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?
CC Sabathia‘s contract with the Yankees expires after the 2017 season but the lefty feels that he has enough left in the tank to pitch in 2018 and beyond, Mark Feinsand of the New York Daily News reports.
Sabathia said, “I just know myself. I know I feel like it’s not my time yet. Barring any crazy injuries I know I can pitch past next year. I feel like this is just the beginning of what I’m trying to do. I feel like there’s a lot more still to learn and a lot better to get. It’s exciting.”
The 36-year-old lefty currently holds a 4.02 ERA and a 144/63 K/BB ratio in 172 1/3 innings. It’s his best and healthiest season since 2012. He battled a knee injury last season and checked into rehab for alcohol addiction last October. Sabathia said that being treated for his addiction put him “in a good spot.”
Sabathia is owed $25 million through a vesting option for the 2017 season.
The Red Sox can thank the Orioles for not having to fight to clinch the division on Thursday or later. The Orioles came from behind to defeat the Blue Jays 3-2 on Wednesday evening, clinching the AL East for the Red Sox.
A few minutes after that game went final, the Red Sox squandered a 3-0 lead taken in the eighth inning, culminating in a walk-off grand slam by Mark Teixeira in the bottom of the ninth inning. Closer Craig Kimbrel started the ninth, but didn’t have control over any of his pitches. He allowed a leadoff single followed by three consecutive walks to force in a run. Joe Kelly relieved Kimbrel and seemed to be close to wriggling out of the jam, getting Starlin Castro to strike out looking and Didi Gregorius to pop up. But after starting Teixeira with a first-pitch curve ball for a strike, Teixera clobbered a 99 MPH fastball, sending it over the fence in right-center to end the game.
For the Yankees, the come-from-behind victory was crucial as it staved off Wild Card elimination for one more day.
This is the first time the Red Sox have clinched the AL East since 2013, also the last year they won the World Series.