---
It tells you most everything you need to know about the Dodgers' ownership troubles that I could fall off the face of the earth for two months, and come back to learn that not a whole lot has changed. Of course, that's not true: I've stayed abreast of the happenings, and in touch with folks close to the situation. But still, I definitely haven't spent much time here.
So what's happened? Well, I took the bar, started my new job, passed the bar, and got sworn in (just today, in fact!).
Oh, but you didn't mean me.
The most relevant quote is one that bounced around last week, when Los Angeles County Superior Court Judge Scott M. Gordon acknowledged that "[u]ntil it gets out of bankruptcy, the baseball team cannot be sold by this court." That reflects, of course, one of Frank McCourt's chief aims in filing for bankruptcy in the first place: it put an effective freeze on the disposition of the team.
So it appears the Dodgers will head into a third consecutive offseason with the ownership question still hanging over the proud franchise's head.
If October 2009 was about revelations and October 2010 about non-resolutions, what will October 2011 bring? The bankruptcy trial is making slow progress (which is, in many ways, the idea). The divorce litigation won't refocus on the case's most compelling issue until the calendar flips to 2012. The team is somehow thoroughly out of contention despite having viable candidates for both the National League Most Valuable Player and Cy Young Awards.
.500 seems a perfectly appropriate record for a team coasting down a hill in neutral on its way to a third winter of paralysis-by-divorce. The club seems neither to be coming nor going, neither contending nor rebuilding. That will all change, of course. Someone, Frank McCourt or otherwise, will get to sell the club's TV rights. At some point, the club will win again, and winning will bring people back to the Stadium. You can't keep a team with the Dodgers' built-in advantages down forever. But, my goodness, can you try.
---
Monday, September 19, 2011
Subscribe to:
Post Comments (Atom)
Can you do some investigative reporting and determine after the season is over the amount of Debt that is included in the Dodger's MLB CBA Debt to EBITDA formula, determine the average amount of EBITDA for 2010 and 2011, and then tell us how much the player payroll must be reduced unless Bud grants a waiver regarding the failure of the Dodgers to meet the Debt to EBITDA formula?
ReplyDeleteFirst off, Josh, congratulations on your Esquire. Numerous future clients will be in good hands. Which reminds me, I still have this little Worker's comp thing on.....
ReplyDeleteBut seriously, I have been waiting here with baited breath since late July. No, literally. I haven't left this site since your last post and have atrophied into the arm chair. Your voice has been sorely missed, not being beholden to any Big Brother entity. Pravda has nothing on the U.S. media, believe me.
I have not wavered from my belief that McCourt is now here to stay, without question. I cannot see any circumstance where a federal judge would alter the landscape of bankruptcy law to prevent a legitimate restructuring by preventing a TV auction WITH FRANK MCCOURT AS OWNER. It immediately begins the lubrication of debt remuneration, provides a 45 day window with FOX to negotiate in good faith, and then moves this entire process forward with an eye on the approximately $175 Mil surplus that Bennett claims will be available as well. Why in the name of Zeus would Selig want to thwart such a process by attempting to oust him after Chapter 11 ends? He cannot do so at all during the process, has absolutely no authority to trump Gross, and invites a potentially disastrous lawsuit exposing Baseball's hallowed books, not to mention extends this insanity, not to mention the ACTUAL scandal in Baseball-the New York Mets.
As far as the future of the team for '12, we are not that far away, Josh. This team has played .750 ball since your last post, and seems to have turned a major corner heading into the off-season. At the end of the day, the Dodgers will most likely end up at .500, be close to 3 million in total attendance, and finish in a solid third place. Not bad for the complete smear campaign that the Orwellian MLB front office has funded since the season began.
p.s. I also cannot see Gordon halving the Dodgers to Jamie under any circumstances, especially after all the mishugas.
ReplyDeleteTony, I can't see the judge letting Frank McCourt to mortgage the Dodgers future again, and if so he would be letting Frank back in the same situation 6 years later in bankruptcy court.
ReplyDeleteIf Frank can actually negotiate with Fox and receive a nonfundable $300 mil signing bonus that under no circumstances will be characterized as a prepayment of revenue and therefore not a DEBT under GAAP and therefore not a Debt under the MLB CBA then Frank can actually win this mess. What far too many people are not talking about is that the Family Law court does not always order an in-spouse to immediately pay any amounts due to their spouse regarding the out-spouse's value of community or separate property family business. For instance, Jamie could agree to be a minority owner with a put call that in five years requires Frank to purchase her interest for a set amount or for a prorata value as of that future date. Unfortunately this is not over for Frank. It may just be up to Fox who owns the Dodgers in 2013.
ReplyDeleteWhat Ken said. However, I think the TV auction is going to be precedent setting. Watch out for Univision quietly swooping in with a historic offer. Just a gut feeling.
ReplyDeleteTony and Ken. Are you sure you are not the great Mark Timmons? Do you really think as of now will give Frank $300 for nothing? Didn't Fox give Frank almost all the money to buy the team when he was married to Jaime? Wasn't Jaime an officer of the Dodgers since the McCourts bought the team? Some of these comments on this sight now are just a big joke.
ReplyDeleteWhat happened to all the great bloggers who use to blog on this site?
ReplyDeleteI can remember the LA Times stories -- before the divorce mess, financial debacle and other legal entanglements -- that warned readers that Frank McCourt was a lawsuit landmine in his previous life before the Dodgers. Why this didn't get through the thick-headed skulls of MLB is an unbelievable question. To me, it shows that the commissioner and his underlings have no true understanding on how to run baseball. They should have done their homework.
ReplyDeleteMLB seems to do just fine no matter how many bumbles are made. Baseball fans are junkies, and they will keep coming. I am no lawyer, and only modestly successful in business, but this McCourt character stunk it up from the very beginning. His history was transparent for any and all to see, but in the door he comes. Once the rats have nested, it is often extremely difficult to get them out. I feel for all Dodger fans for as long as this guy is in the owner's box, the Dodgers will remain irrelevant.
ReplyDeletethe bloggers are still here, they are just waiting for something different to happen before they respond. McCourt is playing his ace of spades with the TV rights, he holds no other cards. Now either the court grants it or denies it, but until then we are still in a holding pattern
ReplyDeleteI like that name. Thanks, Anon!
ReplyDeleteI have said what you are saying from the beginning. It would be nice if he were going, but he is still there.
He has a couple of more cards to play if the TV deal gets denied.
Peace!
Does his arrogance really have to be added to every website?
ReplyDeleteI am familiar with The Great Mark Timmons work. He knows water, but, everything else in his words suggests he sees things through blue glasses.
ReplyDeleteMLB wants McCourt gone, every Dodger fan from Santa Monica to Brooklyn wants him gone, and S.F. Giants fans are laughing their collective asses off.
If MLB could do something, they would. I fear McCheeseball has them over a barrel.
Wow! Someone has a really limited and unimaginative juvenile vocabulary.
ReplyDeleteAmazing post!
ReplyDeleteSo nice post!
ReplyDeleteReally good work!
ReplyDeleteThanks for the great info. I’ll be implementing much of this soon!
ReplyDeleteBecause almost everything — all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important.
ReplyDeleteReally good content.
ReplyDeleteI found your post very interesting. I’ve bookmarked this page and will visit again. Thanks!!!
ReplyDeleteThank you for this great information, you write very well which i like very much. I am really impressed by your post.
ReplyDeleteYou posted editorial Back in the game; three Octobers. which gives users bunch of information concerning meticulous subject recognition for this allocate.
ReplyDeletethis post is very nice and interesting one to read.
ReplyDeleteI adore examining and I believe this website got some really useful stuff on it! .
ReplyDeleteCheap essay papers
Your concept is very much innovative and impressive as well……..
ReplyDeletedubai offshore companies
Thank you for writing such a wonderful article!
ReplyDeleteReal informative and excellent anatomical structure of content material , now that’s user pleasant (:.
ReplyDeleteInternational Business Company RAK
Cool thing! thanks for sharing
ReplyDeleteminute but I have saved it and also included your RSS feeds, so when I have time I will be back to read a lot more, Please do keep up the great work.
ReplyDeleteoffshore companies in dubai
I'll probably be once more to read much more, many thanks that info. http://www.pills-research.com/
DeleteI would personally say that it's perfect for everyone wants to know about it.
ReplyDeleteI like to browse in various places on the online world, often I will just go to Digg and read and check stuff out…
ReplyDeleteMore such like this!
ReplyDeleteThe strategies stated in this article about to increase traffic at you own web site are really nice, thanks for such pleasant post.
ReplyDeletehomecare
keep up a good work!
ReplyDeleteNice job!!!! I like your style of writting!!
ReplyDeleteOn account of the writer, exceptionally exceptional at composing verses, I'll read it consistently
ReplyDeleteI really liked your blog! It helped me alot¡¬ Awesome. Exactly what I was looking for. Thanks!
ReplyDeleteThank you very much for writing such an interesting article on this topic. This has really made me think and I hope to read more.
ReplyDeleteessay writing
check these sites below:
ReplyDeletecomments
comments
airtel comments
Your blog is giving me very important information for my health .i realy like it .Thanks a lot.
ReplyDeleteOn account of the writer, exceptionally exceptional at composing verses, I'll read it consistently
ReplyDeleteI have read your article and It was really very excellent to understand and very useful for other reader who intrested on this topic. its very nice.
ReplyDeleteWhen you have positive outlook, you see things straight to your goals, ending up to a big success.
ReplyDeleteHi, Awesome submit. Likely to matter using your website around internet ie, may well analyze this particular? Web browser is still the marketplace chief and also a massive percentage of many people will leave from the impressive publishing because of this issue.
ReplyDeleteI think which is on the list of a lot information to me. With this particular joyful studying the write-up. However ought to declaration on very few normal troubles, The web page design and style is ideal, your articles or blog posts is really great : D. Great practice, many thanks
ReplyDeleteI think which is on the list of a lot information to me. With this particular joyful studying the write-up. However ought to declaration on very few normal troubles, The web page design and style is ideal, your articles or blog posts is really great : D. Great practice, many thanks
ReplyDeletehave read your article and It was really very excellent to understand and very useful for other reader who intrested on this topic. its very nice.
ReplyDeleteBeneficial information. Lucky me personally I stumbled upon your website out of the blue, and i am astonished the reason this kind of collision did not occured sooner! My spouse and i book marked the item.
ReplyDeleteHi, I stumbled upon your internet-site by using Bing while looking for a related topic, your website surfaced, seems like very good. I have saved as a favorite for you to favourites features|included with bookmarks.
ReplyDeleteI just wanna thank you for sharing your information and your site or blog this is simple but nice article I've ever seen i like it i learn something today.
ReplyDeleteI most certainly will at once grab your rss when i can't find your current e-mail ongoing hyperlink as well as e-zine service. Do you possess virtually any? Generously enable myself recognize so I really could subscribe. Cheers.
ReplyDeleteI found your blog post and like it. I’m impressed.You’re truly well informed and brilliant.I appreciate your effort to write this great blog.I think this blog provides informative information . Thanks for sharing such a nice blog post.
ReplyDeleteUseful information. Fortunate me I discovered your site accidentally, and I'm stunned why this accident did not took place earlier! I bookmarked it.
ReplyDeleteVery useful and informative post. Thanks for sharing.
ReplyDeleteStaying focus and positive are things you need to move forward and see success in life. Incredibly interesting indeed.
ReplyDeleteYour article is a mixed feeling. But it remains the best in his own style.
ReplyDeleteWonderful blog site. I actually loved browsing your current posts. I am looking through fresh content articles.Upholstery Cleaning
ReplyDeleteAmazing guidance now, I am typical specified person of your after as well as take pleasure in anyone bothering to stay a new fabulous post.Gold Coast Holiday Rental
ReplyDeleteEmploying fine posting. This level of detail incorporated bundle instructions and also this kind of conversations maintains subscribers input to your having and then to do upon phrase Dental Crowns.
ReplyDeleteGood quality details listed here. Groundbreaking, I was appreciating viewing personnel 7 days a week. Once concerning for my situation bought an entire smaller from their website Best Home Based Business Opportunity.
ReplyDeletePlease acknowledge "the video speaks more to the lack of understanding of the author of Atkins than a reflection of the diet itself."
ReplyDeleteadvertising | top advertising agencies in Pakistan | Marketing Agency | Advertisement
Thank you for other sorts of helpful internet site. The location more may possibly I get that kind of info developed in this sort of best tactic? I've a venture i'm merely currently managing with, we have been in the view away intended for such information.
ReplyDeleteMagnificent site. Lots of helpful information here. I am sending it to a few friends ans also sharing in delicious. And obviously, thank you in your sweat! Great article!
ReplyDeleteImportant facts. Fortunate me personally I discovered your web site by accident, exactly what astonished exactly why this coincidence failed to happened upfront! I book-marked that. Thanks for sharing with us!
ReplyDeleteWonderful beat ! I would like to apprentice whilst you amend your web site, how can i subscribe for a weblog web site? The account helped me a applicable deal. I had been tiny bit acquainted of this your broadcast provided shiny transparent thought. Thanks a lot!
ReplyDeleteSimply want to say your article is as amazing. The clearness to your post is just great and i can think you are knowledgeable on this subject. Well with your permission let me to grab your RSS feed to keep up to date with forthcoming post. Thanks 1,000,000 and please carry on the gratifying work. Great job!
ReplyDeleteI just such as the helpful information people deliver as part of your content. I'm going to search for your web site plus check one more time right here often. I'm rather specific We will be told quite a few fresh stuff correct here! All the best . for the! Great article!
ReplyDeleteDecent write-up. A new website page presents lots of ideas so which i bookmarked this fabulous website around upcoming new post. Thanks Gold Coast Apartments
ReplyDeleteComfortable blog post. I just now discovered your website as well as wished to recognize I did legitimately love searching your web blog post Gold Coast Holiday Rentals
ReplyDeleteI thought it absolutely was progressing to be some boring recent post, however it extremely paid for my time. i will be able to post a link to the current page on my web log. i'm certain my guests can notice that terribly helpful. Adult Braces
ReplyDeleteAmazing Blog Post. Blog Post provide acceptable obsession. The offer impacts on numerous standard worries of your brain. Tile And Grout Cleaning
ReplyDeleteI thought it had been going to be some boring previous post, but it very stipendiary for my time. able to|i'll} be able to post a link to the current page on my diary. i am bound my guests will notice that very useful. Gold Coast Accommodation Apartments
ReplyDeleteI was quite happy to hunt out this web site. I required to thanks for this nice post!! i am without doubt enjoying every little bit of it which I actually have you ever bookmarked to establish out new stuff you post. Burleigh Heads Apartments
ReplyDeleteIndian Packers and Movers in Mumbai is Maharashtra based organization that offers professional packing services, professional moving services for your packing and moving requirements throughout Mumbai. ( We take pride in offering great packing & moving services at reasonable prices. ) All our employees are experienced, courteous and careful. We offer personalized service for any kind of relocation.
ReplyDeletePackers and Movers in Mumbai
Packers and Movers in Vangaon
Packers and Movers in Dhanu Road
Packers and Movers in Mumbai CST
Packers and Movers in Masjid
Movers and Packers in Mumbai
Packers and Movers in Sandhurst Road
Packers and Movers in Byculla
Packers and Movers in Chinchpokli
Packers and Movers in Currey Road
ReplyDeleteIndian Packers and Movers in Mumbai provide service right from picking up parcels from your desk to delivery at the destination door step, including taking care of all related matters. ( Packers and Movers in Mumbai providing 24X7 customer care service for its new and lifetime valuable clients. )
Packers and Movers in Mumbai
Packers and Movers in Dadar
Packers and Movers in Thane
Packers and Movers in Panvel
Packers and Movers in Kharghar
ReplyDeleteA lesser known fact about packers and movers in India is the level of disorganization in the industry, which is the main reason there are so many unprofessional and fake movers who take up relocation jobs and either provide horrible service or vanish with the household items all together.
Movers and Packers Hyderabad
Movers and Packers in Kondapur
Movers and Packers in Gachibowli
Movers and Packers in Kukatpally
Movers and Packers in Chanda Nagar
Movers and Packers in Manikonda
ReplyDeleteTherefore, the most crucial thing to look out for when searching for Hyderabad packers and movers is their level of reliability. However, it’s not only difficult to find best packers and movers Hyderabad but also to differentiate the right ones from the wrong guys. The ideal solution to avoid such a situation is to search for packer and movers Hyderabad within your budget and do thorough research about each company you interact with, before hiring them.
Packers and Movers in Hyderabad
Packers and Movers in Jubilee Hills
Packers and Movers in Banjara Hills
Packers and Movers in Kondapur
Packers and Movers in Madhapur
Packers and Movers in Gachibowli
Packers and Movers in Chanda Nagar
Indian Packers and Movers in Mumbai provide service right from picking up parcels from your desk to delivery at the destination door step, including taking care of all related matters. ( Packers and Movers in Mumbai providing 24X7 customer care service for its new and lifetime valuable clients. )
ReplyDeletePackers and Movers in Mumbai
Packers and Movers in Dadar
Packers and Movers in Thane
Packers and Movers in Panvel
( A Packers and Movers in Mumbai is committed to give you complete solution to all your relocation or logistics needs in Mumbai. ) Packers and Movers in Mumbai has a large and spacious storehouses purely dedicated for inventory management along with warehousing of various household goods official goods.
ReplyDeleteMovers and Packers in Mumbai
Packers and Movers in Grant Road
Packers and Movers in Mumbai Central
Packers and Movers in Mahalaxmi
Packers and Movers in Prabhadevi
Packers and movers hyderabad are one amongst India’s leading Surface transporters with over 20 and years during this business our name speaks for our performance. With a team of trusted associates and experienced workers we guarantee to understand our roads and stretch our limits to deliver to your desires and on time.
ReplyDeleteMovers and Packers in Kondapur
Movers and Packers in Gachibowli
Movers and Packers in Kukatpally
Movers and Packers in Chanda Nagar
Movers and Packers in Manikonda
With the modification in the economic state of affairs, factors like globalization of markets, international economic amalgamation, reduced obstacles to business and trade and increase in competition have given rise to the requirement of transportation. It has become one of the most vital infrastructural essential for the expansion of business in today’s era.
ReplyDeletePackers and Movers in Jubilee Hills
Packers and Movers in Banjara Hills
Packers and Movers in Kondapur
Packers and Movers in Madhapur
Packers and Movers in Gachibowli
Packers and Movers in Chanda Nagar
scrabblewordfinder
ReplyDelete