The Dodgers’ pending deal with FOX is not worth $3 billion

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When Major League Baseball moved to take over the Dodgers last week, Frank McCourt’s new attack dog Steve Soboroff claimed that McCourt was being done dirty. He claimed that MLB was holding McCourt’s ATM card and not letting him take advantage of the $3 billion TV rights offer FOX had made him. An offer that would cure all which ailed the Los Angeles Dodgers.

Only one slight problem with that. The offer wasn’t really for $3 billion. It was for a bit over half of that:

Contrary to previous reports published in the Los Angeles Times and elsewhere, the new deal is not for 20 years at a price tag of $3 billion — rather, it is a 13-year deal valued at $1.6 billion, a person familiar with the pact said.

The Texas Rangers just got a $1.6 billion TV deal, albeit over seven more years.  Still, the Los Angeles metro area is about twice the size of the Dallas Metro area, and I presume the disparity in the number of potential TV viewers grows greater as you move out into the larger market.  In other words. it would seem that FOX’s offer to the Dodgers is low.

Which makes sense, because Frank McCourt is over a barrel. He’s exactly the kind of guy you try to lowball right now.  FOX likely smells opportunity and Major League Baseball is right to intervene and not allow McCourt to leave money on the table that, in all likelihood, will be funding the team’s operations long after he has ridden off into the sunset.

You know. Like this.

Carlos Carrasco pitched in game action

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Indians starter Carlos Carrasco was diagnosed with leukemia earlier this summer. He’d been out since June. Despite that diagnosis, he and the Indians insisted that he would make every effort to come back this year. Yesterday he took a big step in that direction, making his first rehab appearance at Double-A Akron.

He only tossed one inning, walking one batter and striking out another. He thew 16 pitches but cranked it up to 97 with his first offering. Not too shabby.

It’s unclear what the timetable is for him returning to Cleveland. If they intend to use him as a starter again he’ll obviously need several more appearances to get stretched out. If he’s to be used as a reliever, fewer obviously. What his stamina level is and will be is also an open question.

However that gets sorted out, it’s good so have him back in action.