The Dodgers’ goal in bankruptcy: a television rights auction

32 Comments

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.

Aaron Hicks to go on the disabled list with an oblique injury

Mike Stobe/Getty Images
Leave a comment

Yankees outfielder Aaron Hicks left Sunday’s game against the Rangers after four innings due to soreness in his right oblique. After the game, Hicks said he expects to go on the 10-day disabled list and miss the next three to four weeks, MLB.com’s Bryan Hoch reports.

Hicks was 1-for-2 with a single before departing on Sunday. He entered the game batting .288/.397/.515 with 10 home runs and 37 RBI in 198 plate appearances. It is by far the best season of his career.

Jacoby Ellsbury is on his way back from a concussion, so the Yankees will only have to bridge the gap in center field for a week or two. Mason Williams could draw some starts in center field in the meantime.

Report: Phillies making Maikel Franco available in trade discussions

Jennifer Stewart/Getty Images
Leave a comment

Nick Cafardo of the Boston Globe reports that the Phillies are making third baseman Maikel Franco “more than available” in trade discussions.

Franco, 24, is having an abysmal season after showing promise in 2015 and ’16. Through 289 plate appearances, he’s hitting .221/.280/.365 with nine home runs and 37 RBI. His hitting has tanked and his already below-average defense hasn’t shown any improvement.

It’s a bit surprising that the Phillies would be so eager to move Franco with his value about as low as it can go. Franco is also under control of the rebuilding Phillies through the 2021 season, so the team doesn’t have to rush into moving him. He will become eligible for arbitration for the first time after the season.

Furthermore, the Phillies don’t have an immediate replacement for Franco at third base. Andres Blanco would likely get everyday starts at the hot corner in the short-term, but as far as prospects go, there are no third baseman banging down the door. If the Phillies were to trade Franco, it would likely have to be in return for a young, talented third baseman who will be under team control for several more years.