Because the Dodgers situation isn’t complicated enough, it’s probably time to throw bankruptcy into the mix:
Major League Baseball is preparing for the possibility that Frank McCourt might take the Dodgers into bankruptcy court before the league could strip him of the team … The league is “looking hard” at that option, said a personal familiar with the matter but not authorized to comment publicly because of the potential for litigation.
In the article, Bill Shaikin talks to some bankruptcy experts who talk about what that could mean for MLB’s assumption of control over the team, Frank McCourt’s ownership interest and all of that. There’s not much in the way of consensus unless you count “man, this would really make things difficult” as a consensus.
With the all of the same “I know next to nothing about bankruptcy law” caveats I gave last year when the Rangers’ business was going down, it strikes me — and those quoted in Shaikin’s article — that a key inquiry in bankruptcy would be the Fox TV teal that McCourt claims is the key to the Dodgers well-being and which Major League Baseball is loathe to approve.
As far as that goes, I suppose it’s possible that a judge could say, yeah, that deal should happen. But (a) I’m not sure how an unconsummated deal can be an asset that a bankruptcy court could consider; and (b) even if it is, baseball could probably call a parade of experts to testify that the Dodgers could do way better on the TV side than what Fox is offering. And of course, Jamie McCourt has a stake here too, and nothing about her involvement would make this less, rather than more complicated.
All I keep telling myself here is that, however horrible this gets, at least it will forever serve as a lesson to Major League Baseball to not let litigious, greedy and cash poor nudnicks like the McCourts into the ownership club in the future.
Baseball is learning that lesson, right?
Jon Morosi hears that the Marlins are “willing to engage with other teams” on a possible Giancarlo Stanton trade.
As we noted yesterday, Stanton has cleared revocable waivers, so he’s eligible to be dealt to any club. The price for Stanton is likely to be high given that he’s enjoying a career year, batting .285/.376/.646 with a league-leading 44 home runs and 94 RBI in 116 games this season. He’s also, obviously, the cornerstone of the franchise.
You also have to assume that anyone looking to acquire Stanton would want the Marlins to chip in money on his $285 million contract. If not, someone might’ve simply claimed him on waivers with the hope that the Marlins would simply let him walk, right? Which suggests that any negotiation over Stanton would be a long and difficult one. It might also involve Stanton agreeing to restructure his deal, which currently gives him an opt-out after the 2020 season. That would likely involve the MLBPA as well, which just makes it all the more complicated.
I think it’s a long shot that the Marlins would trade Stanton in-season, but it’s not hard to imagine him being traded this winter.
Jered Weaver, a 12-year big league veteran and a three-time All-Star, has announced his retirement.
Weaver was struggling mightily with the Padres this year, going 0-5 in nine starts and posting a 7.44 ERA,, a 2.6 BB/9 and 4.9 K/9 ratio over 42.1 innings. He hadn’t posted a sub-4.00 ERA since 2014 and his velocity had, quite famously, sunk into the low 80s and even high 70s at times in recent seasons. A spate of physical setbacks contributed to that, with a hip inflammation ailing him this season and nerve issues in his neck and back afflicting him for the past few years.
But even if his recent seasons have been less-than-memorable, it’s worth remembering that he was, for a time, one of baseball’s best pitchers. He posted a record of 131-69 with a 3.28 ERA in his first 9 seasons, leading the American League in strikeouts in 2010 and leading the circuit in wins in 2012 and 2014. He likewise led the league in WHIP and hits allowed per nine innings in 2012.
He finishes his career with a record of 150-98, an ERA of 3.63 (ERA+ of 111) and a K/BB ratio of 1,621/551 in 2,067.1 innings. He pitched in four American League Division Series and the 2009 ALCS, posting a 2.67 ERA in seven playoff games pitched.
Happy trails, Jered. A first-ballot induction into the Hall of He Was Really Dang Good, Even if We Forgot About It For A While is in your future.