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.
Bill Whitehead of the Atlanta Journal Constitution reports that the Braves have signed reliever David Hernandez to a minor league contract on Sunday. He’ll report to spring training as a non-roster invitee.
Hernandez, who turns 32 years old in May, signed a minor league contract with the Giants in February. He requested and was granted his release on Friday when he learned he wasn’t making the team’s 25-man roster to open the season.
Hernandez pitched for the Phillies last year. He compiled a 3.84 ERA with an 80/32 K/BB ratio in 72 2/3 innings.
Scott Kazmir won’t begin the regular season in the Dodgers’ starting rotation. Manager Dave Roberts said after Kazmir’s Cactus League outing on Sunday that it “doesn’t make sense” for the ailing Kazmir to break camp in the rotation, Andy McCullough of the Los Angeles Times reports. The lefty will instead rehab some more and join the rotation at a later time.
Kazmir has been battling a hip issue which has caused his mechanics to suffer. He was clocked in the low 80’s 10 days ago and wasn’t much better on Sunday afternoon.
Last season with the Dodgers, Kazmir posted a 4.56 ERA with a 134/52 K/BB ratio in 136 1/3 innings, his worst numbers since returning to the majors in 2013.