For as ugly as the Dodgers stuff has gotten, there was always the two-steps-back reality check for Frank McCourt: if he pulled the rip cord he could still walk away personally wealthy given how much more the Dodgers are worth now than when he bought them.
Except, according to this report by Bill Shaikin of the Los Angeles Times, his debts and tax liabilities are more than most folks presume and — if forced to sell — he could walk way with nothing to show for the past seven years of his life:
McCourt bought the Dodgers for $421 million seven years ago, and the team arguably has doubled in value since then. Yet McCourt’s decision to take the Dodgers into bankruptcy means he could be forced to walk away from the team with absolutely nothing … If the long-term debts funded by Dodgers revenue are $550 million, if the Dodgers exhaust their bankruptcy financing, and if a sale results in the maximum tax liability stated by Frank McCourt, then the team would need to sell for $900 million just for McCourt to break even.
I know. I’d be just as crushed as you would be if such a thing happened.
Former Mets pitcher Anthony Young died on Tuesday at the age of 51, the team said. Young was diagnosed with an inoperable brain tumor in February.
Young, 51, pitched parts of six seasons in the majors from 1991-96. He began his big league career with the Mets in 1991 and stayed with the team through ’93. He famously failed to win a game between April 24, 1992 and July 24, 1993. During that span of time, he went 0-27. It was a great example, even back then, of the uselessness of won-lost records. Young posted a respectable 4.17 ERA in ’92 and 3.77 in ’93.
Former pitcher Turk Wendell, who was Young’s teammate with the Cubs in 1994-95, called Young “a true gentleman.”
The Blue Jays announced on Tuesday that the club designated reliever Jason Grilli for assignment as part of a handful of roster moves. Outfielder Dwight Smith was optioned to Triple-A Buffalo, outfielder Ezequiel Carrera was activated from the 10-day disabled list, and pitcher Chris Smith was recalled from Buffalo as well.
Grilli, 40, struggled to a 6.97 ERA with a 23/9 K/BB ratio in 20 2/3 innings of work this season in Toronto. The right-hander similarly struggled in the first half last year with the Braves before being acquired by the Jays but Grilli’s role had diminished and most of the rest of the bullpen has been pulling its weight.
Grilli should draw some interest — perhaps from the Nationals — as his peripheral stats suggest he’s not nearly as bad as his ERA suggests.