Frank McCourt

The Dodgers file for bankruptcy

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A mere three days before the payroll comes due — payroll that Frank McCourt can’t meet — the Dodgers have filed for bankruptcy, reports Richard Sandomir. With that, the legal game begins.

Obviously the situation is fluid, and more details will stream in as the morning and day progresses, but for the time being, this could buy McCourt some time. Why? because a bankruptcy filing puts a halt on all legal action with respect to the bankruptcy estate (i.e. the Dodgers).  McCourt will certainly argue that this will prevent a takeover from Major League Baseball, though the court may decide differently when it gets a chance to weigh in, likely in the next few days.

The problem for McCourt is that the kind of bankruptcy the Dodgers have certainly filed is designed to reorganize the financial house.  Frank McCourt, however, does not have a plan available to him to do such a thing or else he would have already done it.  The filing isn’t yet circulating (UPDATE: here it is) but my guess is that he’s going to ask the court to order that the Fox TV deal be executed — assuming Fox wants to still do it, which it has been reported it may not — thereby providing funding.

The problem with that, of course, is that the bankruptcy court won’t approve of anything that is not seen as in the best interests of the Dodgers the Dodgers’ creditors,* it’s obvious that Major League Baseball and others would come in and make a strong case that the Fox deal is not the best deal they could make.

If McCourt can do no better, the court may very well order a sale of the team. Perhaps auctioning it off, Texas Rangers-style. Which, by the way, would also put Major League Baseball in the same position it was in with respect to the Rangers: less-able to control who owns the team than it would otherwise be.  Mark Cuban bid on the Rangers, after all. If his or some other non-chosen person’s money looked green to the bankruptcy court in such a scenario, Bud Selig would be hard-pressed to stop them from participating in a team auction.

But let us not get ahead of ourselves. For now, we simply have Frank McCourt where he was inevitably headed: bankruptcy court. And some time has been bought. A little anyway. The end game for McCourt, however, doesn’t look all that better than it did before.

*As always, remember that I am kind of a moron, at least as far as lawyers go, when it comes to bankruptcy. We have a lot of people familiar with bankruptcy law who hang out in the comments, however, so by all means, explore them a bit if the subject interests you. I’ll do my best to update with better information when I screw up.

Billy Butler on altercation with Danny Valencia: “We had equal faults in this.”

OAKLAND, CA - JULY 24: Billy Butler #16 of the Oakland Athletics celebrates a solo homerun in the bottom of the eighth inning to regain the lead against the Tampa Bay Rays at the Oakland-Alameda Coliseum on July 24, 2016 in Oakland, California.  (Photo by Don Feria/Getty Images)
Don Feria/Getty Images
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On Friday, Athletics teammates Billy Butler and Danny Valencia were involved in a clubhouse altercation that started when Butler told an equipment representative that Valencia was wearing off-brand spikes during games. Valencia didn’t like Butler’s interference, potentially costing him an endorsement deal, so he punched Butler in the temple, causing a concussion.

Neither player had said much to the media about the incident, but Butler finally addressed the issue on Wednesday. MLB.com’s Mark Chiarelli reported Butler’s comments:

“This was something that could’ve been prevented on both sides,” Butler said. “We had equal faults in this. I definitely said some things that you shouldn’t have. I definitely stepped in an area where it wasn’t my business.”

[…]

“By no means do I think his intentions were to give me a concussion,” Butler said. “This is me addressing my faults and what I took away from the team.”

[…]

“To say that we’re enemies is not right,” Butler said. “To blame this all on one side is not right either.”

Butler also apologized to his teammates. “I would like to apologize for putting [my teammates] through this because they didn’t deserve this. This was an issue between me and Danny. To be fair for them, they didn’t deserve this. The coaching staff didn’t deserve this. The organization didn’t deserve this,” he said.

Butler is making progress in his recovery from his concussion. He’ll travel with the team to St. Louis to open up a three-game series against the Cardinals starting on Friday. If he passes his concussion protocol test, the Athletics will put him back on the active roster from the seven-day concussion disabled list.

Report: Pablo Sandoval has lost 22 pounds during his rehab

BOSTON, MASSACHUSETTS - APRIL 11:  Pablo Sandoval #48 of the Boston Red Sox looks on from the dugout before the Red Sox home opener against the Baltimore Orioles at Fenway Park on April 11, 2016 in Boston, Massachusetts. The Orioles defeat the Red Sox 9-7.  (Photo by Maddie Meyer/Getty Images)
Maddie Meyer/Getty Images
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WEEI’s Rob Bradford reports that Red Sox third baseman Pablo Sandoval has lost 22 pounds during his rehabilitation after undergoing shoulder surgery in early May. Weight has been the top subject of conversation regarding Sandoval ever since he showed up to spring training and an unflattering photograph was published by the Boston Globe.

Sandoval had a miserable spring training, batting .204 in 49 at-bats and lost out on the starting third base job to Travis Shaw. He went hitless in seven regular season plate appearances before landing on the disabled list with a sprained left shoulder, which ultimately required reconstructive surgery.

Sandoval is still under contract through at least 2019, earning $17 million next season, and $18 million in ’18 and ’19. His controlling club has a $17 million option with a $5 million buyout for 2020 as well. It’s hard to see Sandoval fitting into his current club’s future plans, but it will be tough for the Red Sox to get rid of him without eating a significant portion of his remaining contract.