Remember how Frank McCourt, upon buying the Dodgers, split the team’s assets up into multiple different businesses and holding companies and things? Yeah, that couldn’t even lead to a depressing outcome. Bill Shaikin:
When McCourt bought the Dodgers in 2004, the purchase included the team, Dodger Stadium and the surrounding parking lots. He has since divided those assets among separate companies, providing the embattled Dodgers owner with a possible claim to the stadium and the land even if he loses the team … In theory, McCourt could sell the Dodgers, then make more money from renting the stadium to the new owner, taking a cut of parking revenue and reaping the benefits of future development within the parking lots.
This reminds me of Wayne Huizenga and the Florida Marlins. Whereas McCourt has screwed up the Dodgers via ineptitude, Huizenga just burned the Marlins down following their 1997 World Series championship. Then, after selling the team, he held on to huge chunks of team parking and concession revenues because those things were separate from the ballclub itself. And there was (Is? Does Wayne still have this stuff?) nothing more depressing to Marlins fans than knowing that the guy who destroyed a championship team was making more money off the Marlins than the Marlins were.
Unlike Florida, however, there could be obstacles to McCourt serving as the Dodgers’ landlord. For one thing his ex-wife will claim a stake in all of those ancillary interests, so she will either have to be bought out of them or else will they will have to be sold, with the most likely bidder being whoever ends up buying the team (and anyone who wants the club will almost certainly want the stadium too).
Shaikin also suggests that Major League Baseball could say something about it, but it’s not quite clear to me how that’s possible given that their rules apparently don’t prohibit busting up team assets like that and their authority seems to extend to management of the club, not management of the owners’ assets.
My hope is that McCourt can’t hold onto the ballpark and parking lots because he’s too leveraged to do so. Given his track record, it’s probably a reasonable hope.
Pirates minor leaguers Gift Ngoepe and Dovydas Neverauskas (pictured) were arrested on Sunday morning in Toledo, Ohio after a bar brawl, Rob Biertempfel of the Pittsburgh Tribune-Review reports, citing documents provided by the Toledo Municipal Court.
Ngoepe was charged with one count of simple assault and two counts of resisting arrest. Neverauskas was charged with two outs of resisting arrest and one count of misconduct. Tigers minor leaguer Warwick Saupold was involved as well and was arrested for simple assault.
Saupold allegedly punched Andrey Goncharuk (not a player for either teams’ affiliates) in the face outside of the Bronze Boar bar, which is across from the Toledo Mud Hens’ ballpark. Ngoepe allegedly wrapped his arms around the police officer who was attempting to arrest Saupold. Ngoepe allegedly twisted free from the officer and walked away. Neverauskas allegedly interfered with an officer and yelled, “What are you going to do, shoot me?” after being ordered to stand on the sidewalk.
Ngoepe, 26, is in his second season with Triple-A Indianapolis. The shortstop has put up a meager .644 OPS in 373 plate appearances.
Neverauskas, 23, was promoted to Indianapolis in mid-June. In 25 relief appearances, he posted a 3.60 ERA with a 24/11 K/BB ratio in 30 innings. The right-hander, who appeared in the 2016 Futures Game last month, is rated as the Pirates’ 25th-best prospect according to MLB Pipeline.
Saupold, 26, has appeared briefly in the majors for the Tigers this season, yielding eight runs on 17 hits and three walks with 10 strikeouts in 9 2/3 innings. He made five appearances from May 14 to 31 and one more on August 12 before returning to Triple-A Toledo.
Jon Heyman of Today’s Knuckleball reports that Dodgers outfielder Yasiel Puig has been claimed on waivers by an as-yet unknown team. The Dodgers can now attempt to work out a trade with the claiming team, or simply give that team Puig. In that case, the claiming team would assume the responsibility for the remainder of Puig’s seven-year, $42 million contract, which has two years and $14 million left. The Dodgers can also pull him back from waivers if they can’t work out a deal, but that would mean Puig would be ineligible to be traded for the rest of the season.
August 31 is the deadline for teams to acquire players on waivers and still have them become eligible for the postseason roster.
Puig’s relationship with the Dodgers has hit the skids as of late. He’s had a letdown of a season both in terms of injuries and production. In 303 plate appearances, he has a .260/.320/.386 triple-slash line with seven home runs and 34 RBI.
The Dodgers demoted him to Triple-A Oklahoma City in early August. Shortly after arriving, Puig celebrated a win with his teammates that included some profane language and was broadcast on Snapchat. The Dodgers were not very happy about that. Since then, the Dodgers were reportedly “trying to give away Puig” but didn’t find a taker.