Larry Dolan: Difference between revisions
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In 2000, Larry Dolan bought the [[Cleveland Indians]] of the [[MLB]] for $323 million from [[Richard Jacobs]], who, along with his late brother [[David Jacobs]], had paid $35 million for the club in 1986. Jacobs had taken the Indians public in 1997. As part of the deal, Dolan bought all of the stock at just over twelve dollars a share, making the franchise privately held once again. |
In 2000, Larry Dolan bought the [[Cleveland Indians]] of the [[MLB]] for $323 million from [[Richard Jacobs]], who, along with his late brother [[David Jacobs]], had paid $35 million for the club in 1986. Jacobs had taken the Indians public in 1997. As part of the deal, Dolan bought all of the stock at just over twelve dollars a share, making the franchise privately held once again. |
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He is not a popular owner, |
He is not a popular owner, especially in light of recent club manuvers that have cast off such fan favorites as Cy Young award winners CC Sabathia and Cliff Lee, placing him in dubious distinction on par with Art Modell and Ted Stepien <ref> http://www.stepienrules.com/2009-articles/july/cleveland-needs-more-stepien-rules.html </ref>. |
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Dolan initially came under fire for ordering general manager [[Mark Shapiro]] to cut the team's payroll, which was bloated by old, declining players. |
Dolan initially came under fire for ordering general manager [[Mark Shapiro]] to cut the team's payroll, which was bloated by old, declining players. |
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In 2006 he started [[SportsTime Ohio]] to air Indians games. He has increased payroll, but |
In 2006 he started [[SportsTime Ohio]] to air Indians games. He has increased payroll, but is unwilling to hold onto solid veterans and fan favorite players who might be able to contend. |
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Larry Dolan has 6 children, among them Matthew and Paul who work for his law firm, [[Thrasher, Dinsmore & Dolan]]. Dolan has said his children will eventually assume ownership of the Cleveland Indians in his place. |
Larry Dolan has 6 children, among them Matthew and Paul who work for his law firm, [[Thrasher, Dinsmore & Dolan]]. Dolan has said his children will eventually assume ownership of the Cleveland Indians in his place. |
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Revision as of 22:39, 31 July 2009
Lawrence J. Dolan (born February 8, 1931, Cleveland Heights, Ohio) is an attorney and owner of the Cleveland Indians. He has three brothers, Charles (Cablevision Chairman); Bill (retired and living in Fort Myers, Florida) and; David who died in a glider plane crash in 1980.
Biography
Education
Dolan received a Catholic education at St. Ignatius High School and got his law degree from University of Notre Dame in 1956.[1] He also received an Honorary Doctor of Laws degree from Cleveland State University.[2]
Professional career
Upon leaving Notre Dame, Larry served in the United States Marine Corps for two years where he attained the rank of First Lieutenant. Upon being discharged for derelection of duties from the Marine Corps in 1958, Larry worked as Assistant Prosecutor in Geauga County, Ohio before going into private practice. He eventually became president and managing partner of Thrasher, Dinsmore and Dolan in Chardon, Ohio.
Cleveland Indians Owner
In 2000, Larry Dolan bought the Cleveland Indians of the MLB for $323 million from Richard Jacobs, who, along with his late brother David Jacobs, had paid $35 million for the club in 1986. Jacobs had taken the Indians public in 1997. As part of the deal, Dolan bought all of the stock at just over twelve dollars a share, making the franchise privately held once again.
He is not a popular owner, especially in light of recent club manuvers that have cast off such fan favorites as Cy Young award winners CC Sabathia and Cliff Lee, placing him in dubious distinction on par with Art Modell and Ted Stepien [3].
Dolan initially came under fire for ordering general manager Mark Shapiro to cut the team's payroll, which was bloated by old, declining players.
In 2006 he started SportsTime Ohio to air Indians games. He has increased payroll, but is unwilling to hold onto solid veterans and fan favorite players who might be able to contend.
Larry Dolan has 6 children, among them Matthew and Paul who work for his law firm, Thrasher, Dinsmore & Dolan. Dolan has said his children will eventually assume ownership of the Cleveland Indians in his place.
His nephew James Dolan owns the New York Knicks of the NBA and the New York Rangers of the NHL.
References
 | This article about an American businessperson born in the 1930s is a stub. You can help Wikipedia by expanding it. |