The Dodgers’ goal in bankruptcy: a television rights auction

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The Los Angeles Times’ Bill Shaikin has been reading the bankruptcy filings this morning, and notes that Frank McCourt’s apparent end game here is to get the bankruptcy court to auction off the television rights for the Dodgers, thereby providing them with the cash they need to keep going.

The obstacles: the Dodgers’ current deal with Fox forbids them from negotiating with anyone but Fox until November of next year and, or course, the anticipated objections of major league baseball.

As for the former, the bankruptcy court could simply set that provision aside from the Fox deal or, depending on how they feel about things at the moment, Fox could simply waive it and join in an auction.  Major League Baseball, meanwhile, is likely to object to any rights auction, as it, in the normal course, has the power to approve all TV deals.  As we learned in the Rangers’ bankruptcy, however, bankruptcy courts often disagree with Major League Baseball with respect to the powers it truly possesses.

What remains problematic, however, is what would happen even if there is a rights auction like McCourt wants. Under the proposed-but-kiboshed Fox deal, a big chunk of the up-front money was going to Jamie McCourt as a means of settling the divorce case.  It seems unlikely that the bankruptcy judge would even touch that given that it’s the Dodgers who are in front of him and not the McCourts in their personal capacity (and how a judge could agree that $180 million or whatever off the top to the McCourts serves the best interests of the team’s creditors is beyond me).

So, unless I’m missing something, best case scenario for McCourt here is a rights auction that brings a lot of money, at the end of which he still has to fight with Jamie over who really owns the team.  I guess that’s better than nothing, but it’s not exactly where he wants to be either.

Red Sox prospect involved in serious auto accident

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Via WEEI.com comes a report that Red Sox minor league pitcher Kevin Steen was critically injured in a car crash on Wednesday night near Fort Myers.

The driver of the other car involved in the accident was killed. Steen is in the hospital in critical condition. It appears as though the other driver veered off the road, overcorrected and then crossed the center line, crashing into Steen’s SUV.

Steen, 20, is a starting pitcher. He was a ninth round pick of the Red Sox in 2014 out of Oak Ridge High School in Oak Ridge, Tennessee. He’s played three seasons in the Sox season and was about to begin his fourth.

Noah Syndergaard scratched with a “tired arm”

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Mets manager Terry Collins says that he has scratched Noah Syndergaard, who was supposed to start this afternoon’s game against the Braves. In his place will go Matt Harvey.

Syndergaard, Collins says, has “tired arm.” But also says he has some discomfort in his right biceps. He will have an MRI, but Syndergaard says it’s not serious and that he could pitch as soon as Sunday. Collins says this is an abundance-of-caution type thing, saying “we can’t take a chance on this guy.” Which is true.

The Mets ace is 1-1 with a 1.73 ERA and 30 strikeouts in 26 innings. He has walked no one this year. Not a soul.