Bill Shaikin of the Los Angeles Times reports that the sale of the Dodgers to Guggenheim Baseball Partners was approved this evening in a U.S. Bankruptcy Court in Delaware.
Frank McCourt agreed late last month to sell the Dodgers to a group led by Magic Johnson for a record price of $2.15 billion. The team has operated under court oversight since McCourt filed for bankruptcy last June, but judge Kevin Gross gave his blessing to the reorganization plan.
One of the biggest hurdles was resolved this morning when FOX Sports agreed to withdraw their objection to the sale. FOX, who currently has the team’s television rights, wanted proof that Time Warner Cable was not involved in the new ownership group. The Dodgers’ television contract expires after 2013 and both FOX and Time Warner Cable, among others, are expected to bid. However, FOX received assurances that no deal was in place.
MLB attorney Thomas Lauria also objected by saying that they wanted more information and time to review the deal because a number of the sale’s conditions appeared to be “inconsistent” with MLB rules. However, Gross ultimately sided with the Dodgers’ plan to exit bankruptcy.
Dodgers’ attorney Bruce Bennett told Shaikin following the hearing that he doesn’t think there’s “any realistic possibility” the sale won’t close by the target date of April 30.
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.
Update (7:05 PM EST): The Rays and Dodgers have both announced the trade.
Update (6:57 PM EST): That was fast. Marc Topkin of the Tampa Bay Times reports the two sides have agreed to the trade. Forsythe for De Leon. An announcement is expected shortly.
Jeff Passan of Yahoo Sports reports that the Dodgers and Rays are “deep into discussions” on a trade involving second baseman Logan Forsythe. Passan adds that the two sides have discussed pitcher Jose De Leon — the Dodgers’ top pitching prospect — as part of the return for Forsythe, but it’s unclear if he’s in the deal currently being discussed.
Forsythe, 30, hit a productive .264/.333/.444 with 20 home runs and 52 RBI in 567 plate appearances in 2016. He was even better the year before, finishing with an .804 OPS. Forsythe can fill the Dodgers’ obvious need at second base, but he also has experience playing third base, first base, shortstop, and corner outfield.
Forsythe is entering the second year of his two-year, $10.25 million contract extension with the Rays. He’ll earn $5.75 million in 2017 and his controlling team has an $8.5 million club option with a $1 million buyout for the 2018 season.