Comparing and contrasting the Wilpon fooforaw and the McCourt arglebargle

13 Comments

That’s what Bill Shaikin is up to over at the L.A. Times today.  At least comparing the possible solutions to it.

Shaikin notes that one possible outcome that is being discussed with the Mets is that the Wilpons would sell part of the team and maybe a stake in their television network SNY and use the money to pay off the bankruptcy trustee. Shaikin writes:

What that means is that Wilpon could sell a share in the Mets and/or SNY, the team-owned cable channel, to help finance a settlement, at $1 billion or something less. And what that means for baseball is that Wilpon would be diverting the money generated from any such sales to resolve litigation rather than to improve the team.

McCourt and his attorneys would find that extremely interesting.

Commissioner Bud Selig has so far resisted any deal in which Fox would pay McCourt a hefty sum in exchange for the Dodgers’ long-term broadcast rights. The logic: The money Fox would pay should go to improve the team, not to pay off an ex-wife in a divorce settlement.

Except I don’t see how these situations are similar. At all.  In the Wilpons case it would be selling an interest in the actual network that they own, not auctioning off the team’s broadcast rights for the purposes of settling litigation.  In the former case it’s the owners’ property being sold. In another it’s revenue that should, by all rights, inure to the benefit of the team itself, being diverted away from the team.  Frank McCourt doesn’t own FOX Sports.  His team sells the right to broadcast baseball games it plays.

A better analogy here would be if McCourt wanted to sell off his stamp collection or some other big parking lot he owns or something to pay off his wife.  I’m sure that Commissioner Selig would have no trouble with that.  I can totally see, however, why he’d differentiate between Wilpon using SNY sale proceeds to pay off the bankruptcy trustee and McCourt using the Dodgers’ broadcast rights to finance his divorce settlement.

So sorry Frank.  Your problem may not be as big as Fred Wilpon’s problem. But your universe of possible solutions is indeed smaller.

UPDATE: There’s a lengthy and quite critical update to this post here.

Giants nearing deal with Cameron Maybin

Cameron Maybin
Getty Images
Leave a comment

The Giants are finalizing a minor league deal for free agent outfielder Cameron Maybin, according to Andrew Baggarly and Ken Rosenthal of The Athletic. The team has not confirmed the signing, but it’s in keeping with their stated goal of adding more veteran presence and outfield options to their roster in advance of the 2019 season.

Maybin, 31, appeared in back-to-back gigs with the Marlins and Mariners in 2018. He slashed an underwhelming .249/.326/.336 with four home runs, 10 stolen bases (in 15 chances), a .662 OPS, and 0.5 fWAR through 384 plate appearances for the two clubs, a clear improvement over his totals in 2017 but still shy of the career numbers he posted with the Padres all the way back in 2011. It’s not only his offense that has tanked, but his speed and defense in center field, all of which he’ll try to improve as he jockeys for a roster spot in camp this month.

The Giants’ outfield has been largely depleted of any kind of consistent talent lately, especially taking into account the recent departures of Hunter Pence, Gregor Blanco, and Gorkys Hernández. Even with the acquisition of, say, All-Star right fielder Bryce Harper, there’s nothing standing in the way of Maybin and fellow veteran signee Gerardo Parra grabbing hold of full- or part-time roles this year, though they’ll need to outperform candidates like Chris Shaw, Steven Duggar, Drew Ferguson, Mac Williamson, Austin Slater, Craig Gentry, Mike Gerber, and others first.

In a previous report on Friday, Baggarly revealed that a “handshake understanding” had been established with several veteran players already this offseason, all but guaranteeing them regular starting opportunities over the course of the season. How those agreements will be affected by spring training performances remains to be seen, but at least for now, the Giants appear prepared to give their newest players a long leash as they try to get back on top in the NL West.