Bud gives Frank McCourt the high hat on FOX TV money

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Frank McCourt needs money to keep the Dodgers running. Fox wants to loan it to him, with the team’s TV rights as collateral. Bill Shaikin reports, however, that Bud Selig has rejected a proposal under which FOX would have loaned $200 million to Dodgers in a deal that would have met both of the parties’ objectives.

On one level you want to feel bad for McCourt. He has something of value: the rights to broadcast Dodgers games.  He has someone willing to give him money for it: FOX.  But Bud says no. He says no even though he’s certainly willing to let Fred Wilpon leverage his TV Network — the most valuable property of which is baseball rights — in order to get out from under his Wilpon mess.

The difference, I think, is that Frank McCourt has lost all credibility when it comes to taking on debt. Why would you let him mortgage anything else? Especially when, if he defaults, it will result in a TV network getting the rights to broadcast baseball games at bargain basement rates.

We’ve talked more about the Wilpons lately, but I think Frank McCourt is in more trouble.  At least the Wilpons have some assets they could sell to raise cash.  McCourt put everything in hock even when times were good, leaving nothing of value now.  And now he’s stuck.

Justin Turner and Chris Taylor named co-MVPs of NLCS

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Dodgers third baseman Justin Turner and SS/CF Chris Taylor have been named co-MVPs of the NLCS, J.P. Hoornstra of the Southern California News Group reports.

Turner hit .333/.478/.667 with four singles, two home runs, and five walks across 23 plate appearances in the NLCS. He hit a walk-off three-run home run off of John Lackey in the ninth inning to win Game 2 for the Dodgers.

Taylor hit .316/.458/.789 with two singles, a double, a triple, two home runs, and five walks in 24 NLCS plate appearances. He hit a go-ahead solo home run in Game 1. He hit another go-ahead solo homer in Game 3 and later added an RBI triple.