Major League Baseball’s initial filing in the Dodgers’ bankruptcy case is out, and it’s quite clear that they are going to pull absolutely no punches here and, presumably, will pull no punches when the initial hearing in the matter gets underway early this afternoon.
In addition to objecting to everything McCourt wants to do, they lay out what will obviously be the overarching theme of their case. Note that, unlike the Rangers/Tom Hicks situation, MLB is not content to merely wade in in an effort to protect its own administrative interests and powers. It’s clearly taking aim at McCourt himself. The verbiage comes via Bill Shaikin’s report:
“In pursuing his own financial interests at the expense of the club, over-leveraging it and draining millions of dollars for capital investment and operations, Mr. McCourt has placed the [Dodgers] in their current, incredible position of not being able to make payroll less than halfway through the regular season … Having siphoned off well over $100 million of club revenues and obviously unable to distinguish between his personal interests and those of the club, Frank McCourt has driven the Dodgers into a liquidity crisis so severe that, absent extraordinary measures, the club would be unable to make its payroll. Mr. McCourt attempted to use that looming disaster to leverage [MLB] into approving the sale of the club’s broadcast rights to pay current expenses and to permit millions more to be misappropriated for personal use.”
Ken Rosenthal of FOX Sports provides an interesting window into how teams handle a player’s contract after he has died in an accident. It was reported on Sunday that Royals pitcher Yordano Ventura died in a car accident in the Dominican Republic. He had three guaranteed years at a combined $19.25 million as well as two $12 million club options with a $1 million buyout each for the 2020-21 seasons.
What happens to that money? Well, that depends on the results of a toxicology report, Rosenthal explains. If it is revealed that Ventura was driving under the influence, payment to his estate can be nullified. The Royals may still choose to pay his estate some money as a gesture of good will, but they would be under no obligation to do so. However, if Ventura’s death was accidental and not caused by his driving under the influence, then his contract remains fully guaranteed and the Royals would have to pay it towards his estate. The Royals would be reimbursed by insurance for an as yet unknown portion of that contract.
The results of the toxicology report won’t be known for another three weeks, according to Royals GM Dayton Moore. Dominican Republic authorities said that there was no alcohol found at the scene.
Ventura’s situation is different than that of Marlins pitcher Jose Fernandez, who died in a boating accident this past September. Fernandez was not under contract beyond 2016. He was also legally drunk and cocaine was found in his system after the accident. Still, it is unclear whether or not Fernandez was driving the boat. As a result, his estate will receive an accidental death payment of $1.05 million as well as $450,000 through the players’ standard benefits package, Rosenthal points out.
The Associated Press is reporting that the spring training schedule will be shortened by two days starting in 2018. That change comes as part of the new collective bargaining agreement, which was agreed to last month.
Specifically, the voluntary reporting date for pitchers, catchers, and injured players has been changed to 43 days before the start of the regular season, down from 45. For the rest of the players, the reporting date is 38 days before the start of the regular season, down from 40.
The change goes hand-in-hand with allowing teams 187 days, rather than 183, to complete their 162-game regular season schedule.
While just about everyone seems to be in agreement that the spring training exhibition schedule is too long, team owners are likely very hesitant to shorten that part of the spring schedule because it would cost them money. So they’re just allowing players to arrive to camp a couple of days later.