As mentioned this morning, the first issue the bankruptcy court is going to have to decide is whether or not to allow Frank McCourt to finance Dodgers’ operations with that $150 million loan he obtained.
Also as mentioned, Major League Baseball has come up with an alternative financing arrangement, which Bill Shaikin of the Los Angeles Times just reported: Financing at 7% interest as opposed to the 10% McCourt obtained, plus no $4.5 million fee or any other fees on top of it, like the fees wit which McCourt would saddle the team.
Bankruptcy experts, help us out: are these financing arrangements usually judged purely on the dollars (i.e. what costs the debtor the least), or is there a broader analysis in play, encompassing the source of the financing as well? Because if it’s purely dollars, MLB would have to have it beat, one would assume. If McCourt gets a thumb on the scale in his favor as the current owner, however, it may not matter.
The point to all of this, of course, is that if the court decides that MLB’s financing is going to rule the day, it will likely mean that McCourt’s days of calling the shots are over or soon will be.
Updates as warranted.
Alex Pavlovic of NBC Sports Bay Area reports that the Giants have promoted top infield prospect Christian Arroyo from Triple-A Sacramento. MLB Pipeline rated Arroyo as the Giants’ No. 2 prospect behind pitcher Tyler Beede and the team’s best position player prospect.
Arroyo, 21, was selected in the first round (25th overall) of the 2013 draft. He started the year at Triple-A for the first time and he hit an astounding .446/.478/.692 with three home runs and 12 RBI in 69 plate appearances to start the season.
The Giants, 6-13, are looking to regain their balance after unexpectedly losing ace Madison Bumgarner, who sustained injuries riding a dirt bike on an off-day. Arroyo will likely play third base regularly over Eduardo Nunez.
Twins third baseman Miguel Sano has been suspended one game for his role in Saturday’s altercation with the Tigers, Mike Berardino of the St. Paul Pioneer Press reports. Sano will appeal his suspension, so he’ll be eligible to play until that is resolved.
On Saturday, Tigers outfielder JaCoby Jones was hit in the face by Twins pitcher Justin Haley. The Tigers’ Matt Boyd threw behind Sano when he came to the plate in the fifth inning, seemingly exacting revenge. Sano took exception, catcher James McCann pushed his glove into Sano’s face, and the benches emptied. Both Boyd and Sano were ejected from the game.
Sano has hit well in the early going, batting .241/.413/.569 with four home runs and 14 RBI with an MLB-best 17 walks in 75 plate appearances. Losing Sano for only one game won’t be the biggest deal for the Twins. Eduardo Escobar would get the start at third base to fill in for Sano if he loses his appeal.
Boyd was fined an undisclosed amount and not suspended, per MLB.com’s Jason Beck.