The Dodgers' owners are splitting up

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This is the sort of thing that can cause a team serious trouble:

Dodgers owner Frank McCourt and his wife Jamie, the team’s chief executive, have separated, raising questions about the potential effect of their rift on the ownership of the franchise as the Dodgers prepare to start the National League Championship Series against the Philadelphia Phillies today at Dodger Stadium.

“This is a personal matter and they request that their privacy be respected. They will be making no public statements,” they said in a release issued by the club late Wednesday.

Trouble, because when a divorcing couple owns an asset valued at $722 million, in a community property state like California, there are two options: (1) one of the owners buys out the other’s share; or (2) they sell the asset and split the proceeds.

According to the article, major league officials do not believe either spouse could afford to buy out the other and still maintain a financial reserve sufficient to run the club without taking on financial partners. Sure, there is a reference in the article to the possibility of a prenup, which could short-circuit all of this, but it’s not like the McCourts were married yesterday.  They got married in 1979, and back then Frank McCourt was merely the owner of a two year-old parking lot development company. In light of that, it strains credulity that there’s a prenup in place that covers the hundreds of millions of dollars the McCourt family has earned over the past three decades, especially given the fact that Jamie McCourt — the Dodgers’ current CEO — appears to have played a much more active role in Frank McCourt’s businesses than most spouses do. And even if it arguably does, a court’s skepticism and disregard for a given prenup increase the longer a given marriage lasted.  Thirty years is a long time as far as these things go. Any prenup the McCourt’s have could conceivably be ignored.

We saw this dynamic play out in San Diego over the past year, where Padres’ owner John Moores — rich, but not in possession of all the much in the way of liquid assets — had to slash payroll and then enter into some farkakte, slow-motion sale of the team to Jeff Moorad.  It’s a situation that will, in all likelihood, serve to hamstring the Padres for several years.  Will such a thing happen in L.A.?  Frank McCourt’s lawyer is quoted in the article saying no, but then again, he’s Frank McCourt’s lawyer so he’s going to say stuff like that.  The fact of the matter is that given Jamie McCourt’s job with the team, the breakup will no doubt will cause some level of disruption even if the financial repercussions are somehow sorted out, and like I said, the chance of that happening with no drama is pretty low.

The biggest question arising all of this, however, is why the McCourts are announcing this now (this came via a Dodgers’ official statement).  The team starts the NLCS tonight and you’d think that the owners would want nothing short of 100% positive juju right now.  One possibility?  They’re just bad at P.R.  A more plausible possibility: some reporter was about to break the news on this in a way the McCourts don’t like — say, with some unflattering or even ugly details — and they wanted to get out in front of it.

Either way, this is shaping up to be a pretty damn momentous week in Dodgerland.

Marc Anthony gets into the agent business, signs Aroldis Chapman

Aroldis Chapman

There is a somewhat mixed history of entertainers and musicians getting into the sports agent business. Sometimes it works out (Jay-Z has done OK). Sometimes it doesn’t (Master P says “Hi”).

Add another one to the list. A pretty big one. Ken Rosenthal reports that Marc Anthony’s Magnus Media is getting into sports. And the company, Magnus Sports, just signed a new client: Reds closer Aroldis Chapman. From Rosenthal:

The company said in a news release that it will team with a baseball agency, Praver Shapiro Sports Management — and that the group’s first major client will be Reds closer Aroldis Chapman.

Praver Shapiro represents a number of Latin players, including Marlinsshortstop Adeiny Hechavarria, Cubs right fielder Jorge Soler, Reds pitcherRaisel Iglesias and free-agent third baseman Juan Uribe.

Chapman is on the trading block right now but 2016 is his walk year, and barring injury he’ll due for perhaps the biggest payday a closer has ever seen. Whether he’ll actually get it depends on the negotiating skills of the biggest salsa artist the world has ever seen.

Gentlemen: you have a year to get some song title pun/headlines ready.

Orioles interested in Denard Span

Denard Span
AP Photo/Alex Brandon
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MASN’s Roch Kubatko is reporting that the Orioles have “some level” of interest in free agent outfielder Denard Span. The Nationals did not make a $15.8 million qualifying offer to Span, which means he doesn’t come attached with draft pick compensation unlike other free agents such as Alex Gordon and Dexter Fowler.

Span, who turns 32 in February, hit a solid .301/.365/.431 with five home runs, 22 RBI, 38 runs scored, and 11 stolen bases, but took only 275 plate appearances due to back and hip injuries. He underwent season-ending hip surgery in September but is expected to be ready to participate in spring training.

The Mets and Royals have also reportedly shown interest in Span’s services.

Blue Jays showing interest in Ryan Madson

Ryan Madson
AP Photo/Orlin Wagner

ESPN’s Jerry Crasnick reports that the Blue Jays are on the prowl for relievers with closing experience. Ryan Madson is one of the names on their list.

Madson, 35, had a career rebirth with the Royals in 2015. He signed a minor league deal with the club that paid him a salary of $850,000 if he made it back to the majors. Due to a plethora of arm injuries, Madson hadn’t pitched in the majors since Game 5 of the 2011 NLDS against the Cardinals as a member of the Phillies. For the Royals, he wound up becoming a crucial member of the bullpen, finishing with a 2.13 ERA and a 58/14 K/BB ratio over 63 1/3 innings.

While Madson allowed five runs in 8 1/3 post-season innings, he pitched well when it mattered most, as he hurled three scoreless frames in three appearances in the World Series against the Mets.

Madson has closing experience, with 55 career saves. 32 of them came in 2011 when he took over the closer’s role from Brad Lidge.

After signing Marco Estrada and J.A. Happ, and trading for Jesse Chavez, the Jays have bolstered their rotation but it was reported on Saturday that interim GM Tony LaCava is still focused on upgrading the pitching staff.

Trevor Cahill considering the Pirates as a potential destination

Trevor Cahill
AP Photo/Paul Beaty

ESPN’s Buster Olney reports that free agent pitcher Trevor Cahill is looking for a one-year, bounce-back deal. The Pirates are one of the potential teams he is considering.

It’s no surprise that the Pirates are on Cahill’s list. Pirates pitching coach Ray Searage has garnered a reputation as a miracle worker after turning around the careers of a handful of pitchers, including Edinson Volquez, Francisco Liriano, and J.A. Happ. Volquez parlayed a one-year, $5 million deal with the Pirates into a two-year, $20 million deal with the Royals last December. Liriano signed with the Pirates on a one-year, $1 million contract and turned that into a three-year, $39 million deal. Happ, dealt to the Pirates from the Mariners at the most recent trade deadline, just signed a three-year, $39 million contract with the Blue Jays.

Cahill, once a highly-regarded pitching prospect, has scuffled over parts of seven seasons in the majors. The 27-year-old owns a career 4.13 ERA with a 754/427 K/BB ratio in 1,083 2/3 innings. Cahill had some brief success after signing with the Cubs as a free agent in mid-August, compiling a 2.12 ERA in 11 appearances out of the bullpen.