MLB Won’t Assist McCourt With Interim Funding
After having a proposed deal with Fox rejected by the league, Frank McCourt and his attorneys have reached out to MLB over the last few days in an attempt to secure interim funding to keep the team afloat, writes Bill Shaikin of the Los Angeles Times. However, the league told McCourt it won't assist with funding unless he agrees to sell the team, according to Shaikin's source.
As we heard yesterday, McCourt is open to selling a minority stake in the Dodgers, but the league "has all but rebuffed" the idea. McCourt didn't submit names of potential investors when league officials originally suggested selling a minority share. Now, with this week's payroll deadline looming, the approval process for potential investors wouldn't be completed in time.
McCourt will need close to $30MM to meet payroll this Thursday. If he's unable to produce the necessary funds, Bud Selig could seize the Dodgers and put the club up for sale, though likely not without litigation from McCourt's lawyers.
Quick Hits: Nationals, Pirates, MacPhail, Astros
Links for Saturday…
- The Nationals plan on having Davey Johnson meet up with the team tomorrow in Chicago before flying to Anaheim with them, reports Adam Kilgore of The Washington Post (Twitter links). ESPN's Buster Olney, meanwhile, notes that Johnson's contract ensures that he'll be the manager for this year only. The two sides will re-evaluate things after the season.
- Tim Britton of The Providence Journal says the Pirates were the big losers in the Jason Bay-Manny Ramirez trade.
- Jeff Zrebiec of The Baltimore Sun spoke to Orioles president of baseball operations Andy MacPhail about his contract, which expires after the season. "I have always taken the position, unlike one of my good friends in the game Jim Riggleman, let's just see how we do," said MacPhail. "Let's get to the end of the year and see how we do and take it from there."
- Richard Justice of The Houston Chronicle reports that the Astros transfer of ownership from Drayton McLane to Jim Crane likely won't happen until mid-July (or later) as MLB focuses its efforts on the Dodgers (Twitter link).
- Joe Strauss of The St. Louis Post-Dispatch addressed the speculation about how Albert Pujols' injury could impact his contract negotiations with the Cardinals after the season.
- McLaren will not be leaving the Nationals, reports Bill Ladson of MLB.com (Twitter links). He will not be bench coach and will instead stay in another capacity.
- The Nats can expect another resignation, this time from acting manager John McLaren, writes Ken Rosenthal of FOX Sports. McLaren served as bench coach under Jim Riggleman.
- Jon Paul Morosi of FOX Sports spoke to a source that is doubtful the Giants would move any of their big league pitchers to improve the offense (Twitter link). San Francisco has scored just 261 runs this year, the fewest runs in the game.
- Gordon Wittenmyer of The Chicago Sun-Times says the Cubs front office plans to give the team a few more weeks to see if they can salvage the season before deciding to sell. The front office will meet next week to sort some of this stuff out.
- Jeff Zrebiec of The Baltimore Sun mentioned that Orioles president of baseball operations Andy MacPhail and Reds GM Walt Jocketty have swung trades in the past and spent some time together yesterday before their clubs played. He notes that the two clubs appear to match up well in a potential trade as well.
- Baseball America's Matt Eddy has this week's collection of minor league transactions, which includes a slew of draft pick and undrafted free agent signings.
NL West Notes: Dodgers, Cook, Hawpe
Let's check out a few items from the National League West..
- Steve Soboroff, who publicly clashed with the commissioner’s office in his brief tenure as the Dodgers’ vice chairman, has resigned, writes Bill Shaikin of the Los Angeles Times.
- Bill Center of the San Diego Union-Tribune wonders where Brad Hawpe will fit in when he returns from the disabled list. Even though it'll be hard to find a place for the veteran, it's hard to imagine the Padres cutting him loose and paying him the $2MM that he is still owed.
- Rockies pitcher Aaron Cook needs to turn things around quickly before the Rockies start exploring other options, tweets Troy Renck of The Denver Post. Earlier today, Renck reported that the club has started calling other teams to gauge the market for rotation help.
McCourt Willing To Sell Minority Stake In Dodgers
With his proposed Fox television contract rejected and end of the month payroll looming, Frank McCourt and his lawyers recently had dialogue with MLB that have focused on his willingness to sell part of the team to keep it afloat, writes Tim Brown of Yahoo! Sports. A source tells Brown that McCourt has received “numerous inquiries” from parties willing to buy a piece of the team.
Bud Selig has been adamant in his refusal to allow clubs to use future earnings to pay off past debt, which is why the Fox deal was shot down. It’s unclear if the recent dialogue between McCourt and the league have resulted in any progress toward his retention of the club, but Brown’s source hears that the owner might not be able to meet payroll next week. If he doesn’t, MLB will likely step in and seize the team.
The Mets recently sold a minority share of the team to David Einhorn for about $200MM, giving that franchise a much needed cash infusion.
Quick Hits: Dodgers, Mariners, Pedro, Giants
On this day in 2004, the Royals completed a three-team deal that sent Carlos Beltran to the Astros. The Athletics were the third party in the transaction and bagged Octavio Dotel from Houston. The Royals, meanwhile, received Mark Teahen, John Buck, Mike Wood, and cash considerations..
- A fun fact courtesy of ESPNNewYork.com's Adam Rubin (via Twitter): Mets manager Terry Collins is tied with Braves skipper Fredi Gonzalez for second-most managerial seniority in the NL East with their current team.
- Mark Cuban’s interest in buying the Dodgers should make Padres fans nervous, writes Tim Sullivan of the San Diego Union-Tribune. Sullivan believes that Cuban has the forward-thinking mindset and deep pockets to shift the balance of power in the NL West.
- Mariners GM Jack Zduriencik has a chance to win right now and needs to make a move to bolster the offense, writes Geoff Baker of the Seattle Times.
- Pedro Martinez isn't ready to announce his retirement just yet, according to Enrique Rojas of ESPNDeportes.com (Spanish link). Martinez also says that he envisions himself in a Sandy Koufax-type role with a club.
- The Giants could use an offensive infusion as the deadline approaches, writes Jon Paul Morosi of FOXSports.com.
Stark On Cuban, Phillies, Rays, Giants
Outspoken Dallas Mavericks owner Mark Cuban is a candidate to own a baseball team someday, but as ESPN.com’s Jayson Stark explains, he faces a number of obstacles. Here’s Stark’s analysis of Cuban and other notes from around MLB:
- Bud Selig sees Cuban as a “squeaky wheel,” according to Stark’s sources. The commissioner does not appear to have interest in an owner who wants to be the story or who will “overtly challenge him publicly."
- Phillies GM Ruben Amaro Jr. would like to strengthen his bullpen and he has checked in on a number of relievers, according to Stark.
- Scouts covering the International League say the Rays appear to be evaluating two of their outfielders, Desmond Jennings and Brandon Guyer, in possible anticipation of a B.J. Upton trade. It wouldn’t be surprising if the Rays listen on offers for Upton, but it would be surprising if they weren’t evaluating their own minor leaguers. Stark reported earlier in the week that the Rays are not likely to trade Upton this summer.
- Rival scouts have been eyeing the Giants’ Class-A affiliate in San Jose, especially Heath Hembree, who was recently promoted to Double-A, and top pitching prospect Zack Wheeler.
Jamey Carroll Q&A
Yesterday I had a chance to talk with Dodgers infielder Jamey Carroll. Click below to read his preferences in free agency, how he's affected by the Dodgers' ownership situation, and what he was thinking facing Trevor Hoffman in the Rockies' 2007 tiebreaker game against the Padres.
Dodgers Notes: McCourt, Selig, Cuban
If Dodgers owner Frank McCourt doesn't make payroll at the end of the month, the commissioner's office would have the power to take control of the team and put it on the market. Here's the latest on the Dodgers, who had their proposed TV deal rejected by Bud Selig yesterday:
- Bob Sacks, an attorney for McCourt, hinted to Bill Shaikin of the LA Times that MLB could find itself in a legal "showdown" with the Dodgers and explained that there's "the possibility of some fairly acrimonious and extreme litigation going forward." McCourt's representatives are asking to sit down with Selig and negotiate their way through the Dodgers' financial issues. MLB executive vice president Rob Manfred says he's confident in the league's legal position.
- Dallas Mavericks owner Mark Cuban said on TMZ that he would have interest in buying the Dodgers under the right circumstances. But Cuban suggests it could be a while – maybe 20 years – before the Dodgers are on the right track again. “It's just such a mess, right,” Cuban said. “I can’t imagine that it’s not going to be such a mess that it’s going to make it hard to turn around.”
- Maury Brown of the Biz of Baseball says Cuban's stock has risen because his Mavericks won the NBA Championship, but ESPN.com's Keith Law doubts MLB would approve Cuban as an owner (Twitter link).
Stark On B.J. Upton, Boras, Dodgers
The latest from ESPN's Jayson Stark…
- The Rays are not likely to trade B.J. Upton this summer, though the Nationals have been monitoring the center fielder just in case. Though the Rays feel they have a long-term need for catching, they're not enticed by the Nats' dangling of Jesus Flores and Ivan Rodriguez.
- Scott Boras is the biggest culprit in trying to steal clients, says one agent. However, the practice is legal if Boras reports all contact made with others' clients to the Players Association. Last year Boras' free agent group looked weak before he snagged Jayson Werth and Rafael Soriano a few months before the offseason began. This time, Boras won't be swiping Jose Reyes from Peter Greenberg, but he does have Prince Fielder, Carlos Beltran, Ryan Madson, and anyone else he manages to bring aboard.
- Realignment is unlikely to happen for 2012, since the schedule needs to be finalized by September. Stark also explains that realignment may depend on the decision to expand the postseason.
- The Dodgers are telling teams they're weeks away from deciding whether to be deadline sellers. If they do sell, it won't be because of money issues. Ken Rosenthal of FOX Sports agrees, saying MLB-appointed monitor Tom Schieffer would intercede if the team tries to make a move that's not in its best long-term interests.
Reaction To MLB Rejecting McCourt’s Fox Deal
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."
