The Dodgers made big news a couple of months ago when they agreed to a whopping $7 billion TV deal with Time Warner. The deal has not become official yet because the Dodgers had not submitted it to MLB for review, fearing that it might not be approved because it attempts to shield more money from revenue sharing than is typically allowed.
The New York Post reports that those fears have forced a reworking of the deal. It still pays out $7 billion, but around a billion more than expected is going to go towards revenue sharing. There are some fears, the Post reports, that this could impact the Dodgers’ ability to meet its debt service obligations. Which, my heavens, how on earth could that ever happen to an owner of the Los Angeles Dodgers?
In other news, the Post reports that the team’s owners may have used money from their insurance company holdings to finance the purchase of the team, which is a no-no and may cause them to have to move more money back to the insurance side.
Gee, it’s almost as if buying a baseball team for $2 billion was a risky and complicated endeavor.
In a less-notable move on Friday, the Rays acquired right-hander Wilmer Font from the Athletics in exchange for minor league right-hander Peter Bayer. Font was designated for assignment by the A’s on Wednesday.
This is the second trade involving the righty since the start of the season. The Athletics acquired 28-year-old Font from the Dodgers in late April, but were underwhelmed by his performance after he racked up 11 runs, five home runs, four walks and nine strikeouts in his first 6 2/3 innings of relief. While the rookie has yet to prove himself at the big league level, he posted a much more respectable pitching line with the Dodgers’ Triple-A affiliate in 2017, going 10-8 in 25 starts with a 3.42 ERA, 2.3 BB/9 and 11.9 SO/9 in 134 1/3 innings. It’s still unclear whether the Rays intend to give him another opportunity in the majors this year or use him as depth in the minors.
Bayer, 24, is still a ways away from cracking any major league roster. He advanced to High-A Charlotte prior to the trade and allowed eight runs, two homers, six walks and six strikeouts in his first four innings.