Report: the Dodgers got a sweetheart deal limiting their revenue sharing liability

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UPDATE:  It seems this was not really news, despite Bloomberg’s reporting it as such.  Bill Shaikin of the Los Angeles Times reported this back in May.  We missed it then.  Apologies to the Times.

5:40 PMIf this report from John Helyar of Bloomberg is true, whoa, MLB is going to have A LOT of explaining to do to, well, every team that is not the Los Angeles Dodgers:

The Los Angeles Dodgers have shot out of bankruptcy and into the ranks of baseball’s biggest spenders, fueled partly by a secret agreement between former owner Frank McCourt and Major League Baseball that may limit the revenue the team is obliged to share with less prosperous clubs.

A settlement ending their 2011 battle in U.S. Bankruptcy Court gives the Dodgers’ new owners a chance to cap income subject to revenue-sharing from a proposed regional sports network at about $84 million a year, according to five people familiar with the confidential “special terms.”

The upshot: the Dodgers — based on assumptions about what their new TV deal will bring them — will be able to hold on to some $141 million a year that they would otherwise have to share with other clubs in the league. That’s because their new deal will bring in far, far more than $84 million a year. Indeed, its estimated that it’ll bring in $175 million to $225 million a year over the 20- year contract.

This would help in part to explain the massive sales price of the team, as the biggest financial hurdle a large market/revenue team faces is its revenue sharing obligations.

Major League Baseball Executive Vice President Rob Manfred pushes back against this, saying that the revenue sharing figures will be based on the actual TV revenue the Dodgers receive.  Which … seems like a direct contradiction of the whole story.  So, I’m not sure what’s going on here.  Bloomberg is obviously reporting, based on several sources, that there is a deal to cap revenue-sharing eligible TV money. Manfred’s words suggests that’s not the case.

Any help here, anyone?

Report: Twins interested in Logan Morrison

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The Twins are reportedly interested in signing free agent first baseman Logan Morrison, according to a report from Mike Berardino of the St. Paul Pioneer Press. The two sides don’t appear to be working toward anything concrete at the moment, but Berardino adds that newly-signed pitcher Jake Odorizzi has been having conversations with the slugger to gauge his interest in a potential deal.

Morrison, 30, enjoyed a tremendous season with the Rays in 2017. He finished his two-year circuit with the team after slashing .246/.353/.516 with a career-best 38 home runs, .363 wOBA and 3.3 fWAR in 601 plate appearances. It was just the second time he’d managed to produce more than 20 home runs in a single season, and he finished the year tied for fifth-most dingers in the AL and eighth-most in the league.

The free agent slugger has been linked to a plethora of interested parties this offseason, including the Red Sox, Royals, Indians, Angels and Mets, but hasn’t drawn any substantial offers in an admittedly slow market. Should he reach an agreement with the Twins, Berardino notes that the club could use him to back up both Joe Mauer and Miguel Sano in a dual first base/DH role.