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The Shape of Things to Come???

Frayed Knot Apr 20 2011 03:47 PM

MLB will take over the Dodgers and appoint a group to oversee the day to day operations. This obviously stems from the problems arising from the acrimonious divorce involving the McCourts.

TransMonk Apr 20 2011 03:50 PM Re: The Shape of Things to Come???

WOW! I didn't know it was quite that bad in LA.

LeiterWagnerFasterStrongr Apr 20 2011 03:52 PM Re: The Shape of Things to Come???

Co-owner Type As in the middle of a divorce is one kind of shitshow. One would presume that the Wilpons' sort would have a slightly more tidy, less protracted resolution.

G-Fafif Apr 20 2011 03:54 PM Re: The Shape of Things to Come???

LeiterWagnerFasterStrongr wrote: Co-owner Type As in the middle of a divorce is one kind of shitshow. One would presume that the Wilpons' sort would have a slightly more tidy, less protracted resolution. Well, Jeff has been spotted with a whistle and a clipboard.

Valadius Apr 20 2011 04:31 PM Re: The Shape of Things to Come???

Selig told Los Angeles Dodgers owner Frank McCourt that he will appoint a representative to oversee all aspects of the business and the day-to-day operations of the club. "I have taken this action because of my deep concerns regarding the finances and operations of the Dodgers and to protect the best interests of the club," Selig said Wednesday in a statement. The Los Angeles Times reported this week that Frank McCourt had arranged a $30 million loan from Fox, the team's television partner. Selig has not approved a new longterm contract between team and Fox, and the Times said the money was needed to make payroll. Selig said he will appoint his representative within a few days. "My office will continue its thorough investigation into the operations and finances of the Dodgers and related entities during the period of Mr. McCourt's ownership," Selig said. "The Dodgers have been one of the most prestigious franchises in all of sports, and we owe it to their legion of loyal fans to ensure that this club is being operated properly now and will be guided appropriately in the future." Selig's move might be seen by some as a precedent should the New York Mets have additional financial problems. With owners Fred Wilpon and Saul Katz under pressure from a lawsuit tied to the Bernard Madoff swindle, the Mets borrowed $25 million last year from Major League Baseball. Unlike the McCourts, Wilpon is a longtime friend of Selig. The situations are slightly different when you get right down to it. Both clubs seem to have significant financial liquidity issues. The big difference here, I imagine, is that the day-to-day running of the Dodgers has become completely untenable, while the Mets, absent their financial woes, can at least run their ballclub.

seawolf17 Apr 20 2011 06:17 PM Re: The Shape of Things to Come???

Hey MLB, I have a bunch of vacation days I can use after May 1, and I did win my fantasy baseball league last year. Just sayin'.

Edgy DC Apr 20 2011 06:21 PM Re: The Shape of Things to Come???

Crazy report. This flagship of a franchise worth a billon dollars gets effectively absorbed, the story is not whether this is a precedent for the Mets.

RealityChuck Apr 21 2011 06:55 AM Re: The Shape of Things to Come???

Valadius wrote: Selig told Los Angeles Dodgers owner Frank McCourt that he will appoint a representative to oversee all aspects of the business and the day-to-day operations of the club. "I have taken this action because of my deep concerns regarding the finances and operations of the Dodgers and to protect the best interests of the club," Selig said Wednesday in a statement. The Los Angeles Times reported this week that Frank McCourt had arranged a $30 million loan from Fox, the team's television partner. Selig has not approved a new longterm contract between team and Fox, and the Times said the money was needed to make payroll. Selig said he will appoint his representative within a few days. "My office will continue its thorough investigation into the operations and finances of the Dodgers and related entities during the period of Mr. McCourt's ownership," Selig said. "The Dodgers have been one of the most prestigious franchises in all of sports, and we owe it to their legion of loyal fans to ensure that this club is being operated properly now and will be guided appropriately in the future." Selig's move might be seen by some as a precedent should the New York Mets have additional financial problems. With owners Fred Wilpon and Saul Katz under pressure from a lawsuit tied to the Bernard Madoff swindle, the Mets borrowed $25 million last year from Major League Baseball. Unlike the McCourts, Wilpon is a longtime friend of Selig. The situations are slightly different when you get right down to it. Both clubs seem to have significant financial liquidity issues. The big difference here, I imagine, is that the day-to-day running of the Dodgers has become completely untenable, while the Mets, absent their financial woes, can at least run their ballclub. If you call what they're doing "running a ballclub."

soupcan Apr 21 2011 07:05 AM Re: The Shape of Things to Come???

Edgy DC wrote: Crazy report. This flagship of a franchise worth a billon dollars gets effectively absorbed, the story is not whether this is a precedent for the Mets. Maybe not to Dodger fans and the general public but it is to Mets fans.

Benjamin Grimm Apr 21 2011 07:13 AM Re: The Shape of Things to Come???

soupcan wrote: Maybe not to Dodger fans and the general public but it is to Mets fans. I agree with that. I don't give a rat's ass what happens to the Dodgers. My only interest in this is if it has anything to do with the Mets future.

Edgy DC Apr 21 2011 08:08 AM Re: The Shape of Things to Come???

Well, I don't know the source of the report and don't know if it was aimed at Mets fans. I guess the current difference is that nobody knows who they are answering to in the Dodgers' organization.

soupcan Apr 21 2011 08:10 AM Re: The Shape of Things to Come???

I think Vlad took it from A New York Times article this a.m. So it definitely had a local slant to it.

Ashie62 Apr 21 2011 07:33 PM Re: The Shape of Things to Come???

Sporting News opines MLB "might" take over Mets [url]http://aol.sportingnews.com/mlb/story/2011-04-21/mets-could-be-next-item-on-bud-seligs-to-do-list?icid=main%7Chtmlws-main-n%7Cdl4%7Csec3_lnk2%7C210510

Benjamin Grimm Apr 21 2011 08:29 PM Re: The Shape of Things to Come???

The Sporting News??? What does the Saturday Evening Post have to say? Or how about Look magazine?

LeiterWagnerFasterStrongr Apr 21 2011 08:47 PM Re: The Shape of Things to Come???

A lot of things could happen. "Thor" could win next year's Oscar for Best Picture. Iceland could win a World Cup. The next First Lady could be a farm animal.

MFS62 Apr 21 2011 09:36 PM Re: The Shape of Things to Come???

MLB takes over a franchise with financial problems? Maybe they can move them to Montreal. Later

Ashie62 Apr 22 2011 07:41 AM Re: The Shape of Things to Come??? Edited 1 time(s), most recently on Apr 22 2011 07:47 AM

LeiterWagnerFasterStrongr wrote: A lot of things could happen. "Thor" could win next year's Oscar for Best Picture. Iceland could win a World Cup. The next First Lady could be a farm animal. Snarky today?

Edgy DC Apr 22 2011 07:43 AM Re: The Shape of Things to Come???

Read that article, though. There's not one source. He repeats everything we know.

LeiterWagnerFasterStrongr Apr 22 2011 07:44 AM Re: The Shape of Things to Come???

OE: What Edge said.

Edgy DC Apr 22 2011 07:45 AM Re: The Shape of Things to Come???

And when I write "he," I realize I better check back for a byline. And it's "Staff Report." It took a staff to assmeble that?