That’s free and clear, after paying taxes and taking an offset for the debt assumed by the Dodgers’ new owners, reports Bill Shaikin of the L.A. Times.
We know this because he’s in court right now, trying to fight off a challenge from Jamie McCourt. Jamie is now trying to get a better deal than the one she walked away with when they settled their divorce. Her deal: $131 million, tax free. She now claims that Frank committed fraud when they settled, misleading her as to the value of the team. Of course, at the time, most folks thought she was getting a pretty good deal, being able to walk away from what then appeared to be a doomed business. Which she helped doom.
As for Frank, I’m struggling to think of anyone who has done better financially while making so many dumb and questionable decisions while running a baseball team. It’s either a testament to how hard it is to go broke as a team owner or a testament to how naive I am about how capitalism works at its highest levels.
The Tigers announced on Monday that pitcher Anibal Sanchez has accepted an optional assignment to Triple-A Toledo. Pitcher Warwick Saupold was recalled from Toledo to take Sanchez’s roster spot.
Sanchez, 33, continued to struggle this season pitching out of the bullpen. He gave up 26 runs (21 earned) on 34 hits and nine walks with 22 strikeouts in 21 innings. Nine of those 34 hits were home runs. Sanchez finished the 2015 season with a 4.99 ERA and last season with a 5.87 ERA, so he’s had a rough go of it in recent years.
The decision to go to Triple-A was Sanchez’s, Anthony Fenech of the Free Press reports. Sanchez wants to be stretched out as a starting pitcher again.
Just a few days after inking him to a minor league deal, the Braves have released first baseman James Loney, the team announced on Monday. Loney became expendable when the Braves acquired Matt Adams from the Cardinals on Saturday as a replacement for the injured Freddie Freeman.
Loney, 33, appeared in two games at Triple-A Gwinnett. He had one hit, a single, and one walk in eight plate appearances.
Loney will likely have to wait for another team to deal with an injured first baseman or DH before he can secure another contract.