The Dodgers are going to see a billion less than they expected on their TV deal

11 Comments

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.

Shawn Tolleson retires from baseball

Dilip Vishwanat/Getty Images
Leave a comment

Evan Grant of the Dallas Morning News reports that reliever Shawn Tolleson is retiring from baseball. The right-hander experienced a setback in his recovery from Tommy John surgery last week.

Tolleson, who turns 31 years old on Saturday, last pitched in the majors in 2016. He had two very good years out of the bullpen for the Rangers in 2014-15, posting an aggregate 2.88 ERA with 145 strikeouts and 45 walks across 144 innings.

Tolleson signed a one-year deal with the Rays in January 2017 before undergoing Tommy John surgery several months later. The Rangers inked him to a minor league contract in December 2017, but he wasn’t able to work his way back.