Remember how Frank McCourt tried to sell off the Dodgers’ broadcasting rights to FOX in an effort to raise cash to save his ownership of the team? Yeah, it seems that, given that the Dodgers are community property, Jamie McCourt has an interest in all of that and a right to obtain any information she can about the would-be deal. And she’s exercising that right:
Frank McCourt has failed to protect the financial interests of his ex-wife, Jamie, in part by negotiating a “secret deal” with Fox that “would have endangered” the value of the Dodgers’ broadcast contracts, attorneys for Jamie McCourt alleged in a court filing Tuesday.
Her attorneys asked that Frank be ordered to provide to Jamie extensive financial information regarding the Dodgers’ business operations, including documents related to negotiations with television outlets and efforts to obtain additional financing for the cash-strapped franchise.
The court set a hearing for April 11.
The problem: what if the Dodgers could get way, way more money for their broadcasting rights by, say, starting their own cable network? Or selling to Comcast or some broadcast network at a higher rate? Wouldn’t that benefit the team and its beneficial owners — like Jamie McCourt — way more than some fire sale of TV rights to FOX? Of course it would. And Frank thus has an obligation to take such moves to Jamie and her lawyers to get their say-so. Doing it like he tried to do it could give a lady the impression that Frank was looking for quick cash without anyone knowing about it. Perish the thought!
In other news — as Dodger Divorce explains in great detail — all of this is going to cause Frank to have a magnifying glass shoved where the sun don’t shine. Financially speaking.
Update (7:01 PM EDT): David O’Brien of the Atlanta Journal-Constitution reports the deal has been completed.
ESPN’s Keith Law reported on Saturday evening that a bad contract swap involving the Braves’ Hector Olivera and the Padres’ Matt Kemp was “getting close.” Olivera has been pulled off the field, per Bob Nightengale of USA TODAY. Joel Sherman of the New York Post reports that only a last-second medical would kill the deal at this point, and that the Padres will be sending money to the Braves.
Kemp, 31, will have $64.5 million remaining on his contract through 2019 after this season, but the Dodgers will pay $3.5 million annually over those remaining three years, so the $64.5 million is really $54 million. The veteran has compiled a .262/.285/.489 triple-slash line with 23 home runs and 69 RBI in 431 plate appearances for the Padres this season.
Olivera, 31, will have $28.5 million remaining on his contract through 2020 after this season. The outfielder was handed an 82-game suspension, beginning on May 26, for his involvement in a domestic dispute on April 13. The suspension is up on August 2. He has a .501 OPS in 21 major league at-bats this season and a .278 OPS in 37 PA at Triple-A.
Dennis Lin of the San Diego Union-Tribune reports that the Padres will consider designating Olivera for assignment. The trade is all about the salary dump for the Padres, as they’d rather give outfield playing time to prospects Hunter Renfroe and Manuel Margot.
The Athletics and Royals swapped outfielders on Saturday. The Athletics sent Billy Burns to Kansas City and the Royals sent Brett Eibner to Oakland.
Burns, 26, doesn’t provide much in the way of offense, but he runs the bases well and plays solid defense. He was hitting .234/.270/.303 with 11 doubles, four triples, and 14 stolen bases in 274 plate appearances.
Eibner, 27, was batting .231/.286/.423 with three home runs and 10 RBI in 85 plate appearances. He has spent most of the season with Triple-A Omaha, where he’s put up a .902 OPS in 219 PA. Eibner played the outfield corners in the majors, but racked up a ton of time playing center in the minors, so his versatility will be valuable to the A’s.
Burns will become eligible for arbitration for the first time after the 2017 season while Eibner has hardly accrued any service time, which might explain part of the motivation behind the trade for the small-market Athletics.