The Dodgers Bankruptcy: A Q&A

As I reported here yesterday morning, the Los Angeles Dodgers and four affiliated companies filed for Chapter 11 bankruptcy yesterday morning in Delaware Bankruptcy Court. The Dodgers’ mess is now in the hands of a bankruptcy judge located roughly 2,800 miles from Dodger Stadium.

Last week I wrote at length on why Dodgers’ owner Frank McCourt should be removed as owner of the Dodgers. Absent the bankruptcy filing, Major League Baseball would probably have seized control of the Dodgers later this week, once McCourt failed to meet his June 30 payroll. But the bankruptcy filing changes everything.

To explain what’s going on, I’ll answer questions I’ve seen asked in the media and on the internet.

With the bankruptcy filing in place, what happens now?

Let’s talk first about what doesn’t happen now. The Dodgers’ bankruptcy filing imposes an “automatic stay”, temporarily preventing nearly all action that might otherwise be taken by creditors against a company in bankruptcy. The automatic stay provides a debtor with a breathing spell. It buys time. As Maury Brown of said today, it puts the team into a “holding pattern”.

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If the Dodgers had a fire-sale…

So, the Dodgers filed for bankruptcy yesterday. Immediately, this doesn’t really have much of an impact of the Yankees and I’m not nearly well versed enough to understand the nuances and intricacies of bankruptcy and finance and all that stuff, so let’s just pretend for a second that the Dodgers were going to have a fire-sale and just start getting rid of everyone of any value in order to save some dough. Disclaimer, and I’m going to make this all bolded and caps locked and italicized and what not: I AM NOT SAYING ANY OF THIS STUFF IS GOING TO Continue reading If the Dodgers had a fire-sale…

The Brew Crew Comes to Town: A World Series Preview?

Here’s a trivia question.  Which team has the most productive trio of hitters in 2011?

Grandy, A-Rod, and Teix set a pretty high bar with 164.1 wRC and an Offensive WAR of 7.2, but are eclipsed by their AL East rivals.  Adrian Gonzalez, David Ortiz, and Kevin Youkilis have posted 180.7 wRC and an oWAR of 8.9.

However, the best trio in the majors does play baseball in the Bronx this week, as the Milwaukee Brewers come to town, led by Prince Fielder, Ryan Braun, and Rickie Weeks, who have combined to post a 186.1 wRC and a 9.7 oWAR in 2011.

The series features two teams with a competitive history and, perhaps, a contentious future.

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Series Preview | Yankees vs. Brewers: Welcome to the Bronx

The Yankees’ second-to-last Interleague set finds them facing former AL foe the Milwaukee Brewers this week at home. Since moving to the National League after the 1997 season, the Yankees have actually only faced the Brewers once in Interleague play, back in 2005 in Milwaukee. This was a surprise to me, as I’d thought the Dodgers were the only team since Interleague play kicked off in 1997 to not have visited Yankee Stadium, but it appears that this is Milwaukee’s first-ever trip since switching leagues. Coming off a sweep of the Twins, the NL Central-leading Brew Crew boasts the second-best Continue reading Series Preview | Yankees vs. Brewers: Welcome to the Bronx

The Farm Report 6/27/2011: Wins top to bottom

As the big league team has the night off, their third off day in a week thanks to the rain out in Cincinnati last week, here’s an update on how the minor league affiliates did tonight.

Triple-A Scranton defeats Durham 4-3 in 10 innings

D.J. Mitchell pitched 6 innings and allowed 5 hits and a walk while striking out 4, but the hero of this game was second baseman Luis Nunez, who went 3-for-5 with a couple of doubles and 3 RBI. Nunez entered the game hitting just .151/.194/.172. He raised his average to .173 with tonight’s performance.7 of the team’s 9 starters collected a hit tonight, including Jesus Montero, who went 1-4 as the designated hitter.

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Open Thread | TYA Mobile App! and Matt Warden news

Some very exciting news around these parts: Yankee Analysts readers with Android-based smartphones can now download our brand-new TYA app from the Android app store, absolutely free! Everything you know and love about TYA is now literally a click away on your mobile device, so stop reading this and go download the app now. The app is currently under review by Apple and should be available for iPhone users later this week. Be sure to click here to go to the Android app store and download The Yankee Analysts’ mobile app, which was graciously developed by the tremendous folks over Continue reading Open Thread | TYA Mobile App! and Matt Warden news

Links: Injured Players, Defense, Posada, Logan, and "Pitchers They've Never Seen"

There are a bunch of of stories and blogposts that I wanted to highlight today, so let’s do a link-around: 1) Larry Rothschild watched Phil Hughes throw a bullpen session yesterday, and sounded encouraged by the results: “There was a clear difference with the way the ball was getting to the plate,” Rothschild said. “Now it’s just a matter of going through kind of a spring training type thing to get ready. We’re not going to rush it but when he’s ready he’s ready.” Bartolo Colon also threw some pitches over the weekend: “I heard he threw all of his Continue reading Links: Injured Players, Defense, Posada, Logan, and "Pitchers They've Never Seen"

Colon could return for Mets series

Via George King, Bartolo Colon threw 60 pitches in a simulated game this morning, and could be back on the mound for the Bombers as early as this weekend when the Yankees face the Mets, though the team is considering giving him a rehab assignment prior to returning. Remember though, Colon suffered a strained hamstring, not an arm injury, so the fact that his hamstring is apparently holding up is excellent news. Any rehab starts would likely just amount to a tune up for Colon.

Derek Jeter also resumed baseball activities, taking batting practice and running on his strained calf for the first time.
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Fans, FOX Could Tilt the Balance in McCourt’s Battle with Baseball

(The following is being syndicated from The Captain’s Blog). After being backed into a corner by Commissioner Bud Selig, Los Angeles Dodgers’ owner Frank McCourt lashed out at Major League Baseball by filing for Chapter 11 Bankruptcy. That’s what rats do. According to a press release released by the Dodgers, McCourt justified his decision by claiming that Selig’s refusal to approve a tentative media rights deal with FOX Sports was detrimental to the team. “I simply cannot allow the Commissioner to knowingly and intentionally be in a position to expose the Dodgers to financial risk any longer,” McCourt stated. If anything, the reckless Continue reading Fans, FOX Could Tilt the Balance in McCourt’s Battle with Baseball