“I’d rather sit on batteries than a tank of gas, in terms of explosion risk,” says Olivier Chalouhi, who became the world’s first Nissan LEAF owner when he took delivery of one in late 2010. It is a sentiment that Patrick Wang, one of the first to own the plug-in hybrid Chevy Volt, shares. “There’s a ton more energy in gasoline than in the battery pack—so to me it’s not a concern at all,” he says.
The only safety concern among a small sample of EV owners interviewed in conjunction with the May EVS26 electric vehicle symposium in Los Angeles relates to pedestrians’ obliviousness to the quiet electric drivetrain. Chalouhi, whose LEAF is equipped with an automatic pedestrian-alert sounder, says he has not had any such issues. Yet Wang, whose Volt is equipped with a driver-actuated pedestrian-alert sound, says that sometimes in parking lots pedestrians have not noticed him, so he activated the chirping noise.
Maintenance and driving range
Given that the battery pack is the single most expensive part on the vehicle—some estimates are up to 45 percent of the total cost of the vehicle—questions have been raised as to how frequently it will need to be replaced.
Patagonia founder and owner, Yvon Chouinard, and The Surfer’s Journal founders and owners, Steve and Debee Pezman, talk about being surfers for life.
As the primary architect of the Atlanta Braves’ dynasty in the 1980s and ’90s, Kasten noted the Dodgers’ fast start in stressing that the goal is to “win now — we’re not going to wait two years.”
In the tall, reserved Walter, Johnson can see parallels in ownership style with the Lakers’ Jerry Buss. Buss left it to general manager Jerry West and successor Mitch Kupchak to make the moves that kept that franchise at the top of the heap.
“Mark’s like Dr. Buss,” Magic said. “He’ll put money into the team and stay out of the way. He wants to win.”
Johnson, a big baseball fan growing up in Michigan, called it “one of the happiest days of my life.”
He said he was flattered that Walter and Kasten wanted him to join Guggenheim Baseball Management — along with Mandalay Entertainment chairman Peter Guber, Guggenheim Partners president Todd Boehly and Texas energy investor Bobby Patton — when they were putting together their winning bid to Frank and Jamie McCourt.
Legendary Dodgers broadcaster Vin Scully — one of the few individuals holding a place in the region’s hearts close to Johnson’s — mastered the ceremonies, concluding that this would be the last ownership exchange that would have his involvement.
There will be an unspecified amount of room available in the budget to pursue established talent in trades and free agency while fortifying the farm system, Kasten said.
“We’re not going to gouge the fans just because we paid a nice sum for this franchise,” Johnson said, disclosing that general parking would come down from $15 to $10. “We don’t want the fans to think because we wrote a big check [$2 billion], we’re going to stop writing checks for talent. We don’t want people to think we’re short on money now. That’s not the case.”
The sale of the team, the stadium and land surrounding it became official on Tuesday as the group closed its $2 billion purchase, ending the McCourts’ stormy eight-year ownership..
Guggenheim paid an additional $150 million for a 50-percent interest in the property surrounding Chavez Ravine and the stadium parking lots, in a joint venture with McCourt.
The McCourts bought the Dodgers in 2004 from News Corp. for a net purchase price of $371 million.
The team has put 250,000 shares up for sale at $250 apiece, plus a $25 handling charge per order. Murphy said the team hopes to generate at least $22 million to help defray the cost of a $143 million renovation project at Lambeau Field. Plans call for adding 6,700 additional seats, new high-definition video screens and a new entrance by 2013.
The sale marks the fifth time in the Packers’ 92-year history that the publicly-owned team has offered stock, though it’s really not an investment in the traditional sense. The value doesn’t increase, there are no dividends and it has virtually no resale value. But it does qualify the buyer as a team owner and conveys voting rights. It also qualifies the holder to attend the annual stockholder meeting at Lambeau each summer before training camp begins. They also get access to a special line of shareholder apparel.
via Yahoo! Sports
The sale will continue until February 29, 2012, and can be purchased at packersowner.com.
I’m not even a fan of the Packers but I think this is so cool that I want to buy one..