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Friday, July 22, 2011

McCourt Must Use MLB DIP Financing, But MLB Can't Take Over Dodgers

Steve Dilbeck writes that McCourt lost this round in court (ditto Craig Calcaterra), but it's hard to look at the decision that keeps any MLB loan separate from MLB oversight as a clear win for Bud Selig. Nonetheless, there are a lot of positive signs here, including the devastating finding
McCourt and his attorneys had argued that, as the debtors, the Dodgers were entitled to use their business judgment to pick the loan they preferred. That is a standard under bankruptcy law, but Gross ruled that McCourt forfeited that priority by failing to disclose he would have personally owed his lender $5.25 million by not seeking court approval of the loan.
The full letter from the commissioner to McCourt denying the Fox TV deal is a hammer blow, Bud Selig swinging for the fences, and frequently connecting. It contains some doozies: Lots more in the letter, which is juicy and delightful.

Update: Here's the judge's ruling from today's hearing. Round 2 will be about Bud v. Frank, which will be, in my estimation, the main event.

Update 2: As expected, McCourt's camp is publicly upbeat since they weren't thrown to the curb or laughed out of court, and most importantly, MLB can't reinstall a monitor in Frank's scheming.

Update 3: Josh Fisher at ESPN:

Under the terms of the existing television deal, the Dodgers cannot begin negotiating with anyone other than Fox until late 2012. That has led baseball to express concerns about the desirability of extensions of the Fox deal thus far proposed by McCourt. However, because of the club's bankruptcy, it may have the option to walk away from the Fox contract and sell the Dodgers' television rights competitively.

MLB will likely oppose such treatment of an important strategic partner. While today's ruling signals Gross' willingness to curtail baseball's policies to the extent necessary to achieve bankruptcy's purposes, he may not be as willing to entertain a move with potential negative impact across the game. Make no mistake, the fight over the Dodgers' ability to sell their TV rights will be as bitter and acrimonious as any thus far. The outcome will determine how much longer the Dodgers remain under McCourt ownership.

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Thursday, July 21, 2011

Some Missed Transactions

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Weaver's Awesome, And What Else Is New? Angels 1, Rangers 0

I was pretty damned sure that the Angels were going to lose this series, and they very nearly did last night — but thanks to a positively inspirational six-run rally in the sixth and Jordan Walden's 22nd save, they held it together for the win.

Today's story — the Angels won on an unearned run, reminding me of the weird game on June 28, 2008 where he lost despite giving up no hits (the Dodgers would get none, either) — except that this time, they won. C.J. Wilson was, save for an error that allowed the winning run to cross the plate (Endy Chavez' throwing error that allowed Mike Trout to reach, and Howie Kendrick to score). Weaver's most nail-biting moment came in the sixth, when the Rangers managed to load the bases, but he finally got Mitch Moreland to strike out, ending the threat.

Is the season over? Not any more. Are the Angels still contenders? Possibly, but I'm still not quite sold. Let's see the division lead trade places down the stretch.

ESPN Box

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Tuesday, July 19, 2011

A Word On The Coming Series

In the wake of the late series loss to Oakland, I have to say -- the division is about to be decided, and the Angels are not going to prove equal to the task. I had some hope before the All-Star break, but after that performance? No way.

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Transactions, Transactions

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Thursday, July 14, 2011

MLB: McCourt Would "Personally Benefit" From Current Bankruptcy Loans

Bill Shaikin's latest Times story doesn't go into details about how much he would benefit — that's been redacted — but we learn that MLB further alleges that the McCourts have extracted $200M from the team in the seven years they've owned the club.

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Wednesday, July 13, 2011

MLB, AEG Working On A Downtown LA Dodger Stadium (UPDATE: Nope)

I don't take the Sports By Brooks story very seriously; to me, this is more a threat to Frank McCourt that if, by some miracle, his byzantine corporate structure should miraculously survive court challenges by MLB, he will not be the team's landlord, and needs to get that idea right out of his head. (Via my friend Ron La Pierre on Facebook.)

Update: Bill Shaikin tweets that AEG denies any such talks have been held.

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Shocker: Rangers Outright Scott Feldman

I didn't even know he was on the DL, but apparently he was, and for knee surgery. I assume the fact that the Rangers gave him an outright release is a move to prevent him from occupying space on the 40-man. It's unlikely he'll be claimed, given he is owed an additional $7.1M through 2012.

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Tuesday, July 12, 2011

Brewers Acquire K-Rod

Multiple tweets about the Brewers acquiring K-Rod for cash and two PTBNLs; I'll just use this Andy McCullough tweet as representative.

Matthew Pouliot at Hardball Talk notes that because Rodriguez has a $17.5M 2012 option that vests if he gets 55 games finished this year, it is likely he will be an eighth inning man for the Brewers.

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Dodgers Have Already Spent The $35M Fox Owes Them

As if this comes as a surprise. Please, some judge, somewhere — make McCourt go away.

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Heath Bell Has An Awesome Idea To Improve The All-Star Game

Too bad it has no chance of succeeding:
“We were thinking the American League and National League can have different charities, and we can play for that,” Bell said. “If you’re the MVP, you get X amount of money for your own personal charity. And everyone that shows up, the money goes to that charity. It would give awareness to the charities, people would talk about it, and you’d want to play for that reason. If I was commissioner for a day, that’s what I’d do.”

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Dodgers Acquire Juan Rivera, DFA Marcus Thames

The Dodgers acquired Juan Rivera and cash from the Toronto Blue Jays for a player to be named later, and gave Marcus Thames the heave-ho. MSTI has the full skinny, and he sets out a good case that this represents a positive incremental change. Also, the cash has to be useful for a guy running out of dough, what with the stadium looking ever so empty these days.

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Friday, July 08, 2011

Pickoff Moves

Weaver Tosses Another CG Gem: Angels 5, Mariners 1

I didn't watch this in its entirety, but Jered Weaver only really got into trouble in the third and seventh innings, giving up the opposition's only run in the third on a Brendan Ryan single. Other than that, the Angels got as much as they would need in an answering rally in the bottom of the third, posting a three spot on three hits, including a Howie Kendrick double.

Unfortunately, Peter Bourjos pulled up lame at second base during an eighth inning rally, and as a consequence the Angels made a surprise move and called up Mike Trout all the way from AA Arkansas. Here I was thinking I'd have to go there to see him (and log a visit with my in-laws at the same time — not a bad thing), but he's coming to me, tonight!

ESPN BoxAngels recap

Dodgers Break Five-Game Skid With Six-Run Shutout: Dodgers 6, Mets 0

The Dodgers were in danger of posting their longest losing streak of the year (and as it was, they already matched their longest with five straight), but somehow managed to get behind a strong eight-inning performance by Clayton Kershaw and beat up on the Mets' Dillon Gee, who gave up five earned runs for the first time this year.

ESPN BoxDodgers recap

Roster Notes

Fan Falls To Death In Arlington

A terribly sad happening in Arlington as a fan fell to his death trying to catch a foul ball thrown into the stands by Josh Hamilton. Video from the game is surprisingly un-disturbing; we don't see him hit the pavement. My condolences to his family.

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Thursday, July 07, 2011

All Your Baseball Are Belong To Bud: Bankruptcy Court Sides With MLB

Woo and hoo:
"This is clearly, in my mind, not an appropriate occasion to turn this hearing into a trial on the commissioner," U.S. Bankruptcy Judge Kevin Gross said.

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Wednesday, July 06, 2011

MLB Fires Back At Discovery Requests

Bill Shaikin is once more on the job, with a series of tweets consummated with "McCourt's wide-ranging discovery requests are so broad and 'so irrelevant to any issue that they constitute harassment.'"

In related Dodgers news, Sports Illustrated's Jon Heyman reports that the Dodgers won't start selling players off for another two and a half weeks if it becomes necessary.

Update: Shaikin now says McCourt tried to take out an additional $20M from the team even after payroll crisis in April. Incredible.

Earlier:

Bankruptcy court file now includes letter from #Dodgers fan Greg MacDonald to judge: "Please allow us to reclaim our team."
Update 2: Shaikin's long-form piece at the Times Dodger blog.

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Tuesday, July 05, 2011

Dodgers Announce $5 Reserve Level Tickets For Matt Kemp And Andre Ethier Bobblehead Giveaway Night

I don't presently have a link for this but I will copy-and-paste the announcement from the Dodgers. Shameless and pathetic: giving away tickets at a steep discount on a major giveaway night.
DODGERS ANNOUNCE 48-HOUR $5 RESERVE LEVEL TICKET SALE FOR ANDRE ETHIER BOBBLEHEAD NIGHT THIS THURSDAY

In recognition of All-Stars Matt Kemp and Clayton Kershaw, $22 Loge Level, $22 All-You-Can-Eat Right Field Pavilion and $27 Field Level seats will be also offered

LOS ANGELES – The Dodgers announced today a 48-hour $5 sale on Reserve Level tickets to this Thursday’s game (7:10 p.m. vs. NYM) featuring Andre Ethier Throwback Bobbleheads presented by San Manuel Indian Bingo & Casino. This sale is being held as Ethier competes for a chance to reach the All-Star Game in his hometown of Phoenix in the “Final Vote.”

Teammates Kemp, who will start in center field for the National League, and Kershaw have already been selected to the NL All-Star Team and in celebration, the Dodgers are offering $22 Loge Level, $22 All-You-Can-Eat Right Field Pavilion and $27 Field Level seats for Thursday’s bobblehead night.

Ethier has been among the National League’s top hitters all season long as he currently ranks seventh in the NL with a .317 batting average and has seven homers and 41 RBI. He posted a Major League season-long 30-game hitting streak earlier this season, the second-longest streak in Dodger history. Fans can vote at dodgers.com and MLB.com or for a simple text vote on behalf of Ethier, text N1 to 89269.

Dodger fans can partake in the 48-hour sale by visiting dodgers.com/ethier.

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Pickoff Moves

A Fourth Of July Worth Remembering: Angels 5, Tigers 1

The Angels bid adieu happily if perhaps a bit wistfully to interleague play. They took four of six from crosstown rivals the Dodgers, though despite my misgivings and the apparent at-large misgivings of Dodger fans overall, Chavez Ravine matches still outdrew those at Angels Stadium, 127,852 to 126,021. The difference is quite small, but still says something about the durability of that contract with the fans.

So, back to the American League for the balance of the season, and to the out-of-division opponent of the moment, the Detroit Tigers. The headline on this game was principally about bookended Torii Hunter and Vernon Wells solo homers (in the first and eighth innings respectively), which leads me to recalling a piece I can't now put a finger to in which Wells vowed that his post-injury numbers would be far better than his early struggles. And just so: he's hitting .264/.280/.549 since his return; while you like the slugging average, the on-base-percentage is disturbingly low, even for someone who can knock the ball over the fence. By contrast, Garret Anderson, whom I and others have slagged for his inability to take a walk, never posted an OBP under .308 as an Angel, averaging .324 for his Halo career. Still, it represents a sizable improvement for Wells to be contributing, and for now, he has postponed the day when Tony Reagins will have to walk the plank, and Arte will cut him loose as an expensive failed experiment.

(Incidentally, an alert reader noticed that the Blue Jays pulled the plug on one of the returns for Wells, designating Juan Rivera for assignment on Saturday. The move worked out pretty well for Toronto, as callup Travis Snider shattered John Lackey and the Red Sox, going 3-for-5 with two RBIs. My Sawx-loving Facebook friends are now well past disgust and into talk of DFAing Lackey, who has a grand total of four quality starts all year, out of 13 attempts. The talking heads on MLB Network's Quick Pitch program last night were saying his 7.47 ERA is in historic company in terms of pitchers being given the most rope and still coming up short. As upset as I was at the time that he was allowed to leave, the injury risk had to also be there, and I must say I'm glad someone else has to deal with that. Now, about Vernon Wells ... Rivera still has a higher OPS+. Embarrassing.)

Have I mentioned the Angels are tied for first place in the division? No?

ESPN BoxAngels recap

Frank Goes After Bud: Discoveryrama!

Not too surprising, given Frank's decreasing lack of options. And who knows but that other teams are run this badly (I have always imagined it at least a possibility) but that Frank's case, being more heavily leveraged, merely came a-cropper first. I plan on pouring a nice glass of pinot grigio and enjoying the show from a distance.

Roster Moves

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Sunday, July 03, 2011

Unlike McCourt, Weaver Owns The Dodgers: Angels 7, Dodgers 1

I haven't written a game recap in weeks, certainly not since my trip to Pittsburgh and environs. This particular game was interesting most in how the Dodgers failed to do much of anything against Jered Weaver, who pretty much had their number from beginning to end, save for a mildly troublesome fifth, wherein he gave up a leadoff double to James Loney, the only extra-base hit the Dodgers sniffed off him the whole night. Of course, this is the third game in the last month in which he's given up six or more earned runs. That by itself isn't so terrible, though the recent frequency is a bit disturbing.

Dee Gordon got charged with two errors, both throwing, and both ended up allowing a run to score. Clayton Kershaw just couldn't catch a break on his defense, and Weaver pretty much had everything going his way. As Mat Gleason wrote after the game, Weaver did what Frank McCourt cannot: own the Dodgers.

ESPN BoxMLB.com recap

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Friday, July 01, 2011

Ramon Ortiz Gets A Northside Callup

The ex-Angel is 38 years old, and as Matthew Pouliot points out, Ortiz could be one of three pitchers with more than 1,300 innings pitched with a career ERA over 5.00. (He currently stands at 4.93 ERA in 1389.2 IP, with a 85-82 record in 212 starts.)

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It's All Frankruptcy, All The Time

When I started this blog in 2004 — seven years ago! — my main aim was to see Frank and Jamie to the door, and hopefully to restore sane ownership to the team I grew up cheering for. Even though events of the last year or so have pushed toward new ownership, there hasn't been a single break that would signal the end of the McCourt era. Instead, we suffer through many small ones, watching the franchise be cut, not in two, but with a thousand small nicks, as a man at a bloodletting.

It seems to me that two openings are possible at the end of all this: either we are stuck with Frank or we are not. In the latter case, the all but uniform desire of Dodgers fans, we are left with an unknown owner or owners, though hopefully better capitalized and more intelligent and resourceful. But in the former case, we get slow dissipation by overleverage. Too, such an outcome must necessarily come at the cost of the near-total evisceration of the Commissioner's office; what penalty could he then bring against a truly rogue owner?

I cheer, as always, for the second option, for new owners no matter their quirks, hoping against hope that the team isn't delivered into a different sort of hell.

On to the day's bullet points (I was sick yesterday):

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