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Blog Entry

More McCourt madness in L.A.

Posted on: July 28, 2011 8:02 pm
Edited on: July 28, 2011 8:25 pm
 
By Matt Snyder

Just in case you're bored with the trade deadline and actual, on-field baseball, we have a slightly humorous -- and slightly sad -- update on the ongoing fight between Frank McCourt and Major League Baseball, Bud Selig and Jamie McCourt.

First things first, McCourt alleged that MLB commissioner Bud Selig has taken more money out of baseball than McCourt has. In response to an allegation that McCourt has cost the Dodgers over $180 million in revenues, McCourt's attorney's pointed to Selig's $18 million-plus salary -- which is subject to approval by all 30 MLB clubs.

"The claim that $100 million was taken out of the Dodgers over the course of seven years is patently false," according to the court filing (LA Times). "Moreover, even taking the Commissioner's false claim that $100 million was taken out of the Dodgers at face value, it is difficult to understand how the Commissioner can complain about this when he pays himself a salary of approximately $20 million a year -- meaning that he has taken out between $120 million and $140 million from baseball revenues during the same period that he complains about $100 million being taken out by the owner of a team."

The response from Major League Baseball was priceless:

"The claim that Mr. McCourt took $100 million is patently false. He took a lot more than that." (LA Times)

Also of note here, according to Maury Brown at The Biz of Baseball, Selig has increased MLB revenues by more than $5 billion since the mid-90s.

Meanwhile, Jamie McCourt -- with whom Frank is going through divorce proceedings -- has offered up a filing of her own. Her claim is that Frank is failing to honor his court-ordered obligations of spousal support, instead using all his money to wage "jihad" against Major League Baseball (LA Times).

So, to sum up: McCourt thinks Selig is stealing his own salary, though McCourt is allegedly using the money he's supposed to be giving to Jamie to wage a "jihad" against Selig.

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Comments
hotmeuly
Since: Dec 2, 2011
Posted on: December 21, 2011 2:26 pm
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peulouy
Since: Dec 2, 2011
Posted on: December 19, 2011 9:13 am
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Since: Jul 29, 2009
Posted on: July 29, 2011 5:42 pm
 

More McCourt madness in L.A.

Hey Dodgerlover! Do you know how much those In-Out places clear in a single month? Dude, if you owned one, you sir could buy the Dodgers and make Angelenos proud again of that once prosperous area.



Since: Jul 29, 2009
Posted on: July 29, 2011 5:38 pm
 

More McCourt madness in L.A.

Come on Bill Paxton; cut McCourt some slack bro. He's a real trooper; a captain that goes down with the ship; a warrior; a fighter, and a guy who'll never quit. That's the sort of fellow I want to follow. He may be a pain in the butt for MLB, but the league needs a rouge owner to balance things out.



Since: Aug 14, 2007
Posted on: July 29, 2011 5:03 pm
 

More McCourt madness in L.A.

Frankie Frank, Your attorneys are bleeding you dry on a fight you cannot win. You need to HIRE the attorney who tells you to SELL now to preserve whatever equity might remain & fire all the rest of those schmucks. It's actually quite amusing reading how desperate you are. I for one went to Dodger Stadium 15 times a year for the last 35 years thru 2009. Haven't stepped foot in Dodger Stadium since, nor will I, until you are gone. Keep fighting, and your attorneys will continue laughing their way to the bank, while you die a hard financial death. SELL now, and if you & Jamie can somehow still clear $100Million, it still will be considered a great 7 year-run from someone who bought an MLB Franchise with virtually NOTHING down.



Since: Apr 9, 2008
Posted on: July 29, 2011 4:44 pm
 

More McCourt madness in L.A.

Hmm...

Is anyone talking about McCourt's Ace-in-the-hole?

MLB will be soon negotiating with the players union to renew the contract - and McCourt can ask the court to subpoena the financial records of other teams to show his "stealing" from the Dodgers was normal and customary for MLB owners.

Once the financial records of the Yankees, BoSox, Cubs, Indians, etc become public record...




Since: Jul 27, 2011
Posted on: July 29, 2011 3:49 pm
 

More McCourt madness in L.A.

Well he has one thing right , Selig is most assuredly STEALING his salary from baseball !! The guy doesn't even deserve to make as much money as your local dishwasher at applebees



Since: Jun 8, 2011
Posted on: July 29, 2011 3:34 pm
 

More McCourt madness in L.A.

Only in Hollywood.



Since: Jan 8, 2009
Posted on: July 29, 2011 3:32 pm
 

More McCourt madness in L.A.

I think u might be brain dead!!



Since: May 20, 2007
Posted on: July 29, 2011 3:24 pm
 

More McCourt madness in L.A.

At this point if I was McCourt, I would sell everything, pay everyone and start over. He could probably get a job as an admin exec or maybe open a In and Out franchise.


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