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Michael Gartner, former WSJ page-one editor, sells Iowa Cubs, gives proceeds to staff

Posted on 1/2/22 at 11:42 am
Posted by hikingfan
Member since Jun 2013
1659 posts
Posted on 1/2/22 at 11:42 am
quote:

On his final day as principal owner of the Iowa Cubs, Michael Gartner surprised his staff with an unforgettable goodbye gift.

He shared profits from the sale of the Des Moines-based minor-league baseball team with all 23 of the club’s full-time employees.

Gartner didn’t reveal his intentions until Tuesday evening during a staff-wide gathering inside a ballpark lounge overlooking left field. As some employees scarfed down hot dogs and sipped beer and others watched from afar via Zoom, Gartner punctuated an emotional farewell speech by unveiling a stack of envelopes.

“Here are your new business cards,” Gartner joked.

“Everyone knew something was up because of the way he said it,” Alex Cohen, the team’s lead broadcaster, said.

What was actually inside those envelopes were checks worth a total of approximately $600,000, general manager and minority owner Sam Bernabe told Yahoo Sports. Gartner, Bernabe and the other three members of the team’s ownership group determined how much each full-time staffer received based on how long he or she had worked for the Chicago Cubs Triple-A affiliate.

The generous gifts unleashed a flood of emotion from the recipients. The team’s longest-tenured employee had tears rolling down his cheeks. Everyone from marketing managers, to stadium operations workers, to the janitorial staff struggled to find words to thank Gartner and his partners.

LINK
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119199 posts
Posted on 1/2/22 at 11:44 am to
CSB
Posted by DemSaintsDoh
Shreveport, LA
Member since Jan 2014
1132 posts
Posted on 1/2/22 at 11:47 am to
It definitely is a cool story, bro. And you’re a dick.
Posted by Lou
Modesto, CA
Member since Aug 2005
8286 posts
Posted on 1/2/22 at 11:48 am to
That's a good story, thanks for sharing that. There's a lot of good in this world - far more good than bad.
Posted by chryso
Baton Rouge
Member since Jul 2008
11880 posts
Posted on 1/2/22 at 11:48 am to
Profits != Proceeds
Posted by Meauxjeaux
98836 posts including my alters
Member since Jun 2005
39961 posts
Posted on 1/2/22 at 1:02 pm to
quote:

Gartner, Bernabe and the other three members of the team’s ownership group determined how much each full-time staffer received based on how long he or she had worked for the Chicago Cubs Triple-A affiliate.


They didnt give everyone the same amount? frick that.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119199 posts
Posted on 1/2/22 at 1:15 pm to
quote:

It definitely is a cool story, bro. And you’re a dick.
Posted by lsuwins3
Member since Nov 2008
1621 posts
Posted on 1/2/22 at 1:22 pm to
“They didnt give everyone the same amount? frick that.”

So the person who worked there a month should get the same as the person who had been there 20 years and helped build it? Oh, I forgot we can’t hurt anyone’s feelings.

Works out to just over $26,086 if divided equally before taxes.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18671 posts
Posted on 1/2/22 at 1:27 pm to
He is still a giant piece of shite. Look at his history. He is a unprincipled liar.
Posted by Stexas
SWLA
Member since May 2013
6008 posts
Posted on 1/2/22 at 11:09 pm to
quote:

So the person who worked there a month should get the same as the person who had been there 20 years and helped build it? Oh, I forgot we can’t hurt anyone’s feelings.


Jesus’s parable about the generous land owner comes to mind.
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