Frank McCourt needs money to keep the Dodgers running. Fox wants to loan it to him, with the team’s TV rights as collateral. Bill Shaikin reports, however, that Bud Selig has rejected a proposal under which FOX would have loaned $200 million to Dodgers in a deal that would have met both of the parties’ objectives.
On one level you want to feel bad for McCourt. He has something of value: the rights to broadcast Dodgers games. He has someone willing to give him money for it: FOX. But Bud says no. He says no even though he’s certainly willing to let Fred Wilpon leverage his TV Network — the most valuable property of which is baseball rights — in order to get out from under his Wilpon mess.
The difference, I think, is that Frank McCourt has lost all credibility when it comes to taking on debt. Why would you let him mortgage anything else? Especially when, if he defaults, it will result in a TV network getting the rights to broadcast baseball games at bargain basement rates.
We’ve talked more about the Wilpons lately, but I think Frank McCourt is in more trouble. At least the Wilpons have some assets they could sell to raise cash. McCourt put everything in hock even when times were good, leaving nothing of value now. And now he’s stuck.
Dodgers southpaw Clayton Kershaw is nearing his return to the mound, according to club manager Dave Roberts. Both Kershaw (left biceps tendinitis) and fellow lefty Rich Hill (left middle finger blister) are scheduled to toss simulated games on Saturday; depending on the outcome, Roberts says Kershaw could forgo a minor league assignment and slot back into the rotation by Thursday.
Kershaw, 30, was diagnosed with biceps tendinitis as the team closed out their Mexico Series at the start of the month. He has not made a start in several weeks, but was finally able to resume throwing on Sunday and managed to get through two successful bullpen sessions. Though Dodgers’ ace hasn’t been completely injury-free over his 11-year career in the majors, this is the first significant issue he’s had with his pitching arm so far. The team is expected to take every precaution with the lefty, and will likely limit him to just four innings during Saturday’s simulated game.
Prior to his injury, Kershaw was working on another dominant run with the club, sporting a 2.86 ERA, 2.0 BB/9 and 9.8 SO/9 through his first 44 innings of the season. While Kershaw, Hill and left-handed starter Hyun-Jin Ryu served their respective terms on the disabled list this month, the Dodgers utilized a combination of relievers Ross Stripling and Brock Stewart, both of whom impressed during their limited time in the rotation.