The judge in the Dodgers bankruptcy case just ruled that Frank McCourt cannot use the financing he obtained from Highbridge Principal Strategies to keep the Dodgers running during their time in bankruptcy. Rather, he has ordered the Dodgers to negotiate with Major League Baseball in order to obtain financing from the league. You can read the order here.
Key from the court’s ruling was the judge’s belief that the terms of the Highbridge loan — which have Frank McCourt personally on the hook for over $5 million if it wasn’t used — “clearly compromised McCourt’s judgment.” Presumably, this means that the judge believes that McCourt was unwilling to consider superior MLB financing because to do so would personally cost him money, even if it was better off for the Dodgers and their creditors.
McCourt put his own financial interests ahead of the Dodgers’? Fancy that.
While this does not move Frank McCourt out of the owner’s chair — the judge ultimately retains authority over how money is spent during bankruptcy and specifically said in his ruling that the MLB loan could not be a vehicle via which MLB can take over the Dodgers — this is a huge win for Bud Selig and a huge loss from Frank McCourt, whose baloney is obviously not flying with this judge.
Oh, and since that Highbridge loan isn’t going to be used, McCourt just lost $5.5. million. So there’s that.
A brutal couple of updates on the night of Jose Fernandez’s death from Jeff Passan of Yahoo and from Andre Fernandez of the Miami Herald.
Passan reports on the leadup to the fateful boat trip. About how a friend of one of the other men killed on the boat had pleaded with him not to go out in the dark. Then there’s this:
After Saturday’s game, Fernandez had asked a number of teammates to join him on the boat. One by one, they declined.
Marcell Ozuna was one of them. Andre Fernandez of the Miami Herald reports:
Following Monday’s game, Ozuna said he turned down an invitation from Fernandez after Saturday night’s game to go out with him and join him for a spin on his boat . . . “That night I told him, ‘Don’t go out,’” Ozuna said. “Everybody knew he was crazy about that boat and loved being out on the water. I told him I couldn’t go out that night because I had the kids and my wife waiting for me.
Losing a friend and teammate under such circumstances is brutal enough. Adding on survivor’s guilt would be close to impossible to bear.
David Ortiz has used Derek Jeter’s Player’s Tribune as his personal podium all year as he says goodbye to the Major Leagues. He continues that today, on the eve of his final series against the Yankees.
In it Ortiz talks about what playing the Yankees meant to him over the course of his career. About how the fan hate was real but something he embraced. About how the series back in the days of Jeter and Pettitte and Mariano and Mussina were “wars.” He also talks about how the Yankees were basically everything when he was growing up in the Dominican Republic. The only caps and shirts you saw were Yankees shirts and how they were about the only team you could see on TV there. As such, coming to Boston and then playing against the Yankees was a big, big deal.
Ortiz says “[s]ome players are born to be Yankees, you know what I’m saying? I was born to play against the Yankees.”
And he’ll get to do it only three more times.