The Dodgers filed for bankruptcy yesterday, an event that ESPN's Buster Olney ranks among the ten worst chapters in MLB history. The latest:
- MLB was happy with today’s events and will move to have monitors re-installed at Dodger Stadium, according to Yahoo’s Tim Brown (Twitter links). MLB will also request a trustee for the team.
- MLB struck back against Frank McCourt today, blaming the Dodgers' owner for the team's inability to make payroll. MLB is asking the bankruptcy court to reject McCourt's $150MM loan, which comes with 10% interest and a $4.5MM fee, in favor of their own financing with 7% interest and no fee. Bill Shaikin of the L.A. Times has all the details. He notes that the court could decide today which financing to accept.
- Shaikin has a great primer on this whole mess, using a Q&A format. He says the essence of the case is whether bankruptcy court can override MLB rules, if Bud Selig revokes McCourt's ownership.
- The Dodgers should sell off impending free agents like Hiroki Kuroda, Jamey Carroll, and Casey Blake, writes Jon Paul Morosi of FOX Sports, as well as non-tender candidate James Loney. How about MVP candidate Matt Kemp? "We trade him, and we're done," one member of the organization told Morosi.
