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  #1  
Old 08-28-2006, 09:19 PM
Cunningham Racing
 
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Originally Posted by Pillow Pants
I'm glad they sold Ellis to someone with some business sense. It's painfully obvious the Chicago boys have no idea how to offer a great product.
There in-lied the problem with Ellis Park...it would never be allowed to prosper under CDI's wing due to the fact that it was a midwest track that competed directly with Arlington Park for the same horses in the summer time.....Do you think Mr. D was going to allow Ellis to prosper and take the shine away from his precious Arlington Park?....No chance.....The pea patch never had a chance with CDI owning it....the ONLY reason CDI benefitted for having Ellis in their eyes is because it kept the die-hard Kentucky horsemen happy to have racing in state year round...that was the only benefit...

It should do better now under new management. Supposedly, they were going to get rid of Doug after this year anyway, so that didn't surprise me that he was released by CD and ElP...

CDI has their eyes squarely set on one prize and one prize only and that is NYRA, which is no huge secret.....they want it so bad they can taste it and they have been positioning themselves to get it for 2 years now....If they had it their way, they would sell Hoosier and Calder and cut off all of the proverbial "fat" - as I've heard it mentioned time and time again...

They tried to sell Ellis for years and never could find anyone that would give them anything for it...Mike Pegram tried to low-ball them with an offer a few years back but it wasn't enough...I think they only sold the place to the new owner for around $8 million, which is dirt cheap for a race track in Kentucky.
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  #2  
Old 08-28-2006, 10:27 PM
Coach Pants
 
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Originally Posted by Cunningham Racing
They tried to sell Ellis for years and never could find anyone that would give them anything for it...Mike Pegram tried to low-ball them with an offer a few years back but it wasn't enough...I think they only sold the place to the new owner for around $8 million, which is dirt cheap for a race track in Kentucky.
If I recall didn't the negotiations with Pegram have a condition that if slots were approved that Churchill would come back in for half?

I wonder if the same deal was made with Mr. Geary.
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  #3  
Old 08-29-2006, 07:47 AM
Cunningham Racing
 
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Originally Posted by Pillow Pants
If I recall didn't the negotiations with Pegram have a condition that if slots were approved that Churchill would come back in for half?

I wonder if the same deal was made with Mr. Geary.
Yes, that was a provision in the deal and I'm sure they have the same provision with Mr. Geary. As a matter of fact, they have the same deal with Bay Meadows Company who purchased Hollywood Park from them that if they get slots in the next five years that CDI can come back in for half - although that will NEVER happen out there....

I think CDI also retained some or a majority share of the OTB at Ellis Park if I'm not mistaken.....I know they struck a deal to allow CDSN still opperate Ellis' simulcast signal before selling the track - although it is a ****ty simo product....
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Old 08-29-2006, 08:10 AM
Scurlogue Champ's Avatar
Scurlogue Champ Scurlogue Champ is offline
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Join Date: May 2006
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Quote:
Originally Posted by Cunningham Racing
Yes, that was a provision in the deal and I'm sure they have the same provision with Mr. Geary. As a matter of fact, they have the same deal with Bay Meadows Company who purchased Hollywood Park from them that if they get slots in the next five years that CDI can come back in for half - although that will NEVER happen out there....

I think CDI also retained some or a majority share of the OTB at Ellis Park if I'm not mistaken.....I know they struck a deal to allow CDSN still opperate Ellis' simulcast signal before selling the track - although it is a ****ty simo product....
It sure is
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