The Dodgers are learning how expensive it can be to be bankrupt

8 Comments

Bill Shaikin has a rundown of all of the Dodgers’ legal expenses in the five weeks or so they’ve been in bankruptcy. It’s fairly mind-boggling.

Just one of the firms handing the Dodgers’ bankruptcy — Dewey and LeBoeuf — has thrown 29 lawyers, seven paralegals and ten support staffers at the matter and, in five weeks, have billed $1.7 million.  Billable rates for the lawyers range from $385 an hour for the pissant associates to $1000 an hour for the big bad partners. That’s about 80% of the total legal bill the Dodgers have incurred. Another firm is working on the matter too.

With the caveat that (a) I don’t know anything about how the internal dynamics of a bankruptcy case really works; and (b) my experience in moderate-sized Midwestern law firms doesn’t exactly give me insight into what big coastal law firm billing is really all about — that does seem nutso to me.  I mean, sure, this is complicated, but it’s not Enron or something. It’s a business that, until very recently, was a mom and pop operation.

Brandon Phillips hit his 200th career home run

Justin K. Aller/Getty Images
Leave a comment

Braves second baseman Brandon Phillips became the 337th player in baseball history to hit 200 career home runs, driving a solo home run to left-center field during Monday night’s home game against the Pirates. Phillips is the 14th second baseman (who played a min. of 75 percent of his career games at the position) to rack up at least 200 career home runs.

Phillips, 35, entered Monday’s action batting .290/.345/.405 with two home runs and 12 RBI in 142 plate appearances. If he’s anything, he’s consistent, as he finished with an adjusted OPS between 90-99 (100 is average) every year between 2012-16 and it was sitting at 97 coming into Monday.

Video: Albert Almora, Jr. lays out to make a great catch in deep right-center field

Adam Glanzman/Getty Images
Leave a comment

Cubs center fielder Albert Almora, Jr. robbed Giants first baseman Brandon Belt of at least a double in the top of the first inning of Monday’s game at Wrigley Field. Almora completely left his feet to catch the ball before landing just shy of the warning track.

The Giants took the early lead two batters prior to Belt’s at-bat as Joe Panik hit a solo home run to center field.