Frank McCourt turned a $1.278 billion profit on the sale of the Dodgers

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That’s free and clear, after paying taxes and taking an offset for the debt assumed by the Dodgers’ new owners, reports Bill Shaikin of the L.A. Times.

We know this because he’s in court right now, trying to fight off a challenge from Jamie McCourt. Jamie is now trying to get a better deal than the one she walked away with when they settled their divorce. Her deal: $131 million, tax free.  She now claims that Frank committed fraud when they settled, misleading her as to the value of the team. Of course, at the time, most folks thought she was getting a pretty good deal, being able to walk away from what then appeared to be a doomed business. Which she helped doom.

As for Frank, I’m struggling to think of anyone who has done better financially while making so many dumb and questionable decisions while running a baseball team. It’s either a testament to how hard it is to go broke as a team owner or a testament to how naive I am about how capitalism works at its highest levels.

Cubs to acquire Daniel Murphy from the Nationals

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The Chicago Cubs are going to acquire Daniel Murphy from the Washington Nationals. Jon Heyman reports that the Cubs will send back prospect Andruw Monasterio and a player to be named later in exchange. Craig Mish of Sirius XM was the first to report that the Cubs were the team that claimed Murphy off of waivers.

Murphy got off to a slow start this year coming off of major surgery but is hitting .300/.341/.442 on the season and has been particularly hot of late. Murphy is primarily a second baseman, of course, but he has played some first base too. The Cubs, at any rate, have a pretty flexible roster so they’ll likely be able to find a good amount of playing time for him at either position and, when he doesn’t start, he’ll be a great option off the bench.

Between this trade and the trade of Matt Adams to the Cardinals, the Nats have officially thrown in the towel on 2018.