To retain ownership of the Los Angeles Dodgers, owner Frank McCourt must overcome two formidable obstacles laid out in a binding settlement he and his ex-wife Jamie reached Friday in their contentious divorce.
McCourt must first receive Major League Baseball’s approval of a 17-year television contract with Fox reported to be worth up to $3 billion. Under the settlement, McCourt would receive $385 million upfront, most of which would be used for Dodger-related expenses.
Baseball Commissioner Bud Selig has given no indication if he would approve the deal, but McCourt said MLB officials have asked him to meet select criteria.
“Baseball has been very clear,” McCourt said outside court. “They wanted to see this divorce settled, and all this white noise gone, or they wanted Jamie’s consent for the Fox transaction or they wanted a judge to give them an order to move forward. Today we have achieved all three.”
In addition to the TV deal, the settlement called for a one-day trial Aug. 4 to determine if title to the team is in Frank McCourt’s name or if the team should be considered community property and sold.
Papelbon gets suspension reduced
Boston Red Sox closer Jonathan Papelbon had his suspension stemming from a bumping incident with an umpire reduced from three games to two by Major League Baseball. Papelbon, ejected by plate umpire Tony Randazzo during a June 4 game at Fenway Park, began his suspension Friday and will miss today’s game against Milwaukee.
Braves place Hanson on disabled list
The Atlanta Braves placed right-hander Tommy Hanson on the 15-day disabled list with inflammation in his right shoulder.
The Braves recalled right-hander Randall Delgado from Double-A Mississippi. The 21-year-old Delgado will be making his first appearance in the major leagues.
Marlins send OF Chris Coghlan to Triple-A
The Florida Marlins have optioned outfielder Chris Coghlan to Triple-A New Orleans.
The 2009 N.L. rookie of the year was hitting .230 in 65 games this season.
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.