One Fact in O’Malley’s $uccess Overlooked
The account of the O’Malley-Dodger financial successes omitted two important facts that contributed to that success over the years. First, and forgotten by many fans, is the 315 acres of prime Chavez Ravine property and millions worth of roads given to the O’Malley’s by the taxpayers of this city. Second is the Proposition 13 windfall that reduced Dodger Stadium property taxes from about $1.25 million to roughly $250,000.
Other baseball organizations have to pay their way, but thanks to some neat political maneuvering in the 1950s and many taxpayer dollars, Peter O’Malley must still be laughing all the way to the bank.
JAY KARELIUS
Granada Hills
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