Free_AEC on the Phillies and MLB

Free_AEC on the Phillies and MLB
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Monday, February 7, 2011

Say Hello to Phillies Owner John S. Middleton

One of the people in the picture below is Phillies owner John S. Middleton.


This picture was taken in Philadelphia at a meeting hosted by the World Affairs Council of Philadelphia on May 4, 2009.

Well, putting aside The Company he keeps, he looks healthy and he's got at least four billion dollars in cash. So I'd say Phillies fans have nothing but good things to look forward to into the future. Especially when you consider the billions of dollars in the Phillies ownership group other than John S. Middleton. Not only is the Phillies rotation stacked, but more importantly so is the bank account of the Phillies.



It's not looking good Tim. John S. Middleton gave $20,000 to John McCain's campaign for the White House in 2008. And anyway, you're a Mets fan!

Those DVD commentary's can come back to bite, but you get points for favoring Pete Rose's induction into Cooperstown.

Wednesday, January 26, 2011

Update: Alexander K Buck Passed Away!

UPDATE: April 7, 2011

In keeping with the Phillies official remembrance of Phillies owners Alexander and James Buck I am posting the passing of James Mahlon Buck Jr. with the post of his brother Alexander's passing. Phillies players are wearing a black patch with the letter "B" this season to mark their passing.
_______________________________________________________


James Mahlon Buck Jr. and his wife Elia
On March 16, 2011 the head of the Buck families ownership in the Phillies passed away at his home from heart disease. Who he was is still a mystery, like many other owners of MLB teams. James Mahlon Buck Jr. was a long time donor to the Republican party. Senator Arlen Specter -when he was a Republican- knew him and received donations to his campaigns for office from Mr. Buck. That does not appear in obits about Mr. Buck.


How much money is the estate of James Mahlon Buck Jr. worth? That's impossible to say. The Bucks are the type of people known as “blue bloods”. They do not advertise their wealth, they go to extreme lengths to hide how much money they have.

Left to right: James MahlonBuck Jr., wife Elia, daughter Caroline "Cackie" Rogers and son James Mahlon Buck III
So who will come into this money? At the moment it would appear that his wife Elia would take control, but who knows? Eventually it will be his son James Mahlon Buck III, who like his father worked at TDH Capital, a venture capital firm established by James Mahlon Buck Jr. and his brothers Alexander and William. James III is married to Elinor, formerly Elinor Ann Hosterman of York Pennsylvania. Her background was in “market research” and she graduated from Drexel University. Their engagement was announced in the New York Times almost 20 years ago in 1992.

James III is a General Partner at TDH Capital. Like dad he attended Princeton, and graduated from Princeton.

James Mahlon Buck III is currently also a member of another venture capital firm as well. This one is called MidCoast Capital. This firm seems to be a shell corporation operating underneath of TDH Capital. It was founded by Michael A. Cuneo and Steven W. Harris, both of whom were or still are involved with TDH Capital as well. Interestingly both Mr. Cuneo and Mr. Harris are graduates -with an MBA- of the Wharton Business School, just as Phillies President Dave $$$ Montgomery is.

What a coincidence!

So what does it all mean? James III is loaded ($) and he's extremely well educated in the real art of capitalism as practiced behind closed doors where the public is never allowed. So not only do the Phillies -and their fans!- have John S. Middleton and his four Billion in ca$h, they also have the vigorous looking (about 52 years old) James Mahlon Buck III lurking in the background with financial connections worldwide to endless streams of money (many of them his own).

So if the Phillies decide they need Albert Pujols playing left field next year, guess who will be playing left field for the Phillies next year?

You catch on quick!

From the obits:

In 1981, Mr. Buck and his two brothers were among the limited partners who purchased the Phillies from the Carpenter family for $30.2 million. According to published reports, the Buck's share at the time was about 30 percent.

"The two things that appealed to them were that they loved the sport and they followed it as kids. They saw the Phillies as a Philadelphia institution," the team's president, David Montgomery, told The Inquirer last year.

The Phillies were an integral part of Mr. Buck's life, his daughter, Caroline “Cackie” Rogers, said. "Family and friends would join him in the rooting section from the beginning of spring training until the 'final pitch.'" Rogers said. He had been scheduled to travel to Clearwater this week, she said.

After learning of Mr. Buck's death, Montgomery said in a statement, "Jim provided direction and consistent support for many of us in this organization. His wise counsel and warm friendship will be sorely missed."

In 1948, Mr. Buck began his business career in wholesale drug distribution with Smith Kline & French. The company, now GlaxoSmithKline, was founded by his ancestors in 1830.

Mr. Buck and his brothers, Alexander and William, purchased the wholesale division of Smith Kline in 1965 and renamed it the Drug House Inc.

He was chairman of the Drug House and, after it was sold to Alco Standard in 1977, he became chairman of Alco Health Services Division. For the next decade, he helped the firm purchase wholesale drug firms throughout the country.

Alco Health eventually went public as AmeriSource Health Corp. in 1995 and in 2001 merged to become AmerisourceBergen, one of the nation's largest pharmaceutical services providers.

In the late 1970s, Mr. Buck and his brothers founded TDH Capital Corp, a venture capital holding company in Radnor. The company investing founding capital in a number of firms including ESPN, Airgas, Staples and Intelligent Electronics. He remained active in the company.

Mr. Buck graduated from Haverford School and attended Princeton University before enlisting in the Army during World War II.

He served in the 92nd Division Field Artillery in Europe and fought in the Battle of the Bulge.

After his discharge, he earned a bachelor's degree from Princeton. He sang with the Princeton a cappella group, the Nassoons, and performed in musical theater productions with Princeton's Triangle Club.

A patron of Haverford and Princeton, he also served on the board of Church Farm School for more than 40 years. He was an emeritus trustee of the Philadelphia Orchestra and Bryn Mawr Hospital and was a founding trustee of the Main Line Health System. He was also on the board of Bryn Mawr Presbyterian Church.

Since 1953, Mr. Buck had been married to Elia Durr Buck. They met at a wholesale-drug convention, where she was working for her father who also was in the pharmaceutical business.

In addition to his wife and daughter, Mr. Buck is survived by a son, James III; six grandchildren; and brother William. His brother Alexander died in October. A daughter Anne died in 1975.

A memorial service will be at 4 p.m. Saturday, March 19, at Bryn Mawr Presbyterian Church, Bryn Mawr.

Donations may be made to the Philadelphia Orchestra Association, 260 S. Broad St., Philadelphia, 19102.


==========================================
In doing some searching by name I came across the fact that Phillies' part owner Alexander K. Buck passed away at the end of October last year (2010). This is apparently his obit published in the Philadelphia Inquirer and Daily News on October 26, 2010.



ALEXANDER "WHIP" BUCK, died peacefully, surrounded by his family Sunday afternoon at Capital Healthcare Hospital in Trenton.

Mr Buck was a gentle man, humble, kind, wise, thoughtful, generous, devoted to his family and fiercely loyal to his friends. He attended Haverford School, graduated from The Hun School, and attended Lafayette College before joining the U.S. Marine Corps in 1952, where he served with distinction. He was a business leader and entrepreneur, working for years as a Vice President at SmithKline and French in Trenton, and later founding TDH, Inc., a venture capital firm, with his brothers. His service to a myriad of non profit organizations helped leave the world a better place. He is an Emeritus trustee of The Hun School of Princeton, The Medical Center at Princeton, Princeton Bank and Trust Company, Kieve Affective Education, Inc., and the YMCA of Princeton, and was a member of Trinity Church of Princeton.

In 1996, he and Sally and their children founded Horizon Foundation, Inc, the family foundation now based in Portland, Maine. Alexander Buck believed in the power of community, and was widely loved and admired by a host of friends and citizens in Princeton; Nobleboro ME; Hobe Sound FL, and Osterville MA.

In 1981, Mr Buck and his two brothers became partners of the Philadelphia Phillies, a team he had cheered since his earliest boyhood. Over the course of their involvement with the Phillies, the team has been to the World Series 4 times winning the Championship in 2008.

Whip had music in his soul. He sang with the Palmer Squares and enjoyed pounding out hymns and boogie-woogie on the piano. Also an accomplished athlete, he loved playing golf at Beden's Brook Club, where he was a charter member; played spirited tennis at Pretty Brook Club; and was inducted into the Hun School Athletic Hall of Fame in 1996, recognizing his contributions to the school football and baseball teams in the late-1940s. He sailed, swam, canoed and fished in Maine, where he spent many happy summers since the 1930s. He worked to conserve the land he loved in Nobleboro and Princeton, deeply believing in the importance of land stewardship.

Mr Buck is survived by his loving and devoted wife of 56 years, Sara Long Buck; his brother William Clifton and their wives and children; his sons, Alexander, Jr, and Norman Harrison, and their wives, Sissy and Nancy; five grandchildren and one great-grandson.

His family loves him and has been inspired by his philanthropy, love, community spirit, sense of humor, athletic prowess, and passion for the natural world.

In lieu of flowers, please send contributions to Trinity Church in Princeton, where a Memorial Service will celebrate his life on Thursday, October 28th, at 11 A.M. Arrangements are under the direction of THE MATHER-HODGE FUNERAL HOME, Princeton.

Published in Philadelphia Inquirer & Philadelphia Daily News on October 26, 2010

Friday, December 31, 2010

Phillies Owners: Who They Are

Who are the Phillies' owners?

Many fans of the Phillies MLB team are under the mistaken impression that Dave Montgomery is the owner. In fact, Dave $$$ Montgomery is simply the Team President. Dave Montgomery does have a lot to say about how the team is run though. The real owners have told Montgomery what kind of annual profits they expect, and Montgomery -a Wharton Business School graduate- makes sure they see those profit margins every year. It matters not to Montgomery or those who own the Phillies whether they win the World Series, or even play in the Fall Classic. All they care about is the Dollar$.

Those fans who blamed Phillies' GM Ruben Amaro Jr. for “trading” Cliff Lee are seriously mistaken. No GM in MLB would have traded Cliff Lee for three prospects of any kind, and certainly not the three that the Phillies received from the Mariners.

No, following the Phillies six game defeat by the Yankees, Dave $$$ Montgomery ordered Ruben Amaro to go hard at Cliff Lee and his agent to sign a three year contract extension. The Phillies knew full well that Cliff Lee was looking for a seven year contract when they obtained him from the Indians. No player goes from seeking a deal that long and for as much as Lee was looking for ($140 million or more) to accepting a three year deal for somewhere between $55mil and $60mil.

It's just not going to happen.

And it did not happen. So Dave $$$ Montgomery ordered Ruben Amaro Jr. to get rid of Cliff Lee as fast as possible and as quickly as possible. So Lee was dealt in the middle of the night, in the middle of the off-season, when football was all the rage in Philadelphia and no one was paying any attention. No one -especially not Cliff Lee- expected it to happen. Lee was shocked as much as Phillies' fans. He soon stated so, and said he believed that after his performance against the Yankees he would finish his career in Philadelphia. 

And what a performance! Clearly the pitching highlight in Phillies history. Better than any of Roy Halladay's brilliance in 2010. Imagine, shutting down the Yankees with a complete game in the opening game of the series in Yankee Stadium, and even doing tricks behind his back. It was like a child's daydream, but it was real. It really happened, but now Dave $$$ Montgomery must try to expunge that memory from Phillies' history as it is his sin to have ordered Cliff Lee out of town.

Or rather he did. This was being written and researched before Cliff Lee was re-signed by the Phillies. Apparently the reality of what the Phillies did when they dumped Cliff Lee finally hit home at the highest levels. Maybe it was their offseason thinking about preparing Phillies highlight clips that brought back the memory of Cliff Lee in the 2009 World Series and the fact they could not use it which made the Phillies reach out and grab the second chance they never had after trading Ryne Sandberg to the Cubs. Maybe it was the posters on boards and blogs and callers to radio stations who could not forget Cliff Lee nor understand how the Phillies could be raising their ticket prices and concession prices yet were doing nothing.

Whatever it was Phils fans have to be thankful that the top rung was not out of touch with reality.

However, now we come to the subject of Jayson Werth. Dave Montgomery could not order Jayson Werth out of town last year. The Phillies' needed his bat in their lineup. They needed Werth's speed on the bases. They needed his cannon arm in right field. So what did Dave $$$ Montgomery do?

He had Ruben Amaro Jr. offer Werth the three year deal.

Werth was as shocked at being offered such a paltry sum of money after all that he had done for the Phillies while working on a two year $10 million contract that it screwed up his head, clearly negatively impacted his performance on the field all the 2010 season. More than that, it forced Werth into the arms of Scott Boras.

Scott Boras is a kind of agent of last resort. Boras always swings for the fence. Sometimes he connects, other times he strikes out. But Boras is going for all he can get, and he charges the biggest commission in baseball. The Player pays a lot of his contract in order to hire Scott Boras. 

This time Scott Boras hit a home run. Jayson Werth got paid big. $126 million big. The Phillies could have, and should have locked up Werth in November 2009 right after the World Series ended. They could have easily signed Werth for five years and $85 million. They might have even got Werth signed for five and $75 million.

But that didn't fit into the plans of Dave $$$ Montgomery. No sir, Dave Montgomery is determined to cap the Phillies payroll far below their revenues so the owners he represents can load up C-130 transport planes with cash and fill up banks in the Cayman Islands with the $250 million or more in revenues that Phillies' fans generate each year.

How much cash do the Phils fans produce? See the Ben Affleck directed movie “The Town”. This crew of Boston bank robbers finally hit Fenway Park the night after a Red Sox game. Look at that stack of cash! And Phillies fans generate a bigger pile after every game than Red Sox fans. 700,000 more Phillies fans filled The Bank in 2010 than filled Fenway.

Now Jayson Werth -one of the best post-season performers in MLB- will find himself at home when the playoffs begin. In this sense, Werth loses, the Phillies lose, Phillies' fans lose, and baseball fans in general lose.

Only Dave Montgomery and the bloodsuckers he represents win.

And Scott Boras wins. How ironic is that? Dave Montgomery and Phillies part owner William Giles are so close to the Commissioners' office that they could be Bud Selig's brothers. Yet solely due to their behavior and bloodsucking profiteering for the Phillies ownership group they enabled Scott Boras to acquire a home run client. They soft-tossed a ball down the middle of the plate to Scott Boras and Mr. Boras hit it into the upper-deck.

Nice going Mr. Montgomery. Take a bow William Giles.

And what of the Phillies' “mysterious owners” as the bankrupt Philadelphia “news” papers, the Inquirer and Daily News, have sometimes referred to them? 

Well, have you ever heard of GlaxoSmithKline? Yes, Glaxo, the world's largest pharmaceutical corporation. The “Buck brothers” James Mahlon Buck Jr., William C. Buck, and Alexander K. Buck were born heirs to the SmithKline pharmaceutical company, which has since been merged with Glaxo to form the corporate pharmaceutical version of Exxon.

James Mahlon Buck Jr. is believed to be the shot caller among the brothers, and it is the Glaxo bucks that control the Phillies, the MLB team with the wealthiest ownership group. James Mahlon Buck Jr. is also a “venture capitalist”, running his own firm called T.D.H. Capital Corp. Through T.D.H. Capital Corp, James Mahlon Buck Jr. provided the start-up capital that created the ESPN cable TV network before it was bought by ABC Inc. James Mahlon Buck Jr. also funded the creation of STAPLES stores and AIRGAS.

Then we have 90 plus year old Claire Betz, who inherited nearly a billion dollars when her husband -the founder of Betz Laboratories (a water purifying company sold to General Electric)- passed away. That was twenty years ago so her fortune even if she invested it all in two percent interest accounts that compounded the interest would raise her net worth to at least one and half billion by now.

Earlier this decade this seemed to be the proper order of things. Now I see with further research that it is not. The other player in the Phillies ownership group, John S. Middleton, now dwarfs Claire Betz in wealth. I once winced at noting that Middleton owned a cigar company. I had no idea how valuable it was. The Altria Group, apart of Philip Morris, in 2007 paid John S. Middleton $2.9 billion for this Middleton family business that was founded in Philadelphia in the year 1856.  And that's not all he owns. He also owns Macintosh Inns and a mysterious “management services” company called Bradford Holdings Inc.

Middleton is a 1977 graduate of Amherst college and received an award from the school -Medal for Eminent Service- in 2004. The school has an entry for this on its Web site.

John S. Middleton also contributed $20,000 to the presidential campaign of John McCain. So when actor -and Mets fan- Tim Robbins after being stopped from throwing out a first ball exclaimed “I didn't know baseball was a Republican sport” really was in the dark if genuinely surprised. George Steinbrenner was pardoned by President Nixon. The Bushes are always a presence at Texas baseball games. George “9/11” Bush at Rangers games and his father -and former CIA Director- George Herbert Walker Bush at Astros games sitting next to Astros owner Drayton McLane Jr..

The Buck brothers also donate heavily to politicians who just happen to be Republican.

Some people in Philadelphia who watch this were surprised when the Phillies then hired Michael Stiles, a former US Attorney in Philadelphia to an executive position. Those people knew Stiles as having Democratic Party affiliations. What they missed was the CIA connection of Michael Stiles. Do a Google search for "Michael Stiles, Dominican Connection".

Tim Robbins was very warm when he made the remark about baseball being a “Republican sport”, but it's really a CIA sport. The CIA's nickname is 'The Company”. You can also look up Carl Lindner, former majority -now minority- owner of the Cincinnati Reds, former owner of the infamous Ocean Reef Country Club in Key Largo Florida where an airstrip and hanger on the grounds was determined by Florida Law Enforcement to have been extensively used to fly in huge shipments of cocaine, bank roller of Republican politicians like John McCain and Mitt Romney, and also with deep CIA connections going back to Honduras and Chiquita Banana company.

Philip H. Morse, part of the Red Sox ownership group, lent the CIA his private jet so they could kidnap an imam -Hassan Mustafa Osama Nasr- off the streets of Italy and “Rendition” him to Egypt to be tortured. Google “Philip H. Morse and CIA”.

Nor should we forget Mr. Republican Arte Moreno, owner of the Angels who mysteriously became a billionaire after Viacom for some undisclosed reason decided to give Mr. Moreno a billion dollars for his billboard renting business. Imagine becoming a billionaire by selling space on billboards. Tell people you're going to do that and they'll put you in a straightjacket.

But I digress. Heck we need a breather after all that. How about we all stand and sing God Bless America?

So how much is the net worth of the Phillies ownership? I would say that ten billion dollars is a conservative guess. Very conservative. No pun intended.

Contrary to a lot of uninformed opinion on the Web, the Phillies are partners with Comcast SportsNet. Their revenues from there do not stink, and they will certainly get a lot better in the near future.

A lot of idiots in the online Phillies fan base attacked me in the past for saying the Phillies played in a huge market they had all to themselves. These useful idiots -useful to Dave $$$ Montgomery- attacked me with false facts claiming that the Red Sox had a bigger market when in fact their market is five percent smaller than Philly. The $$$ stooges actually claimed areas of the Phillies market for the Orioles!

The Phillies home and away with the Orioles was scratched some years ago, no doubt because the Orioles were sick of enduring Camden Yards being full of Phillies fans who outnumbered Orioles fans five to one or more at every game there. It's not any better at Nats games. This might be why the Nats did what they did in signing Jayson Werth. The Phillies have moved their market so far south that Baltimore and Washington are Phillies territory.

Want to go on a fruitless Easter egg hunt? Go looking for a Mets cap or jersey anywhere that might be thought of as Phillies territory. Mets attendance is way down in a brand new park, the Phillies are sold out every game. WFAN in New York gets callers from Phillies rooters in October who admit that they are disgruntled Mets fans. WFAN hosts love the Phillies, and WFAN is the Mets station that broadcasts their games! Tens of thousands of Mets fans have joined the winning team and wear the red and white caps now. 

The sons of George got beaten out of Cliff Lee with their insulting offer that was south of Sabathia's. Why would Cliff Lee, a post-season stud, sign a deal for less than Sabathia who is a loser in October? Pull his pants down and you'll see Chase Utley's name tatooed on his fat rear end. And Sabathia got smashed against the Phillies when he wore a Brewers uniform in October as well.

If the Phillies owners were not so shy, not so limited in their outlook, they could be about to invade Manhattan and hang Phillies banners from the buildings on Broadway and Park Avenue. Another couple of offseasons by the sons of George like this one, and another couple of seasons by the Phillies resembling 2008 onward and it could happen.

The Yankees are in the Phillies cross-hairs.

Thursday, December 9, 2010

Deleted Post by ESPN Baseball Forums

The following is a post on the Phillies forums at ESPN that was deleted not once, not twice, but three times. The board monitoring at ESPN resembles something out of the history books of a toltolitarian state. Consequently I felt there was no other option but to begin this blog.


Phillies Solve Werth Problem

-- Philadelphia

Just a day after Jayson Werth found his American Dream, Ruben Amaro, the Phillies GM says he has found a solution.

"Our scouts and our organization were prepared for this day. We knew all along that we would never be able to re-sign Jayson Werth. He just was not willing to take our three year offer. We were willing to guarantee him a lifetime coaching job with the Williamsport Crosscutters after his playing days were over, but he decided to play ball with Scott Boras instead of us."

Phillies forums were full of posters praising Phillies management for showing fiscal responsibility, and Ruben Amaro returned the favor.

"I want to thank the true fans for standing up for us in our hour of need. There is one kook online who talks a good game about us drawing 700,000 more fans than the Red Sox, and the Red Sox spending all those millions more on their payroll, but the true fans understand that this is a business, and business is about the bucks, and the Phillies are owned by three Bucks, James Mahlon Buck Jr., William C  Buck and Alexander K Buck. And thanks to 3.8 million fans turning out we made a lot of bucks.”

So now that the Phillies are raising their ticket prices, and the price of hot dogs and beer, what can Phillies' fans expect as a replacement for Jayson Werth, the second best Phillies' outfielder in their 127 year history?

“Our scouts have been scouring this entire planet looking for a way to replace Werth, and our sharpest eyes in Alaska have found our man.”

And the answer is?

“Nobody has heard of Robert Coste, but our fans have long memories unlike those rich guys in Boston. They remember what an impact Chris Coste made here in Philly. And our scouts in Alaska have found his older brother Robert who played for the Mount McKinley Grizzles softball team this past summer and had a 1.232 OPS. Imagine that, a 1.232 OPS!”

Amaro was out of his seat actually screaming. The veins bulging from his neck.

“This guy can't miss! I'm telling you that Albert Pujols had better be ready the first week of April or he can kiss his MVP dreams goodbye!”   

Just then Dave Montgomery knocked on the door and popped his head in.

“Ruben, you didn't tell the press about our secret weapon did you?”

“I'm sorry Mr. Montgomery, but I couldn't hold back anymore. Our scouts worked so hard and this guy is such a talent, a real stud. And a Philly kind of guy too!”

“Ruben! We talked about this! Now everyone will know and it will spoil the surprise!”

“I'm sorry Mr. Montgomery, but that kook has been saying such bad things about you and I thought it was time to answer back and let everyone know how we're going to sweep whoever shows up to play us in the World Series because we did things the right way, not the Red Sox and Yankees way.”

Montgomery made a face, like he was about to forgive his own son then turned to make a statement for the record.

“What Ruben has said should not have been said at this time. However, it was said with the best of intentions, and I have to confirm that it's true. Robert Coste will take the baseball world by storm. Phillies fans are in for a treat!”

And then he was gone. The Wharton School wizard of dollars disappeared. No doubt to plan the next step in the dynasty known as the Phillies.

William Y. Giles
1755 N CEDAR LN
VILLANOVA PA 19085


James Mahlon Buck Jr.
121 ROSE Lane
HAVERFORD PA 19041


JOHN S MIDDLETON
343 AVON RD
BRYN MAWR, PA 19010

JOHN MIDDLETON INC
418 W CHURCH RD
KING OF PRUSSIA, PA 19406


William C  Buck
27O HOTHORPE LN
VILLANOVA, PA 19085


Alexander K Buck
4535 PROVINCE LINE RD 

PRINCETON, NJ 08540 


 


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