before going to Dallas and facing our supposed rivals the Rangers in the Interleague silliness.
After getting stomped by the Pirates, who are actually starting to look like a .500 team, as opposed to a .400 team, we managed to take 2 from the Dodgers, who are currently supposedly unaffected by the little problem caused by Frank McCourt’s flagrant looting of the franchise. Remember how he got this loan from Fox of 300 mill and he said publically AND on the record that wouldn’t none of that $$$ be used for personal use, just to put into the club?
Uh hunh, suurrrre. Check out reporter Steve Dilbeck:
“The $300 million I made clear to baseball today, that the entirety of the $300 million is going directly into the Dodgers as equity,” McCourt said April 27th. “None of those dollars is being used in any personal way. I would be happy to make that commitment in writing.”
Well, he did make a commitment in writing Friday in his “divorce settlement,” though the money to be loaned by Fox up front had somehow mushroomed to $385 million.
And per the divorce agreement, out of that $385 million: $5 million would go each to Frank and Jamie McCourt to cover attorneys’ fees (hey, they stayed up to 3 a.m. Friday); each would get $5 million to do with as they please (down payment on another villa!); $23.5 million would repay Frank for the personal loan he acquired to make payroll (think that $30 mil Fox already loaned him); $80 million will be used to pay off debt (well, a little of it); and $50 million will be placed into an account subject to the court’s orders (no, not for a left fielder, it’s just-in-case money).
Grand total: $173.5 million.
Otherwise, not a cent of the TV money will be for personal use! Other than that $173.5 million.
I don’t know, other than that, I’m sure MLB is convinced Frank is reformed, has learned all those valuable lessons and will always put the Dodgers first. I mean, why wouldn’t they take Frank at his word?
- why am I mentioning all this stuff? Because Frank wants to hang on for dear life and he is constantly being exposed as a liar – and a liar who has no money except for a proposed Fox deal which might could be all KINDS of bad news in the not to distant future. Frank, you see, was highly leveraged when he was allowed to buy the franchise.
And he had more collateral than jim Crane. Maury Brown, whose expose in Forbes I linked to last entry, notes that although the Houston media is absolutely silent, that the Chicago Tribune had something to say:
“Despite an unflattering profile in Forbes Magazine, which details a long history of employment complaints from minorities and women, Houston businessman Jim Crane still appears on track to be approved as the Astros’ new owner. However, one source said Major League Baseball staffers are investigating one allegation raised in the story, with an outside chance it could complicate the transfer.
MLB long ago vetted Crane, who was involved in attempts to purchase the Cubs and Rangers, and excused him in almost all of the cases Forbes raises. But at least one element of the story surprised Selig’s staff, requiring additional legwork.
The source denied Crane is under additional scrutiny because of the troubles of the Dodgers’ Frank McCourt and Chuck Greenberg, whom Nolan Ryan and their other partners bought out within his first year of owning the Rangers.”
- Maury himself said he had another piece of information which he did NOT publish because he couldn’t find a second corroborating source, but I hope it is something that will keep Buddy boy from letting this sale go through because he just might could NOT want another repeat of what is going on in LA.
The Dodgers looked dispirited – I men, yeah, I know you don’t look happy when you get 4 hit by a guy with a 5+ ERA, or shutout by Wandy and bullpen – and Wandy didn’t have his best stuff again, but managed to throw 6 scoreless with 7 H, 2 walks and a GIDP. Bud Norris threw 6 innings of 1 hit 1 walk shutout ball and got a ND for his trouble.
Good news is that Chris Johnson has started hitting better. Not sure yet if Pence will be able to play with his lebow problem – too many athletes won’t rest injuries, then they get even worse…
Sorry about the no posts this weekend – we were enjoying a weekend off in Galveston and I just didn’t have the energy left over to stay up, watch the remainder of the late games then write. Yet ANOTHER reason why I don’t want my team in the West whether it’s NL or AL…