I haven’t really talked about this yet, but I kind of feel obligated to put out a post about it, so here’s my take:
First, please understand this is an MLB take, not a Red Sox take. I’m saying this as a baseball fan, not as a Red Sox fan complaining about the Dodgers. This does NOT excuse Red Sox ownership whatsoever. Boston is a massive-market team with plenty of money, and I’ve criticized ownership plenty for not spending like one.
As someone who DOESN’T want a salary cap, what’s coming out about the Dodgers leaves an absolutely disgusting taste in my mouth.
For YEARS, we’ve heard the same argument about the Dodgers: This is what good ownership looks like. Every team could do this. Your owner is just cheap.
And now we’re learning it apparently wasn’t that simple.
Roughly $1.45 BILLION in debt tied to the Dodgers’ media operation is reportedly held by insurance companies connected to their own ownership group. The structure potentially allows money to remain within that ownership ecosystem while reducing the net TV revenue subject to MLB revenue sharing.
Think about what that potentially means.
We spent years being told every team could operate like the Dodgers. Meanwhile, other teams realistically could NOT replicate this structure, and the Dodgers may have actually been reducing the amount of their TV money being shared with those same teams while building the financial machine that helped support their unprecedented spending.
And this is where I have a major problem with the national baseball media.
Jeff Passan. Ken Rosenthal. Jon Heyman. Bob Nightengale. These are some of the biggest and most influential reporters covering this sport.
I am NOT accusing any of them of knowing this was happening (Well Passan maybe not sure if anyone else saw that report).
But now that these reports ARE out, where is everybody?
Because after YEARS of discussion about the Dodgers’ spending, competitive balance, deferred contracts and whether other owners should simply follow LA’s example, I cannot understand how something potentially this significant isn't dominating the conversation.
And I have a really hard time believing that if allegations this serious emerged and supported the opposite side of this debate, they would be met with this level of silence.
If we learned that smaller-market owners had potentially constructed some elaborate financial structure to artificially make themselves look poorer, collect more revenue-sharing money and justify refusing to spend, does anyone seriously believe baseball media would just shrug and move along?
They’d be getting DESTROYED. And frankly, they should be.
That same scrutiny needs to apply here.
And after years of being told everyone else could simply “do what the Dodgers do,” this leaves an incredibly disgusting taste in my mouth.
Because the Dodgers went bankrupt, MLB agreed to tax their TV money as if they were still a broke.
That lets the Dodgers keep about $66 million more every year than they otherwise would.
This exception runs through 2039, according to a league source.
https://t.co/iRSaxeDoyT
I think it's time #MLB revisits one aspect of the Ohtani rules and eradicate the exemption the #Dodgers get to carry an extra pitcher. I'm ok with allowing him to DH when he pitches and remain in game but roster advantage not fair in my opinion.