Frank McCourt has a "slush fund," secret partners and pays his kids to do nothing

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John Weinbach of FanHouse reports some more unseemliness from the land of Frank McCourt and the Dodgers:

Over the past 18 months, the Los Angeles Dodgers paid nearly $4 million
in “consulting services” to [the John McCourt Company], an entity that
has done virtually nothing for the club, even as the team has made a
concerted effort to raise ticket prices, trim payroll and acquire
players on the cheap. Moreover, the club paid two of Frank and Jamie
McCourt’s adult sons large salaries — $400,000 and $200,000 per year,
respectively — for services that are undefined and could not be
described by either Frank or Jamie McCourt, according to court documents
filed in the couple’s divorce case.

Jamie McCourt’s attorneys call the John McCourt company a “slush fund” which Frank uses to hide money.  My guess is that she’s less critical of the big salaries her kids make for apparently do-nothing jobs.

In addition, there are apparently two limited partners in the Dodgers — guys no one ever knew about, but who provided considerable funds to the McCourts to buy the team — whose debt gets converted into “sizable equity” in the team if the McCourts default on the loans.

On the one hand this is shocking — and Josh Fisher does his excellent-as-usual job breaking down all of the implications, complete with an apt comparison to the Texas Rangers, who are poster children for what happens when good teams go into bad debts like the McCourts seem to have done.

On the other hand, I would not be at all shocked if multiple teams in Major League Baseball operated in just the same way, complete with family jobs, slush funds, silent partners and all manner of vehicles which, either intentionally or by happy accident, work to conceal the amount of cash a baseball team really earns and where its money is spent.  Baseball teams are almost all purely private companies, most of which are family owned. Despite their antitrust exemption and all of the tax money they consume in the form of public stadiums and the like, we know just as much about their operations as we do the corner gyro shop, and that’s just the way they like it.

The only difference here: we have a divorce case in which these machinations are laid bare.  And however distressing it is for Dodgers fans to see where all the money that should be going towards starting pitching is going, these revelations are educational and useful.

Report: Marlins intent on adding a big-three reliever

CHICAGO, IL - JULY 28:  Aroldis Chapman #54 of the Chicago Cubs pitches in the 9th inning against the Chicago Cubs at Wrigley Field on July 28, 2016 in Chicago, Illinois. The Cubs defeated the White Sox 3-1.  (Photo by Jonathan Daniel/Getty Images)
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The Marlins are intent on adding one of the three best relievers available on the free agent market, Jon Heyman of FanRag Sports reports. Those three, of course, are Aroldis Chapman, Kenley Jansen, and Mark Melancon.

As Ashley noted earlier, Melancon is reportedly fielding multiple four-year offers in excess of $60 million. The price tags for Chapman and Jansen are likely to match or exceed that. The Marlins haven’t typically been eager to whip out the checkbook for free agents but with the bullpen being the name of the game in baseball these days, GM Michael Hill may feel the need to match his rivals.

The Nationals, Giants, Yankees, Cubs, and Dodgers are the teams most often linked to the “big-three” group of relievers, so it won’t be easy for the Marlins.

A.J. Ramos handled the closer’s role for the Marlins this past season and did an admirable job, saving 40 games with a 2.81 ERA and a 73/35 K/BB ratio in 64 innings. There’s no doubt, though, that Chapman, Jansen, or Melancon would represent a significant upgrade in the ninth inning.

Bryan Price likely to use Raisel Iglesias, Tony Cingrani, and Michael Lorenzen in closer’s role

Cincinnati Reds starting pitcher Raisel Iglesias throws in the first inning of their opening day baseball game against the Philadelphia Phillies, Monday, April 4, 2016, in Cincinnati. (AP Photo/John Minchillo)
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C. Trent Rosecrans of the Cincinnati Enquirer reports that Reds manager Bryan Price is likely going to use a trio of pitchers in the closer’s role: Raisel Iglesias, Tony Cingrani, and Michael Lorenzen. At RedsFest on Saturday, Price said:

I’d say right now that we have a series of guys that I’m comfortable with in the ninth inning and that would include (Raisel) Iglesias, (Tony) Cingrani and (Michael Lorenzen). Should we stay with this format – which I intend to do – all three of those guys and maybe more could have opportunities in save situations. At this point in time, there’s no defined closer. There are multiple options and I’d like to stick with the philosophy that we’re going to have our multi-inning guys, so we’re going to need multi-closers.

This seems to be part of the new bullpen zeitgeist in which managers are shying away from strictly-defined roles for their relievers. Indians manager Terry Francona’s postseason success using Andrew Miller likely had some degree of influence on Price’s willingness to go with a three-headed giant.

Iglesias started the 2016 season in the Reds’ rotation but missed two months with an injury, then moved to the bullpen in late June. Price put him in the closer’s role down the stretch in September. The right-hander overall finished the season with a 2.53 ERA and an 83/26 K/BB ratio in 78 1/3 innings.

Cingrani battled control issues in his 63 innings of work this past season, finishing with a 4.14 ERA and a 49/37 K/BB ratio. He’s left-handed, though, and gives Price some matchup flexibility in the late innings.

Lorenzen impressed in his first full season as a reliever, ending the year with a 2.88 ERA and a 48/13 K/BB ratio in 50 innings. The right-hander uses a fastball that sits around 96 MPH on average along with a cutter and slider.