The Shape of Things to Come???

[Frayed Knot]

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]

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

[Guest LeiterWagnerFasterStrongr]

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]

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]

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]

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'.

[Guest Edgy DC]

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]

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]

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]

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.

[Guest Edgy DC]

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]

I think Vlad took it from A New York Times article this a.m.

So it definitely had a local slant to it.

[ashie62]

Sporting News opines MLB "might" take over Mets

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]

The Sporting News???

What does the Saturday Evening Post have to say?

Or how about Look magazine?

[Guest LeiterWagnerFasterStrongr]

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]

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

Later

[ashie62]

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?

Edited April 22, 2011 by Guest

[Guest Edgy DC]

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

[Guest LeiterWagnerFasterStrongr]

OE: What Edge said.

[Guest Edgy DC]

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?