You're watching...
Dodgers Tug-of -War
Details
-
Description
Former Mets GM Steve Phillips on the Dodgers financial battle.
- Duration 4:39
- Date Jun 28, 2011
You're watching...
Former Mets GM Steve Phillips on the Dodgers financial battle.
Also in this playlist...
Auto-advance: ON
Auto-advanceThis transcript is automatically generated
LA Dodgers out of practical he's fighting coal fighting in bankruptcy court to keep his feet.
Major League Baseball wants to force -- facilitate.
Sent it doesn't have enough money to make payroll this Thursday Steve Phillips is back because it's.
With a C welcome back thanks for having that -- -- up people like Manny Ramirez Andrew Jones Vince Scully.
All -- food money.
Are they gonna get the money and what does it come from.
Well I think there are gonna get the money you know certainly players are precooked protected by the players association in the union for the players.
Went to Major League Baseball got assurances that they're going to get paid so despite the fact -- -- -- is no longer with the Dodgers and Andrew Jones.
They're still protected by the union they're gonna get the money Vin Scully when it will generally come from the well right -- what -- think Frank McCourt has a loan set up -- -- -- -- get a 150 million dollars total floating -- 10% interest for a half million dollar fee.
Major League baseball's first gonna say.
The bankruptcy court has no right handling this.
If they don't get that thrown out -- -- gonna say will give the Dodgers better terms than what they're getting from this person loaning the money.
And then it'll be Major League Baseball dollars -- will pay the players in pay the employees that I.
End result you have a result in his league baseball money that -- amount -- -- Now tell me about the effect on the -- themselves as a -- team that performance.
There about sceptical for heaven's -- some of the guys have a little delay in getting paid.
I can't imagine that that's good for the -- -- performance so they they think bankruptcy court what's that they they don't care it's not judge -- or they don't know what court is it's all about you don't whose who whose names on the check but as long as there's money there when they cast a check.
They don't care when it comes to owners and even shuttle managers -- hate to say it.
They don't care it's all about the manager in the players what's going on with the guys in uniform so you a general manager of the -- yes I was -- play yes I did but -- -- -- -- over to the management and they get a you get -- -- -- and -- thing they could play when I signed them I don't know what the manager there once they gave him when we lost games that must -- been his -- -- Home yes but it.
But if it can't estimate that that the Dodgers have taken a huge hit -- But you're telling me that they not they are you I know -- dodges I know all about the Dodgers in 1957 moved from new York and all that stuff.
I think of them as a great iconic American sports team well that take an appeal -- It appears that the players don't care.
The brand has taken a major major hit so I think this iconic franchise.
Has taken a major -- and in a lot of people atop what it's embarrassing to baseball -- embarrassing for the Dodgers organization president.
Thinking when they start winning -- -- start but if I -- I mean if they win I think they feel they're gonna you know -- would bring more tenets of the gonna generate more revenues but that still isn't gonna solve the issue for Frank McCourt.
It's likely he's gonna end up having to -- if you were to be put -- -- option.
I'd have to -- gets put up for auction.
And makes the -- was no control over who buys it and Mark Cuban comes in and buys -- -- the small part of this is Mark Cuban owner of the Dallas Mavericks.
-- -- doesn't want that but I'm confuses the white ceiling when want debt.
Well on track record.
He does I mean look baseball owners -- Bud Selig I give a lot of repeat beat takes a lot of hits I think is a hall of fame commissioner.
He's met a lot of changes that have -- revenues grown exponentially with him.
But you know baseball kind of slow to change in the -- Mark Cubans of visionary he's a got a looks ahead of the future he can make them a lower -- are gonna break out -- but I think you would be good for Major League Baseball try to move it forward into this into the century now.
The a lot of groans and now control room when you said it -- -- is -- hall of fame management I don't -- commissioner the reality is.
Revenues have grown exponentially you've got new facilities in many cities.
Are you -- of -- wild card and talk about you know interleague play those have all been very very successful I understand -- the end steroids.
Commissioner he had no ability to make a change -- steroids until it was collectively -- he could you elaborate make a change eating like a blind eye to it.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Don't get as -- rich Edson.
What about political guys in Washington emailing us as we speak -- you see that he's -- -- of thing.
Absolutely.
As of -- isn't -- he will get into.
Okay at a time you should see what is screaming in my thoughts Steve Phillips excellent stuff thanks so much for joining us for -- --