Frank McCourt

Comparing and contrasting the Wilpon fooforaw and the McCourt arglebargle

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That’s what Bill Shaikin is up to over at the L.A. Times today.  At least comparing the possible solutions to it.

Shaikin notes that one possible outcome that is being discussed with the Mets is that the Wilpons would sell part of the team and maybe a stake in their television network SNY and use the money to pay off the bankruptcy trustee. Shaikin writes:

What that means is that Wilpon could sell a share in the Mets and/or SNY, the team-owned cable channel, to help finance a settlement, at $1 billion or something less. And what that means for baseball is that Wilpon would be diverting the money generated from any such sales to resolve litigation rather than to improve the team.

McCourt and his attorneys would find that extremely interesting.

Commissioner Bud Selig has so far resisted any deal in which Fox would pay McCourt a hefty sum in exchange for the Dodgers’ long-term broadcast rights. The logic: The money Fox would pay should go to improve the team, not to pay off an ex-wife in a divorce settlement.

Except I don’t see how these situations are similar. At all.  In the Wilpons case it would be selling an interest in the actual network that they own, not auctioning off the team’s broadcast rights for the purposes of settling litigation.  In the former case it’s the owners’ property being sold. In another it’s revenue that should, by all rights, inure to the benefit of the team itself, being diverted away from the team.  Frank McCourt doesn’t own FOX Sports.  His team sells the right to broadcast baseball games it plays.

A better analogy here would be if McCourt wanted to sell off his stamp collection or some other big parking lot he owns or something to pay off his wife.  I’m sure that Commissioner Selig would have no trouble with that.  I can totally see, however, why he’d differentiate between Wilpon using SNY sale proceeds to pay off the bankruptcy trustee and McCourt using the Dodgers’ broadcast rights to finance his divorce settlement.

So sorry Frank.  Your problem may not be as big as Fred Wilpon’s problem. But your universe of possible solutions is indeed smaller.

UPDATE: There’s a lengthy and quite critical update to this post here.

Report: Jeff Manship signs with NC Dinos

CLEVELAND, OH - NOVEMBER 01:  Jeff Manship #53 of the Cleveland Indians throws a pitch during the sixth inning against the Chicago Cubs in Game Six of the 2016 World Series at Progressive Field on November 1, 2016 in Cleveland, Ohio.  (Photo by Elsa/Getty Images)
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Free agent right-hander Jeff Manship has reportedly signed with the NC Dinos of the Korea Baseball Organization, according to FanRag Sports’ Jon Heyman. The righty was non-tendered by the Indians in December.

Manship, 32, completed his second season with Cleveland in 2016. He delivered a 3.12 ERA, 4.6 BB/9 and 7.5 SO/9 rate over 43 1/3 innings, a slight decline after posting an 0.92 ERA with the club the year before. During eight years in the major leagues, Manship carries a 4.82 career ERA, 3.6 BB/9 and 6.4 SO/9 in multiple stints with the Twins, Rockies, Phillies and Indians.

The right-hander will be joined by fellow MLB transplants Eric Hacker and Xavier Scruggs, each of whom took one-year deals with the Dinos last month. Steve Adams of MLB Trade Rumors notes that each KBO team is allowed up to three foreign players, so Manship will round out the trio when he joins the roster. Any salary terms have yet to be disclosed.

Matt Wieters could draw interest from Reds

BALTIMORE, MD - SEPTEMBER 15: Matt Wieters #32 of the Baltimore Orioles looks on against the Tampa Bay Rays at Oriole Park at Camden Yards on September 15, 2016 in Baltimore, Maryland. (Photo by Patrick Smith/Getty Images)
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With the Braves on the cusp of formalizing their one-year deal with Kurt Suzuki, the market for free agent catcher Matt Wieters is dwindling. ESPN’s Jerry Crasnick references an inside source that lists the Angels, Rockies and Reds as potential suitors for the 30-year-old’s services.

Wieters is coming off of an eight-year career with the Orioles. In 2016, he played through his first full year after undergoing Tommy John surgery in 2014 and batted .243/.302/.409 with 17 home runs and a .711 OPS in 464 PA. A return to Baltimore in 2017 isn’t out of the question, Crasnick writes, citing some within the team that would be open to Wieters stepping into a DH role and catching platoon with Wellington Castillo. However, he also points out that the front office appears divided on the veteran catcher, and sees the Orioles as a long shot for the foreseeable future.

The Angels have already been tied to Wieters this offseason, while the Rockies and Reds don’t appear to have made any formal inquiries so far. Both could use a veteran presence behind the dish, as the Rockies are planning to platoon rookie catcher Tom Murphy with 24-year-old Tony Wolters in the spring. The Reds, meanwhile, are banking on a quick recovery for 28-year-old Devin Mesoraco, who missed most of the 2016 season after undergoing shoulder and hip surgery and forced the club to rely almost exclusively on back-up backstop Tucker Barnhart.