Frank McCourt takes a $30 million loan from FOX in order to meet payroll


FOX used to own the Dodgers. At this rate, they’re going to own them again someday soon:

Frank McCourt took a $30-million loan this week from Fox to meet the Dodgers’ payroll obligations, according to three people briefed on the arrangement. The arrangement is expected to cover the Dodgers’ expenses into next month … The loan marks the second time since the end of last season that Fox has provided money to the Dodgers’ owner so he could cover expenses. The loan was furnished to McCourt personally rather than to the Dodgers, according to the people briefed on the deal.

And because it was a personal loan, it did not require the approval of Major League Baseball.  Baseball is still mulling, however, whether it will allow McCourt to settle his legal problems by taking a big chunk of cash from a new TV right deal for Dodgers telecasts on FOX and diverting it to Jamie McCourt and whoever the hell else Frank owes money too.

If I’m Bud, I wait this out. If he’s taking month-to-month personal loans to cover payroll, Frank is going to go bankrupt very soon and he’ll be forced to sell the Dodgers like Tom Hicks did. Sure, it may not be fabulous to have a marquee franchise in bankruptcy court, but as the Rangers showed, the process is survivable. And, once free from McCourt, the Dodgers could easily become a lucrative property once again.

Jharel Cotton to undergo Tommy John surgery

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Athletics right-hander Jharel Cotton will undergo Tommy John surgery, per an announcement on Saturday. Cotton initially experienced some elbow soreness during a Cactus League start earlier this week and was officially diagnosed with a strained ulnar collateral ligament and strained flexor muscle on Thursday. He’ll be out of commission until 2019 at the earliest.

This isn’t the first time Cotton has dealt with elbow issues. According to’s Jane Lee, he had screws inserted in his right elbow after sustaining a stress fracture in 2013 and suffered some minor elbow discomfort again last fall. Prior to his diagnosis, the 26-year-old was poised for his third run with the A’s in 2018. He pitched his first full season with the club in 2017, turning in a 5.58 ERA, 3.7 BB/9 and 7.3 SO/9 in 24 starts and 129 innings.

Susan Slusser of the San Francisco Chronicle adds that the team is open to adding pitching depth this spring, though they’ll wait to see if the price goes down on some free agents first. Barring that, right-handed long reliever Andrew Triggs could be tabbed to fill the fifth spot in the rotation.