MLB: Frank McCourt looted the Dodgers of $189 million

25 Comments

The implication from Major League Baseball has always been that Frank McCourt extracted many millions from the Dodgers, but they’ve never truly called it “looting” and they’ve never given an exact dollar figure.  Until now anyway. Bill Shaikin:

For the first time, Major League Baseball put a specific number on the amount it alleges Dodgers owner Frank McCourt took out of the team — $189.16 million — and described the distributions as “looting.”

Given how ugly this has all gotten — both MLB and McCourt are using Bryan Stow in arguments to show the other side’s mismanagement or shamelessness — I’m surprised it took this long.

Of course, given that there are likely several other clubs which the owners use as personal piggy banks, I can see why MLB would be loathe to make this all sound so stark.  Only difference is that McCourt’s use was likely larger in scale and, unlike the other owners’, was unable to be managed within the team’s budget.

Preliminary hearings are now over.  Next week Bud Selig and Frank McCourt take the stand in a multi-day trial.