The McCourts rambled about the news again yesterday, this time as the squabbling over cash led Commissioner Gordon to fire a shot across their joint bow. The Times' Bill Shaikin who, contrary to rumor, does not sleep at the courthouse, reports:
With each of the McCourts claiming to be low on cash, and with bills piling up, Los Angeles Superior Court CommissionerScott Gordon threatened to resolve both issues at once by putting the Dodgers on the block.
"The parties are unintentionally pushing the court toward an interesting position — selling the asset which is being fought over," Gordon said in a court hearing.
This led commentators near and far to speculate on the effect of a sale, especially in light of the Texas Rangers' situation. Thankfully, everyone--from Shaikin to most of the bloggers--took Gordon's message for exactly what it was: a stern criticism of the litigation's timbre and admonition to both Frank and Jamie that they need to tone down the hyperbole.
The team's not going to be sold to cover interim divorce expenses. I know it, you know it, Frank and Jamie know it, and the court knows it. We've already seen exactly what the court might do if liquidity really is a dire problem. Remember when the couple's Cabo property was ordered sold? That's certainly the sort of action the court might take again should cash become necessary.
I take Gordon's remark as, more than anything else, a reflection on how acrimonious--and, really, tedious--this entire proceeding has become. While I get the strategic value of having six more weeks before this thing hits trial, I get the sense that most everyone connected to this saga is ready for the endgame to at least, you know, begin.
We'll see if it even happens to get that far. I think a settlement is increasingly likely, though I wouldn't expect one until the days approaching trial. There's so much at stake, both in dollars and pride, that my guess is whatever agreement might be reached will be negotiated down to the last practically available moment.