The Dodgers have been turned down for additional credit multiple times

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Frank McCourt famously leveraged the Dodgers after purchasing them. Indeed, he saddled an asset he bought for $430 million with something like $433 million in debt. We knew that. His defense has always been, however, that the Dodgers are a cash cow and that there are tons of untapped revenue sources available. And that all may be true. But that’s not impressing lenders very much, reports Bill Shaikin of the L.A. Times:

McCourt was turned down at least three times — by Citibank, by a Chinese
investment group and by a Southern California infomercial king — in
trying to secure additional financing last year, according to documents
filed in the divorce case between him and his estranged wife, Jamie.

In a deposition, Dodgers Chief Financial Officer Peter Wilhelm said Citibank declined even to engage in serious negotiations.

“They did not feel that the Dodger organization had the capacity to take on more debt,” Wilhelm said.

Shaikin reports that the debt load “has limited how the Dodgers can pay their players and could affect the team’s ability to sign talent.”  Doesn’t seem like there’s any “could” about it, given that another of the story’s quoted sources says that every free penny the team pulls in goes towards debt service.

McCourt has said all along that his divorce hasn’t had a negative impact on the Dodgers baseball operations. Maybe he’s right!  It’s been everything about his management style prior to the divorce that was the real culprit.

The Mariners turned an odd triple play with the help of Evan Gattis

Streeter Lecka/Getty Images
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Astros DH Evan Gattis unwittingly helped the Mariners complete a triple play in the fourth inning of Thursday afternoon’s game at Safeco Field. The Astros put runners on first and second on consecutive singles by Jose Altuve and Carlos Correa, bringing Gattis to the plate.

Gattis check-swung at a first-pitch curve from Marco Gonzales, hitting a grounder to third base. Kyle Seager stepped on the third base bag and then threw to second base for the second out. There was not nearly enough time for Robinson Cano to get the throw to first base to complete a triple play. Gattis ostensibly lost track of the number of outs in the inning, so he just circled back to the dugout and the Mariners completed their triple play since Gattis went out of the baseline.

That’s the first triple play of the 2018 season. It’s the Mariners’ first triple play since July 26, 2015 against the Blue Jays.