It’s not every day that you see Major League Baseball take over the day-to-day operations of a baseball team, but that’s exactly what’s happening right now to the Los Angeles Dodgers.
Baseball commissioner Bud Selig announced today that the league will take control of the Dodgers organization as the the nasty divorce between owners Frank McCourt and soon-to-be-ex-wife Jamie McCourt lingers on.
After 30 years of marriage, Jamie McCourt filed for divorce back in October 2009, just one week after Frank dismissed her as Dodgers’ CEO. Frank McCourt accused his wife of having an extramarital affair with her bodyguard and claimed she performed poorly on the job.
Here’s the official word from Bud Selig:
“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 in a statement.
“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.”
Frank McCourt had reportedly arranged for a $30 million loan from Fox, which is the team’s TV partner. Apparently, the money was needed so the team could make payroll.
the IRS decided to get involved after learning of some details surrounding the McCourt divorce, namely the fact that the McCourts took $145 million from the team and failed to pay taxes on it.
The IRS is also concerned with the fact that the McCourt children have reportedly been drawing a salary from the club, but have failed to perform any actual services for the Dodgers organization.
No matter how you slice it, this is going to be one mell of a hess, as my grandfather used to say. Stay tuned for more details.
- MLB takes over operation of Los Angeles Dodgers (boston.com)
- Major League Baseball takes over Dodgers (abclocal.go.com)