Frank McCourt takes a $30 million loan from FOX in order to meet payroll

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FOX used to own the Dodgers. At this rate, they’re going to own them again someday soon:

Frank McCourt took a $30-million loan this week from Fox to meet the Dodgers’ payroll obligations, according to three people briefed on the arrangement. The arrangement is expected to cover the Dodgers’ expenses into next month … The loan marks the second time since the end of last season that Fox has provided money to the Dodgers’ owner so he could cover expenses. The loan was furnished to McCourt personally rather than to the Dodgers, according to the people briefed on the deal.

And because it was a personal loan, it did not require the approval of Major League Baseball.  Baseball is still mulling, however, whether it will allow McCourt to settle his legal problems by taking a big chunk of cash from a new TV right deal for Dodgers telecasts on FOX and diverting it to Jamie McCourt and whoever the hell else Frank owes money too.

If I’m Bud, I wait this out. If he’s taking month-to-month personal loans to cover payroll, Frank is going to go bankrupt very soon and he’ll be forced to sell the Dodgers like Tom Hicks did. Sure, it may not be fabulous to have a marquee franchise in bankruptcy court, but as the Rangers showed, the process is survivable. And, once free from McCourt, the Dodgers could easily become a lucrative property once again.

Blue Jays clinch playoff berth with Orioles’ loss to Red Sox

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TORONTO — The Blue Jays clinched a postseason berth Thursday without taking the field.

Toronto was assured of an AL wild card berth when the Boston Red Sox beat the Baltimore Orioles 5-3.

If Toronto holds its current position as the first of the AL’s three wild cards, the Blue Jays would open a best-of-three wild-card series at Rogers Centre next week.

“These guys are excited to be in this position,” Blue Jays manager John Schneider said after Wednesday’s 8-3 loss to the New York Yankees. “You’ve got three really good pitchers lined up against a good Boston team, playing at home. So I think it’s more excitement more than it’s nerves or anything. I think the guys are going to come out and be ready to roll on Friday night.”

Toronto became the fourth AL team to clinch a playoff berth, joining division champions Houston, the Yankees and Cleveland. The Astros and Yankees have first-round byes.

The Blue Jays last went to the playoffs in 2020, when they were knocked out with two straight losses to Tampa Bay.

Eight of the 12 berths in the expanded postseason have been clinched: The Los Angeles Dodgers and St. Louis earned division titles, and Atlanta and the New York Mets are assured no worse the wild cards while still competing to win the NL East. The Dodgers have a first-round bye.