The Dodgers will pay Frank McCourt’s company $14 million a year to rent parking lots

15 Comments

Matt Kemp will begin making $20 million a year next season. The Dodgers second-highest obligation? Frank McCourt! Or at least his company, which will get $14 million a year from the team for rent on the parking lots surrounding Dodger Stadium.

How much of that actually goes to McCourt is not clear — others own the company that owns the parking lots along with him — but suffice it to say, he’ll be making millions off the Dodgers, basically indefinitely.

Bill Shaikin has the details of the land use agreement which was part of the team’s sale but which, due to some legal wrangling over their confidentiality, were not known before now. I imagine the amount of lucre that McCourt is making despite his feckless management of the Dodgers is the sort of thing everyone would want to keep quiet as long as they can. I’d be embarrassed anyway.

McCourt got rich off parking lots in Boston. He was an abject failure as the owner of a baseball team.  He’s going to make what amounts to a separate, independent fortune off parking lots in L.A.  He’s a walking embodiment of the Peter Principle.

Report: Blue Jays and Marco Estrada nearing agreement on contract extension

Tom Szczerbowski/Getty Images
Leave a comment

Jon Morosi reports that the Blue Jays and starter Marco Estrada are nearing an agreement on a contract extension. The deal is expected to be for one guaranteed year, Morosi adds.

Estrada, 34, was set to become a free agent after the season. He earned $26 million on a two-year contract signed with the Jays in November 2015. While the right-hander has a subpar 4.84 ERA on the season, he has a solid 170/67 K/BB ratio in 176 2/3 innings and has looked much better since the end of July. Between July 31 and his most recent start on Saturday, Estrada owns a 3.75 ERA.

J.A. Happ is the only other starter technically under contract with the Jays next season. Marcus Stroman will be eligible for his second year of arbitration and the Jays will certainly agree to give him a raise on his $3.4 million salary for the 2017 season. The Jays will likely be active this offseason in adding rotation help and they’re starting early by locking up Estrada.

Video: Jackie Bradley, Jr. robs Chris Davis of a home run

Jason Miller/Getty Images
Leave a comment

Red Sox center fielder Jackie Bradley, Jr. robbed Orioles first baseman Chris Davis of his 25th home run on Tuesday evening, leaping at the fence in center field to make the catch and keep the game scoreless in the bottom of the fifth inning.

Davis swung at the first pitch he saw from Drew Pomeranz, a slider that crossed the middle of the plate.

This game has potential playoff implications, as the first-place Red Sox hold a three-game lead over the Yankees in the NL East. Meanwhile, the Orioles are still in the AL Wild Card race, trailing the Twins by 5.5 games for the second Wild Card slot.