If Frank McCourt only misses the June 30th payroll by only $122,000, we know why! Jim Peltz and Bill Shaikin of the Los Angeles Times report:
Dodgers owner Frank McCourt repaid more than $100,000 to a team charity after the state attorney general found the funds had been used primarily for the benefit of the club’s former chief executive, Jamie McCourt.
McCourt paid that back in March. This payback is not to be confused with the money McCourt paid back in connection with the $400,000 the charity — the Dodger Dream Foundation — paid the Dodgers’ lobbyist Howard Sunkin in 2007. $400,000 from a charity whose total charitable assets were something less than $2 million at the time state authorities became aware of Sunkin’s payment. The Dodgers have another charity — a cancer charity — which has also seen excessive payments to executives, though it’s unclear what kind of scrutiny that has come under from state or federal officials.
And no, I would not be surprised if federal officials were paying attention to this on some level. When you’re dealing with charities, you’re dealing with tax deductible money. And the IRS cares if tax deductible money is going to executives for decidedly non-charitable purposes.
But by all means, Frank, introduce some “acrimonious and extreme litigation” into all of this so that this stuff can be discovered and scrutinized more.
We’re entering what is typically one of the slowest news weeks in the baseball calendar. Occasionally some big free agents sign around now. For example, it was 20 years ago today Andres Galarraga signed with the Braves, and I still remember being in an airport on the way home to visit my parents when I heard the news. I’m an old man.
The biggest news that is likely to happen this offseason is Giancarlo Stanton being traded. That hasn’t happened yet, but here are the latest bits of news on that:
Jon Morosi of MLB Network reports that the Cardinals have made a formal trade offer to the Marlins for Stanton. No word what they’re offering, but the clubs have been in discussion for some time and it has been reported that the Marlins are the most interested in doing a deal with St. Louis due to the prospects they could send to Miami. There is a sense, however, that Stanton would be hesitant to approve a trade to the Cardinals because he prefers to play on the West Coast;
The Giants play on the west coast, and over the weekend they were reported to be the “most aggressive team” in trade talks for Stanton at the moment. Ken Rosenthal reports that the Giants have likewise made an offer. Their farm system is nowhere near as stocked as that of the Cardinals, so it’s unclear whether they have the prospects to make Miami happy. They could, of course, eat a lot of Stanton’s $295 million contract to make up for that, of course, but (a) doing so would put them over the luxury tax; and (b) the Marlins no doubt want to spur a rebuild with a Stanton trade, so if they can’t get some blue chip prospects back in return, what’s the point?
UPDATE: Who knows if this is anywhere close to enough — I’m guessing not — but this is what the Giants reportedly have on the table:
Anyway, that’s where we are as we begin Thanksgiving week.