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.
ESPN’s Jerry Crasnick reported on Monday that the Angels have received inquiries from multiple teams concerning starter Hector Santiago. He adds that the club is willing to listen to offers. Jon Morosi of FOX Sports and MLB Network reports that the Marlins are among the teams that have inquired.
Santiago, 28, has pitched to a 4.32 ERA with 96 strikeouts and 47 walks in 110 1/3 innings. Sabermetric statistics such as FIP, xFIP, and SIERA think the lefty has pitched even worse than his ERA indicates however, pitting 2016 as his worst performance to date.
Santiago is earning $5 million this season and will enter his third and final year of arbitration eligibility going into 2017.
We also learned earlier that, in an effort to bolster their starting rotation, the Marlins have also shown interest in Wade Miley of the Mariners and Jeremy Hellickson of the Phillies.
The Rangers placed DH Prince Fielder on the disabled list last week due to more neck discomfort. On Friday, Fielder met with Dr. Drew Dossett, who performed spinal fusion surgery on Fielder in 2014 for a herniated disk in his neck. Dossett has recommended another procedure, so Fielder will undergo season-ending surgery this week, Jeff Wilson of the Fort-Worth Star Telegram reports.
Fielder was having a rough season, batting .212/.292/.334 with eight home runs and 44 RBI in 370 plate appearances. He played in only 42 games in 2014, but returned in 2015 looking more like his old self. Unfortunately, neck and back issues are notoriously difficult to fix. Hopefully, this upcoming procedure does the trick for Fielder.
Fielder is owed $24 million per season through 2020, with the Tigers paying $6 million of it per season.