Something Else That The State of California Is Well Known For Accepting Mediocrity While Trying To Assuage Us With Their Greatness & Narcissism .

Something Else That The State of California Is Well Known For Accepting Mediocrity While Trying To Assuage Us With Their Greatness & Narcissism .

Well not unlike the state legislature of California that faces such acute financial problems we now have the Los Angeles Dodgers facing woes of its very own. Now it’s a fact that Los Angeles Dodgers will now officially file for bankruptcy . I was repeatedly told by patrons within this medium that bankruptcy would and could never happen . If that’s the case then explain to me how it is that in the last twenty four months the following teams in Major League Baseball each had to file for bankruptcy . In the cases of the Chicago Cubs and Texas Rangers Chapter 11 ( Bankruptcy Protection & Reorganization) was seemingly the only way out from financial mismanagement by their then owners . Now with that in mind it shouldn’t come as a surprise to anyone that now two of the games most storied ballclubs are effectively in the same boat. And as acute as the situation now appears to be with the Los Angeles Dodgers , it could very well be far more grave for the New York Mets and their situation. The club is defendant in a civil suit alongside principal owners Saul Katz and Fred Wilpon as part of the fallout from the Bernard Madoff Ponzi scheme scandal . Much of what we know concerning the Dodgers has been the mismanagement and the very fact that MLB hierarchy simply suborned much of the absurdity that has taken place ever since Frank McCourt assumed control of this team with his purchase of the organization from Fox Inc whose parent company is News Corporation .

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From my own standpoint this should be a fucking wake up call for the idiots who carry on as if they’re in the know when it comes to the economics of the game but instead they’d rather talk about the shit like the future of the game and the young prospects there . That’s like trying to search for the leprechaun’s pot of gold in the hope that at the end of the day things will be great . Let’s get real here the owners as we know them to be are not that business minded in spite of their apparent wealth and alleged entrepreneurial acumen . And not to be left out of this all has to be those asinine general managers within the game . Baseball has and will always continue to shoot itself in both feet because its hierarchy simply isn’t bright or astute enough to either do or know what is actually appropriately the right thing to do !

Once MLB Commissioner Bud Selig saw fit to bring in former diplomat C Thomas Schieffer to oversee the day to day running of this team we all knew that the Dodgers and Frank McCourt had reached the point of no return . But if anyone with the slightest bit of common sense could see that the writing was on the wall and the sense of foreboding for the organization. And while this was all going on what might be even more contemptible was the fact that GM Ned Colletti , COO Geoff Wharton , CFO Peter Wilhelm , CRO Michael Young and Tommy Lasorda simply chose to remain silent . Which begs the question what is it with the damn stupidity that obviously had to be taking place within the front office of the Los Angeles Dodgers ? . From my own standpoint this is something that is long overdue and had to happen for baseball and the fans to finally sit up and take note ! Are some of the so called intellectual fans out there and those who claim to be insiders are simply that naive ? I’ve no doubt that the so called analysts at Fox and ESPN will now try to regale us with what they see as a painful episode , all the while these very same ingrates undoubtedly chose to ignore this story once it came to the public forefront .

Over the coming days and weeks I’ve no doubt that this all well be thoroughly discussed and written about all with a view to seeking a reason why this had to happen to one of the most storied teams in all of baseball . Well when you have a sport that shows no transparency on any level whatsoever what the fucking hell would you expect ? It’s not as if the league hierarchy itself during Selig’s tenure has ever been known to be completely open with regard to its business practices much less has a propensity for actually telling the truth on any level.

It is extremely sad to see a once great ballclub simply fall from grace and then think that Frank McCourt and the Dodgers’ hierarchy are solely to blame because much of what we know to have factually happen has been due to the inaction of the hierarchy of the game. It’s all too little too late for the organization , even with the Dodgers having now filed for bankruptcy protection . It will now be extremely difficult for the team’s creditors to actully recoup monies owed given the debt amassed by Frank McCourt which if we are to believe could very well exceed in excess of $600 million and that’s simply a conservative estimate as neither the ballclub or the league hierarchy have chosen to be completely transparent and the mere fact that Selig now wants to be seen as a knight riding into the rescue when nothing could actually be further from the truth . Instead this has more to do with the league wanting to give its image a raise in its already diminished and tarnished profile . And here was I thinking that the league handled the ” steroid issue” with about as much deftness as a blind man playing hopscotch in the midst of a minefield ! There has been more blowblack and utter cluster fucks dug up here than can actually be found in a whore’s closet !

Courtesy of The all St Journal

Baseball Blasts Dodgers Bankruptcy Loan

By Patrick Fitzgerald and Marie Beaudette

Major League Baseball on Tuesday moved to intervene in the Los Angeles Dodgers bankruptcy case, blasting owner Frank McCourt and claiming it has a “cheaper, no strings-attached solution” to the team’s financial woes.

The office of baseball Commissioner Bud Selig, who has been sparring for months with embattled Dodgers owner Mr. McCourt, said in court papers filed Tuesday that acting in the best interests of baseball, the league will provide the Dodgers with a “less expensive and otherwise superior” bankruptcy loan.

Mr. McCourt placed the Dodgers into Chapter 11 protection on Monday in U.S. Bankruptcy Court in Wilmington, Del., in a last-ditch bid to avoid having the team seized by the league.

The league says Mr. McCourt has “siphoned off well over $100 million” of the Dodgers’ revenue and has driven the team to a “liquidity crisis so severe that, absent extraordinary measures, the club would be unable to make its payroll.”

The team turned to a hedge fund manager owned by J.P. Morgan Chase & Co., which is providing a $150 million in so-called debtor-in-possession, or DIP, financing for what the league says is an “excessive” fee.

Major League Baseball blasted Mr. McCourt, saying he has placed his own financial interests over that of the club. While the Dodgers say they conducted an extensive search for financing, MLB says Mr. McCourt never approached the league, “an obvious source of a DIP loan,” according to court papers. A McCourt spokeswoman declined to comment.

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So what now for the Dodgers and how does the hierarchy deal with this all ? In seeing the Los Angeles declare bankrupcty it now leads to Frank McCourt will either sell the team or perhaps seek a cash infusion . Creditors will no doubt be very weary of the situation and given the fact that should MLB have to fully intervene then teams around the league will be on the hook as they hierarchy seeks to pay off many of the Dodgers’ creditors monies owed . Amongst those still owed monies by the ballclub are ex players Ted Lilly , Manny Ramirez and Andruw Jones are said to be owed in excess of $24 million as well as broadcaster Vin Scully some $150,000 . This now begs the question, if McCourt is still able to meet payroll for the month of June then what of the ensuing months and where indeed will those funds actually be coming from ? We know that the $3 billlion deal that McCourt had been counting on as part of a negotiated tv contract deal with the local Fox affiliate left a great deal to be desired as much of those funds were due to pay down debt inucrred by McCourt and associated business interests .

Seemingly , when I’ve asked how it is that Frank McCourt was simply allowed to violate league rules in using the ballclub as collateral in multiple business deals repeatedly . But yet somehow the league hierarchy under Bud Selig has simply kept silent on this issue . If anything this all now leaves this ballclub in a complete mess and there’s no way in hell that any potential free agent would seek to even show an interest in the Dodgers . Given the financial uncertainty of this team, who the hell would want to be playing in the hellhole of Los Angeles with the current regime in place ? What might be even more worrying is where this now leaves the future of the coaching staff under Don Mattingly and the potential free agents with the Dodgers at present ? This once proud franchise has no one but to blame but itself but I would also say that due diligence was certainly not used by Bud Selig and the owners when they gave their approval in the sale of the Dodgers to Frank McCourt. The owner came into the organization with a great deal of baggage that if anything should have been a precursor of the mess that would become a part of the Los Angeles Dodgers’ current debacle . Multiple litigant problems many of which McCourt was a plaintiff and some where he was a defendant but if anything the league hierarchy should have been fully cognizant of those issues .

I’m not so sure what the rest of the season holds for the Los Angeles Dodgers and at the same time what are the poor and disenfranchised fans to think about this mess ? I’m sure as such that they are no doubt being very vocal and vehemently against Frank McCourt still being in control as the owner of this team . Furthermore , I can’t help but wonder what the future now holds for the players not only on the team but also for the prospects and farm system of the organization as a whole ! Baseball has simply been a mess not solely because of the financial ramifications that has befallen the teams in large part but also because of the idiocy shown by the league hierarchy and the intransigence of the MLBPA .

I’ve long maintained that Bud Selig has been a poor commissioner for baseball and about as out of touch as to the acute problems that the sport now faces ! It’s no use living in the past without having learned nothing from those events and herein lies another of the many problems that the game faces , it is that nothing at all has been learned by the owners the union (MLBPA ) or the league hierarchy itself as they merely seek to carry on business as usual . If there are any potential suitors for the Los Angeles Dodgers it will be very interesting to see what sort of value is placed on the organization and whether or not that suitor would indeed be willing to pay the price being asked as to the potential value of this team .

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Picture gallery for your perusal .

What thoughts if any do you have concerning the plight of the Los Angeles Dodgers ? And where would you apportion blame for much of the fallout for this monumental financial disaster that has now encircled the ballclub ? Simply chime with a thought on this topic and anything else you feel pertinent to the subject matter broached in this piece .

Alan aka tophatal …….. https://tophatal.wordpress.com

Picture and slide show for your perusal .

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(1) Los Angeles Dodgers’ Trent Oeltjen smiles at some Dodgers fans late in the baseball game against the Minnesota Twins Monday, June 27, 2011 in Minneapolis. Oeltien was 4-for-4 with two singles, a triple and a home run in the Dodgers’ 15-0 win. AP Photo/Jim Mone …..

(2) MINNEAPOLIS, MN – JUNE 27: Tony Gwynn (10) of the Los Angeles Dodgers singles against the Minnesota Twins in the first inning on June 27, 2011 at Target Field in Minneapolis, Minnesota. The Dodgers defeated the Twins 15-0. Photo by Hannah Foslien/Getty Images …….

(3) Alexi Casilla (12) of the Minnesota Twins is out at home as A.J. Ellis (17) of the Los Angeles Dodgers defends home plate in the sixth inning on June 27, 2011 at Target Field in Minneapolis, Minnesota. The Dodgers defeated the Twins 15-0. Photo by Hannah Foslien/Getty Images …………

(4) MINNEAPOLIS, MN – JUNE 27: Ned Colletti, General Manager of the Los Angeles Dodgers watches batting practice before the game against the Minnesota Twins on June 27, 2011 at Target Field in Minneapolis, Minnesota. Photo by Hannah Foslien/Getty Images ……

(5) LOS ANGELES, CA – FILE: Los Angeles Dodgers owner Frank McCourt speaks at a news conference at Dodger Stadium prior to a game between the St. Louis Cardinals and Los Angeles Dodgers on April 14, 2011 in Los Angeles, California. It was reported that the Dodgers have filed for bankruptcy protection in a Delaware court June 27, 2011. Photo by Kevork Djansezian/Getty Images ……

(6) Bud Selig commissioner of MLB , whose tenure as the game’s highest ranking official has been steeped in a great deal of controversy . In the last twenty four months three major league teams have had to file for bankruptcy protection under the commissioner’s watch but he and the league hierarchy have done little to try and rein in the financial mismanagement that now seems rampant not just amongst the teams but also at MLB’s headquarters . AP Photo / Carl Nash …….

(7) Dodgers’ manager Don Mattingly (L) and general manager Ned Colletti of the Los Angeles Dodgers attend a press conference announcing that Mattingly will manage the Dodgers in 2011 after Joe Torre retires at Dodger Stadium on September 17, 2010 in Los Angeles, California. Getty Images North America / Lisa Blumenfeld ….
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Who’s Minding The Store ………….. ?

Who’s Minding The Store ?

I really like to understand how it is that with the financial uncertainty that still swirls around the Los Angeles Dodgers that Newscorp through its Fox subsidiary would see fit to loan Fank McCourt of the Los Angeles Dodgers $30 million to meet the organization’s expenses in terms of paying the team’s salary and that of the other anciliary employees . With the league hierarchy of baseball having brought in C Thomas Schieffer a former Texas Rangers executive as well as being the former US ambassador to Japan to oversee the day to day operations of the Dodgers I would be under the impression that given the Dodgers’ ongoing financial difficulties the league would want to make sure that McCourt would be able to guarantee the repayment of any loan taken out by him to meet the team’s expenses. Not only that but given the fact that Frank McCourt and his now ex wife Jamie McCourt between 2004 through to 2009 had borrowed in excess of $100 million from the team without there being any record to indicate that this sum had been repaid . Now should he be unable to meet the team’s payroll over the coming month there is an even greater chance in all likelihood that the league may well have no other option but to seek the sale of of the Los Angeles Dodgers but first they would have ask McCourt to completely relinquish control of the team.

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Clearly there’s something still amiss concerning the Dodgers , their finances and the mere fact that it has taken MLB Commissioner Bud Selig and his associates within the league hierarchy to even intervene in this situation leads me to believe that their business acumen and what we’re told are sound business practices are complete and sheer utter stupidity . From business standpoint I sincerely doubt that the vast majority of the owners around the league as well as the general managers would know the actual difference between a baking sheet and a balance sheet !

As this ongoing saga continues the less faith I have in the game’s integrity and that of the league hierarchy ! Bud Selig has become a clown of inconceivable magnitude and the fact that given the idiocy of the actions of the executives within the Dodgers’ organization most notably GM Ned Colletti , CFO Peter Wilhelm and Frank McCourt , whose own actions have been so egregious and clearly premeditated I cannot understand how it is that there seems to be no punishment of the owner for his misdeeds other than the mere fact that the league has essentially taken control of the organization. There is a great deal that McCourt has chosen not to be made public and at the same time it would appear that the league wants to cover up many of its own ineptitude in the handling of this situation. Frank McCourt states that the league hierarchy all along has had within their possession a $3 billion television contract deal that would supply the beleaguered organization with all the revenues needed to meet its financial obligations . However , in light of that all the Dodgers prior to this all Frank McCourt had stated that the Los Angeles Dodgers were never in any financial danger but records simply do not bear that out with there being multiple loans taken out by Frank McCourt using the team as collateral .

The league has a mandate that no team can have a debt ratio of more than 10 ten times its earnings but clearly with the Dodgers have contravened the rules in this instance. Bud Selig for his part has yet to make it fully public as to full extent of the problems of the Los Angeles Dodgers but clearly given the wide and varying reports by from various news sources the severity of the problems were so extensive that McCourt was simply being economical with the truth. Now it remains to be seen how long Schieffer will be overseeing the Dodgers’ operations and whether or not the team will in fact end up being sold. Frank McCourt’s ex wife Jamie McCourt has made a request of the judge who presided over her divorce proceedings to seek the court to enforce the sale of the organization . The judge may well not proceed with such an adjudication given the situation at present wherein the league has taken control over the organization. But it would not surprise me that the league’s own legal counsel could well seek out potential buyers for the Los Angeles Dodgers. However , with McCourt stating that he would fight tooth and nail to retain control of the team even if it meant taking legal action against MLB this situation could become a great deal more contentious were the two factions to enter into litigation.

At some point during the season we are liable to see several teams’ fortunes wane in terms of their performances .
Races within the divisions are steadily heating up but it’s still far too early to state what the outcomes will be with regard to where the teams will be at the culmination of the regular season .

Now as we enter the month of June and with the All Star Game set for 12th July to be hosted at Chase Field in Phoenix , Arizona it will be interesting to see what manner the protests will undoubtedly take in terms of the response to that state’s newly enacted law to enforce the state’s unpopular enforcement of the legal right of police officers to request a suspect to prove that they are a legal resident and not an illegal alien. As popular as this law may well be in the eyes of many it certainly has become very unpopular amongst many Latin American players within MLB. And the very fact that the ACLU and La Raza have chosen to closely monitor the actions as the state legislature and Gov Jan Brewer seeks its strict enforcement . I’ve no doubt that this issue as volatile as it has become should be dealt with at the Federal level of the government but given the inactivity and the partisanship within the Senate , Congress and the mere fact that no Presidential administration has seen fit to tackle this matter head on. I am really beginning to think that the mind numbing idiocy shown by the all levels of the government are completely at a loss to actually explain fully what their policy is with regard to illegal immigration !

DHS Chief Janet Napolitano who oversees the INS has been ambiguous at best in explaining the administration’s policy . Insofar as I think that the laws of the land have to be strictly adhered to , there has to be some latitude given to how a state can deal with problems that they deem acute within its own borders. I certainly don’t believe that Bud Selig ought to be forced to take a stance because a number of players oppose this statute no matter what their ethnicity. And even light of Carlos Santana making his outrageous statements at a ball game at Turner Field in Atlanta , Georgia , clearly shows how volatile this issue has become. However, someone ought to remind Santana that the state of Georgia has seen its own fair share of what he deems to be racial injustice as during the Civil Rights’ era within the state and in particular the city of Atlanta were one of the major epicenters of African American defiance as to the racial injustice that swept the South and across the nation at the time.

Given the history of the game and presumed journey that it has taken over the course of its history there’s no denying that baseball as far as it has come socially and economically there are still a number of issues that remain to be resolved. Jackie Robinson’s entry into the MLB opened up the game for all minorities but bear this in mind the game at the time though inclusive when Hank Aaron broke the alltime home run record he was being vilified the torrents of racial abuse , racial epithets death threats directed at the Hall of Famer would give the impression that in surpassing Babe Ruth’s feat was seen as an abomination by those who felt it beneath them to see an African American break one of sport’s most hallowed records. Now in this modern day and age it is not about the intolerance but what there is to be learned by all parties concerned.

It would appear in the aftermath of the game collision between Scott Cousins of the Florida Marlins and the San Francisco Giants’ catcher Buster Posey . Giants’ GM Brian Sabean had a few choice words for the Marlins’ utility player and the fact that he felt that Cousins’ actions were unsportsmanlike . Many would disagree with Sabean’s view of the incident but when one takes into account what this loss means for the San Francisico Giants and their season then you can understand the general manager’s ire . Having lost Posey for the year and the players productivity it lessens the possible chance of the Giants quite possibly making the postseason either as a division winner or the wildcard entrant within the NL.

The Giants on a three game win streak but have lost 6 of their last 10 games over that span . For manager Bruce Bochy and his coaching staff the loss of Posey has to be a tremendous disappointment for the team . And it goes without saying for the fans they cannot be pleased with the loss of a fan favorite . While the debate goes on as to whether or not the league hierarchy needs to do more to protect catcher when at home plate protecting his position from a base runner heading home . I for one believe that the catcher knows of the imminent dangers that are presented in such a scenario . It has become one the traits of the game and there is not much that can be done to avoid such instances as both the catcher defending the plate and the player heading for home know of the prevailing dangers .

Collisions within baseball are part of the game just as much as fighting has become a part of an NHL . From my own perspective it would simply make no sense in changing the rules to supposedly make the game safe for its participants . What might need to be done is the for officials in such instances prior to the game to advise both coaching staffs that there is a need for their players to be aware that no unsportsmanlike conduct will be tolerated on the field . Safety has to be a priority which of course the players and managers are obviously aware of but with hindsight there becomes the issue if what we know to be right from wrong . The collision between Cousins and Posey wasn’t a premeditated act as both players were simply doing what would be normally asked of them . It goes without saying however that the game’s hierarchy may well now begin to monitor such instances to see if there is a flagrant act on the path of a player when such an instance arises between the catcher and an opponent at home plate.

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Picture gallery for your perusal . By clicking on an individual frame you can view that picture in its original formatted size.

What thoughts if any do you have on the points raised within this piece ? Simply leave a comment as to your thoughts .

Alan aka tophatal ………………………

https://tophatal.wordpress.com

Picture and slide show details below .

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(1) Frank McCourt the beleaguered owner of the Los Angeles Dodgers who could be close to losing control of the team either through its forced sale by the courts or from an unsolicited bid by a group of investors. courtesy of LA Dodgers . …

(2) Jamie McCourt arrives with her attorney, Dennis Wasser for a non-jury divorce trial at Los Angeles County Court August 30, 2010 in Los Angeles, California. The trial, being presided over by Judge Scott M. Gordon in California Superior Court, is to decide whether Frank McCourt is the sole owner of the Los Angeles Dodgers baseball team or his estranged wife and former Dodger CEO Jamie McCourt still has ownership stake in the team. Photo by Kevork Djansezian/Getty Images North America ….

(3) Hall of Fame player Ernie Banks (left) is seen here with Carlos Santa (center) and Oscar winning actor Morgan Freeman at Turner Field in Atlanta , Georgia which commemorated the annual Civil Rights’ Game . The rocker would give a passionate but totally unwarranted speech that in part denigrated the state of Georgia with his insipid remarks calling the state and its occupants racists . AP Photo/ Chris Myles …

(4) Brian Sabean, Senior Vice President and General Manager of the San Francisco Giants, watches batting practice before Game Three of the NLCS during the 2010 MLB Playoffs between the Giants and the Philadelphia Phillies at AT&T Park on October 20, 2010 in San Francisco, California. Getty Images / Justin Sullivan ….

(5) Catcher Buster Posey of the San Francisco Giants, the National League?s rookie of the year in 2010, suffered a leg fracture and torn ligaments when Florida’s Scott Cousins barreled into him at home plate in the 12th inning of the Marlins-Giants game May 25, 2011. Courtesy of ABC News ……

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NB : It is being reported that former MLB players Orel Hershiser and Steve Carlton have formed to a consortium in conjunction with billionaire Ron Burkle to make a formal offer to purchase the Los Angeles Dodgers should the league see fit to put the organization up for sale.

The Real Funny Side Of Sports You’d Think ………….

The Real Funny Side Of Sports You’d Think …………

The longer this facade goes on the more asinine I know that baseball has become in terms of the game’s hierarchy , the team owners and the mere fact that they’ve never been known to show any common sense . The sharks are now circling the Los Angeles Dodgers as they smell blood and the idiocy of the team’s owner Frank McCourt only further adds to the illusion that when the league hierarchy saw fit to grant him the right to purchase the team from Fox and its parent company NewsCorp when they simply hadn’t used due diligence .

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The organization is now mired in so much financial mismanagement that it’s hard to understand how McCourt and the rest of the executives within the Dodgers’ front office could have been so financially irresponsible . But herein lies the caveat the league hierarchy rarely looks into the finances of its teams unless they believe there to be something inherently wrong. What might be even more surprising is that even in spite of there being clear cut evidence that something was awry with the Dodgers from a financial standpoint Bud Selig chose not to intervene until things had got to a point where one now has to question whether or not the Dodgers can now survive in its present format. If McCourt and his now ex-wife Jamie McCourt were using this organization as their very own personal ATM then questions have to now be answered with a great deal of veracity by not only Frank McCourt by the entire hierarchy of the Los Angeles Dodgers. This so called $3 billion tv contract that awaits the league’s approval has been the sole basis for McCourt to suggest that the organization has no financial worries as it also asks for $ 300 million upfront as an advance from the local Los Angeles Fox tv affiliate . What gave McCourt the impression that $ 300 million would be the cure to what ails the Los Angeles Dodgers when it is clear that he and his subordinates have contravened many of the league’s very own rules ? Now it’s becoming transparent that McCourt and those very same subordinates have been less than truthful as it relates to the organization’s financial stability.

Now the ante may well be upped in lieu of the fact that neither McCourt and Selig have met publicly to discuss the team’s issues . And with it now being reported that the Dodgers simply doesn’t have the cash available to meet its budgetary expenses for the months of May and Junes ____ you simply have to ask how much longer this idiocy can be allowed to carry on , in allowing to have McCourt even be associated with this team in any form whatsoever ? Gross negligence on his part , much of it no doubt suborned by the front office as they may well have been powerless but at the same time they also have a responsibility to the league hierarchy to report any serious malfeasance within their organization . Either Ned Colletti and CFO Peter Wilhelm are that stupid or they simply went along with the insipid moves and his then wife Jamie Court in raiding the organization’s coffers for their own malevolent needs . Frank and Jamie McCourt it is suggested were loaned $108 million between 2004-09 to fund their lavish lifestyle . If this is indeed true then I can only surmise that Frank McCourt’s estimated wealth of $1.2 billion had to have diminished immensely for him to be taking money from the coffers of the organization while they struggled to actually be competitive within NL West.

Granted this season we’ve witnessed some competitiveness from the team but as of late things have tailed off somewhat for organization as the off the field troubles has simply become a major news sports story within the game of baseball this season . The NL West as competitive as some may well believe it to be in large part has been a division that has been viewed as where the baseball being played there between those teams can be best described as being marginal . The division is now led by San Francisco Giants with a 21-16 mark followed by the Colorado Rockies (19-16) and Dodgers some 3.5 games behind with an 18-20 mark. That being said with all of the off the field controversy and mayhem taking place within the Dodgers’ organization the events taking place on the field have been forced to take a back seat as this idiocy simply plays itself out as a spectacle within the public’s domain.

It’s sad that one of baseball’s great organizations has been allowed to sink such depths but in reality this merely shows the complete ineptitude that is now on display at all levels of the game from the league hierarchy on down to the very players themselves .

If Chad Ochocinco can’t have the glare of the limelight placed upon him this NFL player simply becomes bereft of all common sense . Not content with having tried out for a roster spot with MLS soccer’s Sporting Kansas City the player is now said to be interested in riding a bull on the PBR (Professional Bull Riding) circuit . Well given the amount of bull served up last season by Ocho and the Cincinnati Bengals I just hope that the bull he’s given to ride simply stomps his ass into several hundred pieces ! The more he’s around in the NFL , the more you simply know that any team that he’s a part of is almost certainly doomed for failure . Granted, coming off a 2009 season where the Bengals were the AFC North champions 2010 was merely an afterthought as the Bengals simply slipped into a season sheer ineptitude posting a 6-10 record for the year . If that wasn’t bad enough you then had the team’s Pro Bowl quarterback Carson Palmer demanding a trade rather than remaining with the Bengals . That situation seems close to resolving itself as the team took Andy Dalton as their second pick 35th overall in this season’s NFL Draft .

From my own perspective the problems of the Cincinnati Bengals are many , from a defense that’s simply become non-existent to an offense that on its best days would simply have problems making a first down, much less putting up points on the board as and when needed . It simply wasn’t merely about Palmer’s problems both on and off the field but the mere fact that Marvin Lewis lost control of these players and little of what he or his coaching staff imparted on those players actually manifested itself on the field of play last season. This season the Bengals could very well be at odds with itself as well as the incumbents within the AFC North. This much is certain if the Bengals are to have any chance being legitimately viewed as contender within the AFC much less the rest of the NFL then Ochocinco and this team will very much have to prove themselves worthy adversaries of their opponents this season . A great deal is being asked of Andy Dalton if he’s chosen to be the team’s quarterback but in lieu of that fact his being thrown in at the deep end may not be the wisest of choices but it may well be the only one that can be made by Marvin Lewis and his staff.

Well now that the Boston Celtics have been unceremoniously dumped out of this season’s NBA Playoffs in their series loss to the Miami Heat . The orbituaries are now being written as to the demise of several players on this team . It appears that negotiations are underway to retain the services of Doc Rivers as the team’s coach . But if anything GM Danny Ainge , senior managing partner Wyc Grousbeck and the other managing partners can’t have been entirely happy in the way that this teams was summarily dispatched by this Heat team .

This 4-1 series loss by the Boston Celtics to the Miami Heat in essence explained a lot about the two diverging paths that these two heave have taken over the course of the regular season. Having won their regular season meetings 3-1 the Celtics may well have felt that they had the upper hand were they to meet again in the postseason. But if anything it was the Heat who took heart from those meetings knowing that they had to up their game and play with a great deal more resolve. Erik Spoelstra having got this team play much more cohesively, began to see the fruits of his labor . At the same time team President Pat Riley and team owner Micky Arison now know that all of the maneuvering and the subsequent work done by Dwyane Wade in persuading both Chris Bosh and LeBron James to sign with the team was not only in the players’ best interests as it offered them the best chance of winning an NBA title but it also benefited the Heat organization from a competitive and financial standpoint as well.

For the Boston Celtics Ainge alongside Rivers and the coaching staff must now look at how best rebuild this team and what if any major roster changes need to be made if they’re return back the playoffs as a formidable postseason opponent. We surely have seen the last of both Jermaine O’Neal and Shaquille O’Neal as players within the NBA . Collectively the duo offered little if anything to the team during much of the postseason. However my greatest gripe concerning the fall from grace by the Celtics was the absurd notion by Danny Ainge that his trade deadline moves of trading both Kendrick Perkins and Nate Robinson actually made the Celtics better , when he got little , tangible in return from those deals . He may well have done that to pare down the Celtics’ payroll but that all seems redundant when you consider that jointly Jermaine and Shaquille O’Neal were earning more than Perkins and Robinson combined this season. Contract lenght asides who in their right mind would want two aging veterans who between them offered nothing to this team throughout much of the regular season other than being a complete waste of space on the bench ?

It remains to be seen the steps to be taken by Ainge and his staff but this much is certain for the large part this current roster will most certainly change in its current format and for the large part we will be seeing a number of new faces on this team be it via free agency or through the upcoming NBA Draft.

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Picture gallery for your perusal .

What thoughts if any do you have on the topics raised within this piece ? Simply chime in with a comment .

Alan aka tophatal ………………….

https://tophatal.wordpress.com

Picture and slide show details below .
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(1) Tom Schieffer , the man charged by Major League Baseball with sorting through the finances of the Los Angeles Dodgers, is interviewed in New York, Thursday, May 12, 2011. AP Photo/Bebeto Matthews …..

(2) Pittsburgh Pirates shortstop Ronny Cedeno, right, watches his throw to first after forcing out Los Angeles Dodgers’ Andre Ethier during the second inning of a baseball <a href="http://mlb.mlb.com/mlb/gameday/index.jsp?gid=2011_05_12_lanmlb_pitmlbgame in Pittsburgh on Thursday, May 12, 2011. Juan Uribe was out at first. AP Photo/Gene J. Puskar ….

(3) Baseball Commissioner Bud Selig listens to a question during a news conference on Thursday, May 12, 2011 in New York. Selig gave Frank McCourt the face-to-face meeting the Los Angeles Dodgers owner wanted, but provided no timetable on approving a proposed $3 billion television deal with Fox that would keep the club from running out of cash at the end of the month. Selig and McCourt met Wednesday when owners began a two-day quarterly meeting at Major League Baseball’s office. AP Photo/Bebeto Matthews …..

(4) Dodgers’ GM Ned Colletti (left) and the team’s owner Frank McCourt . This was Colletti’s formal introduction to the public as the team’s new GM in November 2005. Icon SMI/ Larry Goren ……. .

(5) A.J. Green(4) overall pick by the Cincinnati Bengals, poses for a photo on stage with family members during the 2011 NFL Draft at Radio City Music Hall on April 28, 2011 in New York City. Photo by Chris Trotman/Getty Images ….

(6) Cincinnati Bengals second round draft pick Andy Dalton(notes), left, a quarterback from TCU, and third round draft pick Dontay Moch, a linebacker from Nevada, right, pose with their jerseys during an NFL football news conference, Saturday, April 30, 2011, in Cincinnati. AP Photo/ David Kohl ……..

(7) Cincinnati Bengals first round draft pick A.J. Green, right, speaks at a news conference with head coach Marvin Lewis, Friday, April 29, 2011 in Cincinnati. Green, a wide receiver from Georgia, will wear number 18 for the NFL football team. AP Photo/Al Behrman ……….

(8) Chad Ochocinco begins tryout with Sporting Kansas City on March 23, 2011 in Kansas City, Missouri. The player having gained a roster spot with the team is now said to be interested in riding a bull within the PBR circuit . Photo by Jamie Squire/Getty Images ……

(9) Boston Celtics President of Basketball Operations Danny Ainge talks with reporters during a news conference at the team’s NBA basketball training facility in Waltham, Mass., Friday, May 13, 2011. AP Photo/Michael Dwyer …….

(10) MIAMI, FL – MAY 11: LeBron James (6) of the Miami Heat gets emotional after closing out the series against the Boston Celtics in Game Five of the Eastern Conference Semifinals in the 2011 NBA Playoffs on May 11, 2011 at the American Airlines Arena in Miami, Florida. Photo by Jesse D. Garrabrant/NBAE via Getty Images …..

(11) Mario Chalmers (15) of the Miami Heat is congratulated by Ray Allen (20) of the Boston Celtics after Game Five of the Eastern Conference Semifinals of the 2011 NBA Playoffs at American Airlines Arena on May 11, 2011 in Miami, Florida. Getty Images /Mike Ehrmann ………

(12) Boston Celtics head coach Doc Rivers reacts on the sideline during Game Five of the Eastern Conference Semifinals of the 2011 NBA Playoffs against the Miami Heat at American Airlines Arena on May 11, 2011 in Miami, Florida. NBAE/Getty Images/ Mike Ehrmann ……….

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Probable starting pitchers 13th May 2011

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MLB results & scores 12th May 2011

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Chicago Bulls ……. vs ……. Miami Heat

Western Conference

Dallas Mavericks …… TBD …….. winners of the series between Memphis Grizzlies …… & ….. Oklahoma City Thunder

Brief But Not Breaking Sports Stories …………..

Brief But Not Breaking Sports Stories …………..

Well I’m not about to bore you all with my thoughts on the ongoing NFL labor dispute because I think for the most part the majority of us are fed up with the lack of any form of compromise having not been met or agreed upon as of yet. Inasmuch as with each passing second ESPN and Foxsports tries to keep us all abreast of the latest developments as if it’s going to be breaking news , merely the mention of either Roger Goodell or DeMaurice Smith’s name in essence simply makes me want to puke ! Suffice to say , even with the NFL coming out with a 2011-12 schedule and wherein they’ve essentially leaked the fact that they’ve a contingency plan in place that would have the season start at Week 3 and all teams playing that week would then have a bye-week later on in the calendar of the season’s schedule . Of what comfort that will be to the fans in question I can’t at present tell you . My bone of contention is that the NFL in spite of itself , in terms of PR, they continue to make the situation worse knowing full well each snippet information leaked won’t in fact undo the damage that has already been done. At the same all of the hoopla that one would come to expect has been created with the hyperbole surrounding the upcoming NFL Draft . What, the fact that a season as the fans had hoped for but yet the NFL wants to lure us all into that false sense of security with three days of the dumb diatribe and where the likes of John Clayton , Mel Kiper and Chris Mortensen will induce us all into wanting to throw something at our tv sets because of their self absorbed overblown analysis ! Simply inform the viewer that’s all we want , nothing more nothing less , it’s as simple as that .

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Three weeks into the MLB season and it seems the fans are abuzz with the play of the teams and the very fact that the divisions are playing themselves out rather nicely . And while the talk of now seems to be the fact that the MLB hierarchy has seen fit to take over the day to day running of the Los Angeles Dodgers , wherein team owner Frank McCourt has been forced to relinquish control of his debt laden organization. I can’t help but wonder why it has taken Bud Selig so long to come to making this decision . I can only surmise that he sought counsel not only from the league’s legal representative but also in large part many of the most prominent team owners within the game . I surely cannot believe that they would have agreed to this action unless they felt that it was imperative that something needed to be done. With the facts being laid bare that McCourt had sought a loan from the local Fox tv affiliate of some $30 million merely to pay primarily the players’ salaries and meet other budgetary expenses for the month of April . I can’t see how Frank McCourt can still believe that the organization isn’t in dire financial straits . Good God almighty we’re barely a month into the Dodgers’ season and the Dodgers couldn’t afford to pay the salaries of its employees ? If you don’t think that’s strange then tell me what is ?

The further we delve into this sordid mess the more murky it becomes because it’s becoming abundantly clear that many of the Dodgers’ front office executives were either simply powerless to stop McCourt in his tracks or they completely suborned his actions without taking into account what could go wrong should things begin to fall apart . Certainly GM Ned Colletti now seems perplexed because in giving a public statement when asked if he was in control of the organization as its senior most executive outside of the owner , Frank McCourt , his reply was ‘ …… I’m not so sure what I can really tell you at the moment ‘ . If you’re an ardent Los Angeles Dodgers’ fan how must you feel at the moment ?

The Dodgers’ as a team hasn’t really let the off the field problems get in the way of their on field efforts . And in their game against the Atlanta Braves we saw them give a heroic effort defeating the Braves 5-3 at Dodgers’ Stadium with walk off 2 run home run from Matt Kemp in extra innings . If that didn’t lift the spirits of the players and the fans in attendance then nothing else may well have done , other than knowing that McCourt is no longer in charge of the team for the time being. Frank McCourt has however said that he is quite prepared to challenge the league’s authority by legal means , in filing a restraining order in the US Federal Court in Los Angeles , California . That legal recourse could either be swift or it could well be a battle of wills between the embattled owner and that of the league hierarchy. Either way, no one actually wins because the damage has already been done to the game’s credibility and that of the Dodgers themselves .

With that in mind I can’t help but wonder if Bud Selig will now challenge the authority of New York Mets’ ownership group and their financial situation as it now stands . One can’t but help notice that Fred Wilpon and Saul Katz as lead managing partner and team president are carefully trying to portray themselves as victims of the Bernard Madoff ‘Ponzi’ scheme and scandal. Suffice to say, with the duo and their company Sterling Equities as well as the Mets’ organization being named as defendants in a civil lawsuit claiming that they profited greatly from the scheme which defrauded clients of an alleged $59 billion ($59,000,000,000 ) . The plaintiffs represented by lawyer Irving Picard are seeking the return of a sum believed to be anywhere between $450 – $750 million that the duo is said to have received over the years by the defendants and their business entities, while Madoff’s scheme was said to be ongoing . What that says about the claims of both Katz and Wilpon that they unaware that the monies received was in fact due to fraud , has to be questioned , given the exorbitant rates of return at the time on their own then alleged investment in the scheme . Both as co-founders of Sterling Equities either had to be completely naive and ignorant or they in fact weren’t duped into believing that their gains were legal _____ they knew all along that something was awry and just simply didn’t care how they derived of this monetary gain.

Personally , I’m of the opinion that Katz and Wilpon knew exactly what was going on but thought that they were never in any danger of being seen as crooked should the scenario play itself out for the press’ and public’s consumption. The fact of the matter may well have been they viewed themselves as bastions of ownership hierarchy within baseball , where as such , the owners there are viewed as captains of industry or self made multi millionaires and not white collar criminals . My feeling is , if you’re involved within the inner workings of Wall St you’re a crook because who else but high ranking executives have profited so greatly from this economic blight wrought upon the nation ?

As the NBA postseason plays itself out we’re beginning to see a number of players come into their own during the playoffs . Dwight Howard has been playing at a high caliber and if anything has been the primary force on the Orlando Magic as they’ve leveled their series (1-1) against the Atlanta Hawks . That being said watching the Altanta Hawks waste a golden opportunity in this series only further emphasizes what I’ve always thought about this team , they’re gunshy and literally scared of their own shadow . If Larry Drew and his coaching staff can’t get this team to play any better than they’re now said to be doing then this series will be closed out on its return to the Amway Center in Orlando , Florida . This much I am certain off , teams cannot afford to waste opportunities when given to them in the playoffs because there’s no looking back and saying ……’ what might have happened if only we’d done that ‘ ?

If the Hawks are to stand any chance of actually winning this series then Joe Johnson will have to step up to the plate and show that he’s indeed the leader of this team rather than an overpaid and less than compelling athlete . How he was able persuade the Hawks’ front office into offering him a 6 year $96 million contract for his less than stellar figures is way beyond anything that I for one can imagine ! I can only surmise that because there weren’t any serious takers for his talents during the trade deadline he saw fit to dupe the Hawks’ management into thinking he as their primary role player on this team would be their best chance of success and a shot at the NBA title .

As the fifth seed in the Eastern Conference the Hawks are a vastly different team from last season if anything they’ve tailed off somewhat but then again this in essence is the same team that was so convincingly swept in the first round by the Orlando Magic last season in the of the NBA Playoffs . That 4-0 series drubbing had to have left a bitter taste in the mouths of the players and the Hawks’ fans . Are we about to see history repeat itself once again this series with only a slight change somewhat in the outcome ? It remains to be seen whether or not the Atlanta Hawks can acquit themselves and redeem some honor as the rest of this series unfolds .

Is a team as good as the coach they’re playing under or does it happen to be , the players or a marquee player that in essence makes the coach’s name ? Could one as such affix that moniker to the likes of Phil Jackson , Gregg Popovich or Red Auerbach for that matter in terms of their unprecedented success ? The reason I say this is because there are those who believe that the Chicago Bulls aren’t genuinely a legitimate contender because of their youth , inexperience and the fact that they’ve a first time coach in Tom Thibodeau . But there has to be a reason why this team was so successful this season and easily ran away with their division and in becoming the number one seed in the Eastern Conference . It solely wasn’t down to the heroics of Derrick Rose and his sensational season because he was ably assisted by his teammates who all bought into Thibodeau’s coaching philosophy , strategies and the lessons of his coaching staff .

The Bulls in the first round have had their struggles against the Frank Vogel coached Indiana Pacers . But in essence if the Bulls are being viewed as inexperienced then how should one judge the Pacers as a team overall …………… over achievers having made it into the playoffs with a 41-41 record ? Last night’s victory by the Bulls in game three essentially sowed up the series with a hard fought victory and all but insurmountable 3-0 series lead . The Pacers’ best player Danny Granger had a chance of winning the game in the dying moments but his three point attempt was a belated and off target effort . TNT studio analyst Charles Barkley was succinct as ever in describing the effort as ‘ garbage’. But if anything Granger wasn’t at all to blame because on close inspection were it not for the harassing defensive play and effort by the Bulls’ Luol Deng the shot may well have been a game ending winner for the Pacers. Instead they now face a series saving game four on Saturday against their conference rivals . Staving off defeat, elimination and living to fight another day is what both Vogel and his team are looking to achieve. But given the effort that has been put forth by this team and the fact that they seem to be their own undoing at the most inopportune of moments I for one can’t see them having the wherewithal or temerity to pull off the win and then trying to win the series outright ! They simply haven’t played consistently enough to convince me that they’re anywhere near the equal of the Chicago Bulls as a team.

As to the chances of Tom Thibodeau as a first year coach taking his team to the NBA Finals , well those chances seem to have improved greatly based upon his team’s efforts so far. One more win and the Bulls make the Eastern Conference Semi Finals where they would meet the winners of the series between the Boston Celtics and New York Knicks . And that series at the moment favors the Celtics with Doc Rivers’ team now up 2-0 in the best of seven series . Game two at the TD Banknorth Garden in Boston , Massachusetts , saw the Celtics eke out a hard fought 96-93 victory over the Knicks . But for the heroic efforts of Carmelo Anthony and his 40 plus points in the game the Knicks would surely now be looking even demoralized . But instead they may well be even more galvanized knowing that the the next three games of the series are to be played at their home venue of Madison Square Garden in New York City , New York.

Though Tom Thibodeau may well be viewed as a first year coach, his coaching background and pedigree has proven to be invaluable. If anything the experience of having been assistant to both Gregg Popovich and Doc Rivers gives him something of an advantage over the other coaches left in the Eastern Conference playoffs other than Rivers and the Magic’s Stan Van Gundy. His presence having been an assistant to a duo of coaches (Rivers and Popovich) who have won 5 NBA titles between has to be an asset rather than a disadvantage but yet I hear the naysayers out there stating that the Bulls simply aren’t good enough. If they’ve been good enough to essentially stroll their way to the conference’s best record with a series of notable team highs in terms of season success then why are they not good enough to win it all ? If their record isn’t an indictment of how good they are and that of their coach and his resume’ then what is ? It may well be the one thing that could stop the Bulls is simply that they don’t believe that they’re capable of winning it all which would be a given but would you really be willing to bet against a team who’ve proven to be hard to beat on their homecourt at the United Center and are just as difficult to beat away from home as their season schedule has undoubtedly shown us ?

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Picture gallery for your perusal .

What thoughts if any do you have on the topics raised within this piece and as such as the NBA Playoffs unfold what if anything so far has been of great interest you ? Simply chime in with your own comments and anything else that you may well feel pertinent to this piece .

Alan aka tophatal …………………………

https://tophatal.wordpress.com

Picture and slide show details below .

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(1) Indianapolis Colts Vice President and General Manager Chris Polian responds to a question during a news conference in Indianapolis, Friday, April 22, 2011. Polian talked about the 2011 NFL Draft that will be held next week in New York. AP Photo Darron Cummings ……

(2) NFL lawyer Jeff Pash speaks to members of the media after leaving court ordered mediation presided over by Judge Arthur Boylan at the U.S. Courthouse on April 20, 2011 in Minneapolis, Minnesota. Mediation was order after a hearing on an antitrust lawsuit filed by NFL players against the NFL owners after labor talks between the two broke down last month. Photo by Hannah Foslien /Getty Images ……

(3) NFL lawyer Bob Batterman and NFL Commissioner Roger Goodell leave court ordered mediation at the U.S. Courthouse on April 20, 2011 in Minneapolis, Minnesota. Mediation was order after a hearing on an antitrust lawsuit filed by NFL players against the NFL owners after labor talks between the two broke down last month. Photo by Hannah Foslien /Getty Images …….

(4) Catcher Brian McCann(16) of the Atlanta Braves drops the ball as Jamey Carroll(14) of the Los Angeles Dodgers slides safely into home to tie the game in the ninth inning at Dodger Stadium on April 21, 2011 in Los Angeles, California. The Dodgers defeated the Braves 5-3 in twelve innings. Photo by Jeff Gross/Getty Images ……..

(5) Matt Kemp(27) of the Los Angeles Dodgers hits a game winning two-run home run in the 12th inning against the Atlanta Braves at Dodger Stadium on April 21, 2011 in Los Angeles, California. The Dodgers defeated the Braves 5-3 in twelve innings. Photo by Jeff Gross/Getty Images …….

(6) Matt Kemp, center , (27) of the Los Angeles Dodgers is mobbed by his teammates after hitting a two-run home run to win the game in the 12th inning against the Atlanta Braves at Dodger Stadium on April 21, 2011 in Los Angeles, California. Photo by Jeff Gross/Getty Images …….

(7) Dwight Howard(12) of the Orlando Magic shoots over Zaza Pachulia(27) of the Atlanta Hawks during game two Two of the Eastern Conference Quarterfinals of the 2011 NBA Playoffs on April 19, 2011 at the Amway Arena in Orlando, Florida. Photo by J. Meric/Getty Images …..

(8) Joe Johnson(2) of the Atlanta Hawks rebounds against the Orlando Magic during Game Two of the Eastern Conference Quarterfinals of the 2011 NBA Playoffs on April 19, 2011 at the Amway Arena in Orlando, Florida. The Magic would defeat the Hawks 88-82 to level the series at one game (1-1) apiece . Photo by J. Meric/Getty Images ….

(9) Derrick Rose(1) of the Chicago Bulls shoots the ball while defended by Jeff Foster (50) of the Indiana Pacers in Game three of the Eastern Conference Quarterfinals in the 2011 NBA Playoffs on April 21, 2011 at Conseco Fieldhouse in Indianapolis, Indiana. The Bulls won 88-84 to take a 3-0 lead in their best of seven series . Photo by Andy Lyons/Getty Images ……

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MLB News

MLB Scoreboard

MLB Results 20 th April 2011

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NBA Playoffs 2011

NBA Results from 21st April 2011

NBA Games scheduled for 22nd April 2011

Boston Celtics vs New York Knicks

Orlando Magic vs Atlanta Hawks

Los Angeles Lakers vs New Orleans Hornets

NBA scheduled games Saturday 23rd April

NBA scheduled games Sunday 24th April

Finally An Act of Rationale By MLB And In Particular Bud Selig Who Shows That He Might Indeed Have A Backbone

Finally An Act of Rationale By MLB And In Particular Bud Selig Who Shows That He Might Indeed Have A Backbone

I’ve read with a great deal of glee where the MLB —- hierarchy has now chosen to intervene and take over the day to day running of the operations of the Los Angeles Dodgers and not a moment too soon ! Given the financial situation of the organization and wherein the league hierarchy under MLB Commissioner Bud Selig has sat idly by as Frank McCourt has brought the organization to the brink of bankruptcy . In the last eighteen months two major ballclubs have been placed within the bankruptcy in order that they may have a stay from their creditors while being able to reorganize themselves . First off were the Chicago Cubs whose previous owner billionaire commercial real estate developer Sam Zell placed the team into bankruptcy protection in order to stave off creditors of the Cubs’ parent company (The Tribune Group) at the time going after the team to make the debt payments due. And while this maneuver worked it did cause and cost the company financially a great deal of bad PR that it could have well done without. But what might be even more gave glaring, it gave further credence as to the fact how dire the financial situation was for a number of teams around Major League Baseball .

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Courtesy of MLB.com

Selig to Appoint a rep to oversee Dodgers

By Ken Gurnick , MLB.com

LOS ANGELES — Major League Baseball has taken over operations of the Los Angeles Dodgers, Commissioner Bud Selig announced Wednesday.

“Pursuant to my authority as Commissioner, I informed Los Angeles Dodgers owner Frank McCourt today that I will appoint a representative to oversee all aspects of the business and the day-to-day operations of the Club,” Selig said in a statement.

“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, its great fans and all of Major League Baseball. 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. I will announce the name of my representative in the next several days.

“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.”

McCourt issued a brief statement late Wednesday night that read: “Major League Baseball sets strict financial guidelines which all 30 teams must follow. The Dodgers are in compliance with these guidelines. On this basis, it is hard to understand the Commissioner’s action today.”

In an e-mail message sent to Dodgers employees on Wednesday, McCourt said, “In light of the Commissioner’s announcement today, I ask that you please continue to conduct business as usual with our complete dedication to the game and our loyal fans. Each of you has represented this organization with class, and while this is no doubt a challenging time for all of us, I truly appreciate your efforts.”

McCourt, owner and chairman of the Dodgers, bought the club from News Corp. on Jan. 29, 2004, and the club reached the postseason in four of his seven seasons as owner.

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If one of most renowned teams in baseball has to be forced into bankruptcy through the financial mismanagement of its parent company then what must that forebear for other organizations around the league at the time ? Given the Cubs’ history and perceived financial resources as it was believed to be , this was nothing more than a shot across the bow of the teams who faced much starker situations but who’ve yet to make it known to the public. I’ve heard it said that the hierarchy of the league wouldn’t be prepared to contract teams but that it is utter stupidity by anyone who believes that it can’t , or won’t happen. If it is the league’s wish then it will happen especially in the light of the economic uncertainty and the whole financial mismanagement of teams around the league at present. With the Cubs having been reorganized whilst in bankruptcy protection it was bought by Tom Ricketts and his family (founders of online stock trading company TD Ameritrade) for an unprecedented $ 850 million . Paring down costs to an extent while still trying to remain competitive has been of the highest order for the Ricketts as they seek to make the Chicago Cubs relevant again within the league .

The second such team , with which bankruptcy was forced upon them, were the Texas Rangers who at the time were jointly owned by Texas multi millionaires Tom Hicks and Ken Gillette . Their combined worth an estimated $2.5 billion but somehow they couldn’t make this organization a viable going concern , from a financial or competitive standpoint but yet somehow through their idiocy they managed to offer Alex Rodriguez what was at the time the richest contract in professional sports , a ten year $250 million contract . Rodriguez barely lasted three years with the organization although he managed to win AL MVP award with the Rangers . I can only surmise that Scott Boras as A Rod’s agent at the time , proved what most people may well have known , that in the state of Texas not only are the businessmen dumb but they lack real business acumen also ! Once again through financial mismanagement by an ownership group another team was brought to near extinction and each time MLB Commissioner Bud Selig sat idly by . Having been forced into bankruptcy for failing to meet their financial obligations the team was bought by consortium led by Nolan Ryan and former Rangers’ executive Chuck Greenbeg . A much needed change in fortune has taken place for the Rangers both financially and competitively on and off the field of play but it doesn’t change the fact that the game’s hierarchy and team owners have been less than truthful as to their overall financial plight .

It’s becoming increasingly clear for all who care to take notice that the game isn’t as financially sound as Selig makes it out to be , nor are the owners being financially prudent and fiscally responsible. It’s not just about the economics of the game or the fact of the now overall plight of the economy at but all but the lack of financial oversight and sound business practices that is taking place in almost every aspect of the game. The GM’s around the league have become opulent and ostentatious and it would appear that the owners alike choose not to pare down their expenses but if anything in number of cases pass on those costs to fans through higher priced tickets and in the prices that they pay for concessions and memorabilia . Well now that fans in large part are refusing to meet those demands , it is now becoming clear that the owners and in particular the league hierarchy have seen the light . Unfortunately that doesn’t appear to be the case for Frank McCourt and the Los Angeles Dodgers’ front office who’ve amassed a debt now close to $1.3 billion collectively and who this past month borrowed in excess of $30 million from the local Fox tv station affiliate in Los Angeles to meet the team’s budgetary expenses for the month. Need one ask what would have happened had the MLB hierarchy chosen not to intervene and bring some sanity back within that organization ? Because clearly the likes of McCourt , GM Ned Colletti and Tommy LaSorda have lost their frigging minds if they think that they can continue to exist in such a way while trying to play down their financial plight !

And although it has been reported that McCourt will seek legal action in US Federal Court to stop the league from intervening and taking over the day to day running of the Los Angeles Dodgers I think that given his recent lack of success in the courtroom and the the financial maelstrom that he has brought within the organization , I find it hard to believe that any presiding judge hearing hearing this case would in fact choose to side with the plaintiff ! If anything the judge might be more likely to side with the defendant in the case given the severe financial problems that McCourt and his fellow executives have placed the organization in.

Now while all of this plays out as a comedic and public spectacle there are also calls for the O’Malley family to once again assume control of the Los Angeles Dodgers . As the previous owners of the ballclub I certainly don’t think that they would want to re-enter the fray of owning the organization once again, on any level, be it for the long term , or short term merely as a custodian ! If anything this situation is best left in the hands of Selig , the hierarchy under his authority . If anything it’d open up his eyes and that of the owners now knowing as such that they could be on the hook for the organization’s debt and mismanagement . One thing I do know, it’s highly unlikely that the Dodgers’ creditors would be liable to write off the vast majority of that cumulative debt as it presently stands as they too have a fiduciary responsibility to their shareholders and board members . Obviously that’s something that McCourt and his fellow executives didn’t take into account in terms of their own fiduciary responsibilities as it relates to their own consortium of partners in the Dodgers’ ownership. Living big and spending big doesn’t guarantee success if you simply don’t know what the hell you’re doing to begin with !

It’s certainly funny that given the Dodgers’ plight and that of the New York Mets who have their own vast problems from a financial and competitive standpoint but this might be one of the rare times that Bud Selig has chosen to show publicly that he indeed has a backbone ! God knows that this man has cowered his way under pressure and has acted oblivious to many of the problems that he has either created within the game through lax oversight or showing his complete naivete’ ! One only has to look at his handling of the steroid issue and the fact that he was absolutely powerless because he chose to be confrontational not only with the MLBPA but also with the Congress and in particular with two of its most powerful legislative bodies in the House Government & Oversight Reform Committee as Senate Judiciary Committee . You piss off the hand that feeds you in terms of providing you with your sole reason to exist throught antitrust exemption , you often in the end tend to make even more enemies than you actually want or need . Something that not even Selig would now care to openly admit to at this juncture .

Courtesy of The New York Times

Madoff Profits Fueled Mets’ Empire, Lawsuit Says

By Alison Leigh Cowan & Richard Sandomir

A lawsuit brought by the trustee for the victims of Bernard L. Madoff’s multibillion-dollar Ponzi scheme contends that the owners of the Mets used the profits from their years of investing with Mr. Madoff to enhance their personal fortunes, enrich a number of family trusts and financially fuel their array of businesses — all in the face of repeated warnings that Mr. Madoff’s investment firm might have been a fraud.

The lawsuit, unsealed in federal bankruptcy court in Manhattan on Friday, says the owners, Fred Wilpon and Saul Katz , their families and their businesses “made so much easy money from Madoff for so long” that despite the many warnings — from within their own inner circle, and by other investors and financial institutions — they “chose to simply look the other way.”

“There are thousands of victims of Madoff’s massive fraud,” the lawsuit states. “But Saul Katz is not one of them. Neither is Fred Wilpon.”

Since Mr. Madoff’s arrest in December 2008, Mr. Wilpon has portrayed himself as a victim of the fraud, one he conceded was carried out by a man who had been his friend for many years. On Friday, in a personal statement and through their lawyers, Mr. Wilpon and Mr. Katz decried the trustee’s legal assault.

“The trustee’s lawsuit is an outrageous ‘strong arm’ effort to try to force a settlement by threatening to ruin our reputations and businesses, which we have built for over 50 years,” Mr. Wilpon and Mr. Katz said.

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Click on link to read this article in its entirety .

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If ever there was a cautionary tale to be learned as to the world of sports and how the excess of greed can turn a once beloved spectacle into a crevasse of bungling ineptitude then Major League Baseball would be it. From the cheating , lying and bungling ineptitude of the owners , players , union and the hierarchy itself and their overall unwillingness to act in a proactive manner whenever there is a real problem within their midst. Instead they each tend to act as if there’s nothing wrong at all , until it’s all too late and by then the damage done tend to be irreparable . And when I say damage done it’s not only to the game in terms of its competitiveness , financial stability but also to its very own image and the fact that the vast majority of the fans can and do no longer trust what the game says it stands for or the very people who are entrusted to oversee and maintain its very existence and livelihood .

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Picture gallery for your perusal .

Do you feel that the intervention now undertaken by Bud Selig and the league hierarchy will ensure the Los Angeles Dodgers’ long term existence and livelihood. Or do you feel that the Dodgers ought to have been left to their own devices and let them sink or swim dependent upon what they chose to do in order to survive ? And do you believe that in the long term contraction within the game will become more likely in light of the financial problems that are now coming to light concerning a number of teams within the game of baseball ? Simply leave a comment as to your thoughts on the matter and as usual thanks for the continued support .

Alan aka tophatal ……………………

https://tophatal.wordpress.com

Picture and slide show details below .

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(1) MLB commissioner Bud Selig (left) watches the 81st MLB All-Star Game at Angel Stadium of Anaheim on July 13, 2010 in Anaheim, California. Getty Images North America / Michael Buckner ……

(2) Los Angeles Dodgers owner Frank McCourt (R) greets Don Newcombe, former Brooklyn Dodgers teammate of Jackie Robinson, before the game with the St. Louis Cardinals as Major League Baseball celebrates Jackie Robinson Day on April 15, 2011 at Dodger Stadium in Los Angeles, California. Getty Images / Stephen Dunn ……..

(3) Cubs GM Jim Hendry (left) is seen here alongside team owner Tom Ricketts at the team’s headquarters at Wrigley Field , Chicago , Illinois , speaking to the convened press . AP Photo / Tom Scott ….

(4) Nolan Ryan team President & lead managing partner of the Texas Rangers is seen here with Chuck Greenberg a former executive with the Texas Rangers . Greenberg a respected sports attorney and agent abruptly left the Rangers’ organization earlier , this year. Dallas Morning News / Michael Ainsworth ……

(5) (L – R) Saul Katz, CEO of the Mets, Fred Wilpon, president of the Mets, GM Sandy Alderson and Jeff Wilpon, chief operating officer of the Mets pose for a photo during Alderson’s introduction as the general manager for the New York Mets on October 29, 2010 at Citi Field in the Flushing neighborhood of the Queens borough of New York City. Getty Images North America / Andrew Burton ……

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MLB News

Los Angeles Dodgers News

MLB Scoreboard 21 st April 2011

MLB Results 20 th April 2011

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