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.
Bud Norris has found a home for his attempt at a bounceback season, signing a one-year deal with the Braves. Jon Heyman of CBSSports.com says it’s worth $2.5 million, which is a huge cut from his $8.8 million salary this year.
Norris had established himself as a solid mid-rotation starter from 2009-2014, but had a brutal 2015 season split between the Orioles and Padres with a 6.72 ERA in 83 innings and a late-season move to the bullpen.
In announcing the signing the Braves referred to Norris as a starting pitcher, so joining the rotation for a rebuilding team gives him a chance to get his career back on track with an eye on hitting the open market as a free agent again next offseason. And if he fares well, the Braves could use him to add a prospect or two at the trade deadline.
The number of people who, if you held a gun to their head, would say that “Rex Brothers” was a game show host and/or local TV news personality from the late 1970s or early 80s is not insignificant. But if you’re a Rockies fan or if spend all day thinking about baseball you know that he’s a reliever who has played in Colorado for the past five years. Now you know him as a reliever for the Cubs:
Brothers — a former Best Shape of His Life All-Star — was pretty good until he hit a brick wall in 2014 and spent most of 2015 in Triple-A. He had something of a bounceback after being called up when rosters expanded in September, but that’s not the sort of thing to excite anyone. He could be useful for the Cubs or just spring training cannon fodder and organizational depth.
Cabrera just turned 18 a couple of weeks ago and pitched a grand total of 14 games in the Dominican Summer League. He’s young and was a $250,000 signee from the Dominican as a 16-year-old so, by definition, he’s a project. Worth giving up Rex Brothers for him if you’re the Rockies, worth risking for some depth in the pen if you’re the Cubs.
Steve Gilbert of MLB.com reports that the Diamondbacks’ new hitting coach is Dave Magadan, who “parted ways” with the Rangers last month after three years filling the same role in Texas.
Magadan also previously was the Red Sox’s hitting coach and his teams have generally done pretty well, including the Rangers scoring the third-most runs in the league this year.
He’ll have plenty of talent to work with in Arizona, as the Diamondbacks scored the second-most runs in the league led by Paul Goldschmidt, A.J. Pollock, and David Peralta. Turner Ward, who had been Arizona’s hitting coach, chose to leave the team two weeks ago.
Jed Lowrie, who was traded from the Astros to the A’s in 2013 and then re-signed with the Astros as a free agent last offseason, has now been traded back to the A’s.
Lowrie got a three-year, $23 million deal from the Astros with the idea that he’d play shortstop in the first season and then move to another position whenever stud prospect Carlos Correa arrived. Instead he got hurt right away, Correa became an immediate star, and the Astros weren’t so keen on paying him $15 million over the next two seasons.
He could resume playing shortstop for the A’s, who watched rookie Marcus Semien make an absurd number of errors there this year. Lowrie hit .271 with a .738 OPS in two seasons in Oakland, which is similar to his career totals and makes him a solidly above-average offensive shortstop. There’s a decent chance the A’s will have a Lowrie-Lawrie double-play duo in 2016.
In return the Astros get minor leaguer Brendan McCurry, a 24-year-old right-hander who split 2015 between high Single-A and Double-A with a 1.86 ERA and 82/17 K/BB ratio in 63 relief innings. He was a 22nd-round draft pick in 2014 and doesn’t have exceptional raw stuff, but McCurry’s numbers are incredible so far.