Earlier today we learned that MLB rejected a proposed 17-year television rights contract between the Dodgers and Fox, meaming it's unlikely that Frank McCourt will make payroll later this month. The decision also means that the McCourts' divorce settlement is off. Both sides issued statements regarding the decision, so let's recap…
- The Los Angeles Times posted Selig's statement, and within it he explains that "the [proposed] transaction is structured to facilitate the further diversion of Dodgers assets for the personal needs of Mr. McCourt. Given the magnitude of the transaction, such a diversion of assets would have the effect of mortgaging the future of the franchise to the long-term detriment of the club and its fans."
- Attorney Steve Susman issued a statement on behalf of McCourt and the Dodgers, saying that they're "extremely disappointed" that the commissioner has rejected the proposed deal. Selig's rejection is "potentially destructive" to the Dodgers and MLB, according to Susman who promises to "explore vigorously [the Dodgers'] options and remedies."
