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.
The magic number to clinch a wild card spot is still 1, but the Mets have at least secured a wild card tie after defeating the Phillies 5-1 on Friday night.
Jay Bruce powered the offensive drive, going 3-for-4 with a pair of RBI singles and his 33rd home run of the season, ripped from an Alec Asher fastball in the seventh inning. On the mound, right-hander Robert Gsellman limited the Phillies to seven hits and one run over six frames, striking out seven batters in his eighth appearance of the year. Behind him, a cadre of Mets relievers turned out three scoreless innings to preserve the lead and anchor the Mets in the wild card standings.
The Cardinals aren’t out of the race quite yet, and can still force a tiebreaker with the Mets if they manage to win the remainder of their games this weekend and the Mets lose the rest of theirs. Any other scenario will ensure the Mets’ exclusive rights to a wild card spot next week. While a wild card clinch is unlikely to happen tonight, with St. Louis leading Pittsburgh 7-0 through 7.5 innings and just entering a rain delay, it remains a distinct possibility over these next two days.
In a season that boasts the likes of Max Scherzer (he of the 20-strikeout masterpiece) and Clayton Kershaw (he of nine separate games with at least 10 strikeouts), there hasn’t been anyone who’s done exactly what Carlos Rodon did this week.
During Friday’s series opener against the Twins, Rodon retired seven consecutive batters via strikeout. His streak — and the beginnings of a perfect game, if you can call it that after just 2 ⅓ frames — ended on a Logan Schafer double that found right field well before Rodon managed to put up two strikes. With seven consecutive strikeouts, Rodon became the first American League pitcher to strike out seven batters to start a game since right-hander Joe Cowley did it for the Sox back in 1986. Had Schafer whiffed on a couple more fastballs, Rodon would have tied Mets’ starter Jacob deGrom for most strikeouts to start a game in major league history.
Not only did Rodon manage to quell the first seven batters in Minnesota’s lineup, but he extended his strikeout streak to 10 consecutive batters dating back through his last start against the Cleveland Indians. Per MLB.com’s Rhett Bollinger, the last major league pitcher to do so was reliever Eric Gagne, who accomplished the feat for the 2003 Dodgers during his first and only Cy Young Award-winning season.
Any way you slice it, this is an impressive look: