debt advice forum short term cash loans apply for uk credit cards online cerulean discover credit card review jcpenney credit card login bad credit payday loan lenders online instant decision payday loans online how to update credit card details on apple id how long does it take to get a credit card from fnb credit card debt on death in canada compare credit card terminals uk visa company credit cards applied bank visa business credit card how do i get a credit card if i have a bad credit rating credit card fraud online games business credit cards with cashback bpi family credit card online application credit card transfer offers costco credit card processing reviews merchant cash advance software bpi cash advance credit card credit card payment gateway providers india citibank credit card insurance coverage online cash loans no credit check south africa ulster bank credit card numbers credit card for no credit no annual fee citibank credit card rates best rewards visa card australia types of orchard bank credit cards payday loans online bad credit no fax walmart credit card ipad app security credit card wallet jobar how many credit cards can i sign up for payday lenders online only business credit cards travel rewards prepaid credit cards travel
Home Maury Brown Looking Back on Peter Magowan and the Giants

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 796 guests online

Atom RSS

Looking Back on Peter Magowan and the Giants PDF Print E-mail
User Rating: / 16
PoorBest 
Written by Maury Brown   
Friday, 16 May 2008 10:07

Peter Magowan

UPDATE: Peter Magowan, the managing partner of the San Francisco Giants has stepped down, and will retire on October 1, the scheduled end of the 2008 season. He will be succeeded as managing general partner by William H. Neukom, currently a general partner in the ownership group. Giants Executive Vice President and Chief Operating Officer Laurence M. Baer will become President, effective October 1. Magowan will remain a partner in the Giants ownership group. The change requires approval of Major League Baseball, which is expected to take place at the next scheduled ownership meeting (August 13 and 14 in Washington, D.C.). Magowan released the following statement:

"It has been an honor to represent the Giants the last 16 years," said Magowan. "I will remain a partner and, of course, I will always be a Giants fan - as I have been since I was eight years old. I have always felt that no individual or group of individuals is really the owner of a sports franchise, because a team really belongs to the community. I feel very fortunate that my successors - with whom I have worked for more than a decade - feel the same way.

"The decision to retire was not an easy one. But it is the right one for my family and me. I have spent the last 29 years as head of two incredible organizations - Safeway and the Giants. I put everything I had in terms of time, energy and commitment into my work and inevitably I made some sacrifices. Now, I'd like to spend more time with my family. Four years ago I had one grandchild, and now I have 10. This just seems like the right time for me to move on.

"I would like to thank my family, my fellow partners, the Giants front office and guest services staff, all those who have worn the Giants uniform these last 16 years, the Giants alumni, and, above all, our fans for their loyalty, support and friendship over these many years. You have given me many wonderful memories, which I will cherish forever.

"As the Giants begin their next 50 years I believe they are in good hands. I know the management team will not rest in its quest to bring our community the World Series championship that it deserves."

 Commissioner Selig released the following statement after the annoucement:

“Peter Magowan will always be remembered in the San Francisco Bay area for saving baseball in 1992 and for preserving the game for the next two generations of San Francisco fans by building the beautiful ballpark by the Bay. During his 16 years with the Giants, he has made a great impact in the community and within the game.

“Personally, I will miss Peter. I will miss his wisdom and his counsel. I am grateful, though, that he leaves the ball club in the very capable hands of Bill Neukom, the club’s new Managing General Partner, and Larry Baer, the Chief Operating Officer and, now, the President of the Giants.

“My wife, Sue, and I wish Peter and Debby great happiness. They are wonderful friends and Sue and I look forward to seeing them again in the very near future.”

The following tracks Magowan and the Giants during his tenure. The China Basin project that would become Pac Bell Park (now AT&T Park); the signing of Barry Bonds and his extension; Bonds' ties to BALCO and the how Magowan factored into the Mitchell Report;, whether the A's could benefit from Magowan's departure as it pertains to San Jose; and what the Giants front office might look like after Magowan steps down. - Maury Brown, Founder and President, Business of Sports Network 


Three words should come to mind when one thinks of Peter Magowan: Tampa Bay Giants.

If not for MLB, Peter Magowan, the rest of his ownership group (which included Walter Shorenstein, Charles Schwab and Don Fisher), a legion of season-ticket holders that opened their pocketbooks, and a creative City of San Francisco, the Giants would have very easily packed up their bags and moved across the country to St. Petersburg where a newly built domed facility had been built to lure a Major League Baseball team.

That was Bob Lurie’s plan.

Think of it… Just shortly before Lurie was ready to move the team, MLB stopped the move and worked out a deal with a group of investors that stepped up and said they would work to keep the Giants in the Bay Area.

Cost of the Giants then? $100 million.

By December of 1992, Peter Magowan, packed up his bags in New York, headed to San Francisco and in three years, developed, what is to this day, the ballpark in a current crop of new ballparks that required the least amount of public subsidy.

San Francisco, say thanks to Magowan as he moves out of the Giants leadership position.

Peter, not all your ownership brethren saw what you did in San Francisco as good for business. It created a distraction for every owner looking to land as much public subsidy for their new stadiums as possible.

“If San Francisco and the Giants can do it, why can’t you?” became the rallying cry for municipalities from St. Louis to Washington, D.C. and beyond.

The deal, known then as the China Basin project, was unlike anything that had come before, and has since. It came right on the heels of the Loma Prieta earthquake, which opened the window to develop away from Candlestick Park, and gave the public more of a heart to approve the funding measure (it passed by a 2-1 margin)

The timing of the unique funding model was perfect, as was the location: the Dot Com boom in and around Silicon Valley, which fueled a large amount of discretionary income for those fans willing to open their pocketbooks to keep the Giants from relocating.

The funding model that came about was as follows:

  • $170 million loan from Chase Manhattan Bank
  • $70 million from the sale of charter seat licenses (1/3 of the total cost by way of fans)
  • $102 million from the sale of naming rights (Pac Bell, at the time), sponsorships and other sources
  • $15 million in tax increment financing by the city's redevelopment agency.
  • The land on which the ballpark now called AT&T Park is owned by the City of San Francisco and is leased to the Giants.
  • To allow the development of the ballpark, a change in the City Planning Code was granted to allow for an exemption from height limits.

While not privately funded in entirety, it is the one that used the least amount of tax dollars to get built. One could make the claim that by putting so much weight into the Charter Seat License program, it forced season-ticket holders to pay for a third of the funding, but still... That is private funding, is it not?

While the effort to keep the Giants in San Francisco was not wholly a Peter Magowan matter, he was, none the less, the face of the club. The efforts to get the gem of a ballpark built on the Bay landed Magowan the 2000 Sports Executive of the Year by Street & Smith's Sports Business Journal.

Select Read More to see this orginal article on Peter Magowan and the Giants

Pac Bell Park Brings Attendance Back to the Giants 

The new ballpark also did something else for the Giants: increase attendance. The Giants had been woeful in the attendance department playing in the multi-purpose Candlestick Park/3ComPark drawing 1,241,500 (12th of 14) in 1995, 1,413,922 (13th of 14) in 1996, 1,690,869 (11th of 14) in 1997, 1,925,364 (10th of 16) in 1998 and 2,078,399 (10th of 16) in 1999 leading up to the opening of Pac Bell Park.

When Pac Bell opened, attendance skyrocketed, ranking them at the top of attendance for the NL: 3,318,800 (2nd of 16) in 2000, 3,311,958 (1st of 16) in 2001, 3,253,203 (1st of 16) in 2002, 3,264,898 (1st of 16) in 2003, 3,256,854 (3rd of 16) in 2004, 3,181,023 (3rd of 16) in 2005, 3,130,313 (4th of 16) in 2006, and 3,223,215 (5th of 16) in 2007.

The added revenues would also allowed Magowan to sign a star player that would bring fans and controversy. It is the latter that unfortunately seems why he is stepping down today.

Barry Bonds and Peter Magowan

In 1992, even before the sale of the Giants was completed, the new ownership signed Barry Bonds to a then-record $43.75 million, 6 year contract. From that moment on, the Giants and Bonds became synonymous, for better and worse.

As Bonds incredible string of homeruns continued well past his prime, the BALCO scandal broke in 2003, thus forever shifting the view of many that Bonds chemically enhanced his performance.

As the Bonds homerun chase of Henry Aaron escalated and the his ties through the BALCO investigation wound its way through the Grand Jury, pressure on Magowan and the Giants escalated. After all, how does one fire a player that has not been proved to use knowingly use PEDs, or lie to a Grand Jury? And, to add to that quandary, the player in question is the greatest homerun hitting player of all time? It added to wins. It added to fan interest in San Francisco, while it added to the national debate as to how the game was “dirty”.

According to the Mitchell Report, in 2004 -- right in the midst of the BALCO investigation -- Magowan called up Bonds and asked, "I've really got to know, did you take steroids?" According to the report, Bonds said he took substances that he didn't know were steroids and found out later they were.

The problem was, Bonds said to the Grand Jury that he never knew what he was taking was steroids, but rather was flax seed oil and a balm that he had no idea had PEDs within (now known as “the cream”).

Two days after Magowan met with investigators for the Mitchell committee, a lawyer for Magowan called and said he had misspoke when saying Bonds knew later the substances were steroids.

The stories didn't jive. 

In 2006 – the year that Bonds was almost assured of passing Aaron on the all-time homerun list –Bonds hit free agency.

Many said that Bonds should be released due to the circus of media and fans that followed the Giants wherever they went. The Giants and Magowan chose to gamble and resigned Bonds in 2006 to a one-year, $16 million deal. The inference in light of the Mitchell Report was that Giants management knew of Bonds PED use, and chose instead to reap the benefits of homerun chase. Once Bonds passed Aaron, the club would divest itself of all things Bonds, which they did.

Following the season he wrote a letter to Giants season ticket holders apologizing for re-signing Bonds for the 2007 season and all images of Bonds have been removed from AT&T Park.

The Mitchell Report, and Magowan's Departure

Which leads us up to today

When the announcement that changes to the Joint Drug Agreement would be coming based on recommendations within the Mitchell Report, Commissioner Selig also indicated that any fines imposed on management personnel for conduct described in the Mitchell Report would be donated to the Partnership of a Drug Free America (PDFA) and the Taylor Hooton Foundation.

With Magowan the highest ranking executive mentioned in the report, it was clear that Selig would be focusing on the Giants.

There have been reports that Magowan is stepping away from the Giants due to his age. At 66, he ranks 17th out of the 30 owners. Jon Heyman of SI.com writes that it has not been Magowan being citied in unsavory terms within the Mitchell Report that is forcing him to leave the Giants, but rather, “the recent reversal of team fortunes in terms of the standings and the bottom line [which] are much more a factor.”

This doesn’t seem to ring true, but at 10:30am PT, Magowan scheduled stepped down.

The fortunes of the club have been incredibly bolstered by the work that Magowan did. Also, how the team performs in the standings is directly tied to the bottom line. In that, shouldn’t Brian Sabean be shown the door, not Magowan? Other clubs with inept ownership have fired the GM rather than be pushed aside. Magowan does not strike one as "inept."

In fact, more than one source has said to me over the past day that as early as January, the removal of Magowan was being broached as a matter of damage control in the wake of the Mitchell Report. If true, Sabean’s time with the Giants should be short lived as well, although word early today is quite the opposite.

Peter, you may be leaving the Giants at the right time after all.

Could the Change in Leadership Assist the Athletics? 

Lastly, this may all play into the Oakland Athletics plans. In 2004 I wrote in Expos Relocation: No A's to San Jose:

When Bob Lurie was looking to get out of Candlestick Park in the late 80’s, baseball expanded the Giants territory to include Santa Clara County where there were efforts to pass funding to build a new ballpark in San Jose. The voters in Santa Clara County rejected tax hikes to fund the stadium in both 1990 and 1992, yet baseball reaffirmed those rights when Peter Magowan purchased the team and built Pac Bell Park.

Since that time, the A’s have been looking to regain the San Jose territory. As Magowan said at the time that Schott and Hoffman owned the club, [Steve Schott] wants to get out of the Coliseum, and I don't blame him. He wants to get a new stadium. I think that's a noble objective. But there are plenty of places to put it in the Bay Area that are not in the Giants' territory. Good places. That's where I'd like to see him concentrate, but I don't run the A's."

With Magowan out of the picture, it is possible, although unlikely, that the territory could be resended and placed back with the Athletics. That could allow Lewis Wolff to negotiate with San Jose, as opposed to sitting on the edge of what is now Giants territory in Fremont.

As with most everything, the matter would revolve around money. Money for a stadium. Compensation for the Giants. Could a regional sports network also MASN be created? The Orioles and Nationals created the blueprint.

Conclusions 

All a discussion for another day. All discussions that will not have Peter Magowan at the table (although he is retaining partial ownership). Word is that a search by Larry Baer to find a replacement investor for Magowan is in the works, and that the ownership group is comfortable with Baer taking a more visible role in Magowan’s absence. He will move into the position of president with William Neukom as the managing general partner.

In a year that Barry Bonds is sitting on the sidelines and out of uniform, so will Peter Magowan for the most part; the two forever linked. Whether one brought down the other is debatable.

In the end, one asks about the manner that Magowan is leaving under. Owners worth far less have continued to make haphazard and damaging errors which impact the bottom line. Most cities would be grateful to have had an owner like Peter Magowan.

REFERENCES:

San Francisco City Planning Code

Magowan stepping down as Giants' boss - Henry Schulman, San Francisco Chronicle (5/16/08)

The Giants, after Magowan… - Tim Kawakami, San Jose Mercury News (5/14/08)

Ballparks.com

Baseball-Referfence.com 

Business of Sports Network research

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?