The bankruptcy court gave the Dodgers something no other team has

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Bill Shaikin has a report up today that, while dealing with the often murky and confusing world of TV revenue and media rights, suggests that the big settlement of the litigation between Frank McCourt and Major League Baseball, the new Dodgers owners have benefits no other team has. Specifically: to hold back media money from revenue sharing that no other team would get to hold on to.

The Dodgers’ new owners could reap hundreds of millions of dollars in benefits from the confidential terms of a U.S. Bankruptcy Court settlement between former owner Frank McCourt and Major League Baseball …

Guggenheim Baseball, the Dodgers’ new owners, can negotiate a new television contract as soon as this fall, with Fox Sports, Time Warner Cable and perhaps CBS expected to bid. If the Dodgers accept an annual rights fee, they would simply pay 34% of whatever money they receive into the revenue-sharing pool.

However, the Dodgers are expected to pursue a regional sports network, on their own or in partnership with Fox, TWC or another television outlet. Guggenheim could establish a media company separate from the Dodgers, then have the company pay the team in accordance with the proposed Fox contract and keep the remaining revenue.

The difference here between what the Dodgers are doing on the one hand, and what the Yankees do with YES or the Red Sox do with NESN, is that 34%. In their cases, they pay that 34% of media rights fees — plus a surcharge if the team is getting lowballed by its sister regional sports network.  With the Dodgers, their new Fox deal is charged at 34%, but even if a new Dodgers cable network pays them tens of millions  more a year, and that money is not touched by MLB.

Shaikin suspects that this will cause some tensions within the ownership ranks, as the Dodgers — by virtue of litigation with an irresponsible former member of their ranks — got something they didn’t. Worth watching.

O’Day retires following 15 seasons for 6 major league teams

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ATLANTA (AP) Right-hander Darren O'Day, who posted a 4.15 ERA in 28 games with the Atlanta Braves in 2022, announced Monday he is retiring after 15 seasons for six teams in the major leagues.

O’Day said on his Twitter account “it’s finally time to hang ’em up.”

“The mental, physical and time demands have finally outweighed my love for the game,” O’Day said.

O’Day, 40, featured an unconventional sidearm delivery. He was 42-21 with a 2.59 ERA in 644 games, all in relief. He made his major league debut in 2008 with the Angels and pitched seven seasons, from 2012-18, for the Baltimore Orioles.

He posted a 4.43 ERA in 30 postseason games, including the 2010 World Series with the Texas Rangers.

O’Day also pitched for the New York Mets and New York Yankees. He pitched for the Braves in 2019-20 before returning for his second stint with the team last season. He became a free agent following the season.

He set a career high with six saves for Baltimore in 2015, when he was 6-2 with a 1.52 ERA and was an AL All-Star.