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The Dodgers are not going to be able to bid on big free agents

Nov 10, 2011, 12:00 PM EDT

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There has been some chatter that the Dodgers, despite their current limbo, would be able to nonetheless be able to bid on big free agents like Prince Fielder. The Rangers, after all, were able to take on Cliff Lee‘s salary when they were awaiting a bankruptcy auction, and the thinking then was that, short term costs aside, it was a good thing because it enhanced the team’s overall value.

But apparently that’s not going to be the case for the Dodgers:

The Los Angeles Dodgers will not be able to bid on free agents such as Prince Fielder andAlbert Pujols until the team is sold, a source close to Dodgers owner Frank McCourt told ESPN.com on Wednesday. The team is expected to sell for in the neighborhood of $1.2 billion, the source said, adding the process will likely take 4-6 months, spilling into 2012 and further reducing the Dodgers’ chances of acquiring players through free agency.

Well, at least they got Juan Rivera in under the wire. Go Dodgers.

  1. Detroit Michael - Nov 10, 2011 at 12:12 PM

    You would think that the players’ union would object to having a team controlled by the Commissioner decide that it will not bid on any free agents.

    • Kevin S. - Nov 10, 2011 at 12:16 PM

      Is that the commissioner’s office or the bankruptcy court making that call?

      • Detroit Michael - Nov 10, 2011 at 12:51 PM

        Good point. It’s not clear to me from the ESPN article.

    • quintjs - Nov 10, 2011 at 1:31 PM

      While the Dodgers not bidding on free agents this year is bad for Fielder and Pujols and the likes, getting rid of McCourt and thus improving the chances the Dodgers will have money to spend in the future is in the long term best interests of the players.

  2. sdelmonte - Nov 10, 2011 at 1:07 PM

    In other news, the sun rose in the east.

  3. umrguy42 - Nov 10, 2011 at 1:09 PM

    I still want to know who’s gonna give Frank McBankruptcyCourt $1.2 Billion for the mess that is the Dodgers situation right now…

    • paperlions - Nov 10, 2011 at 1:16 PM

      It isn’t the team that is valuable…it is all the properties surrounding the stadium that are highly valuable, no matter how screwed up the Dodgers are (which is a temporary state), the properties McCourt owns are worth a crap load as parking facilities or for development.

    • andrebeingandre16 - Nov 10, 2011 at 2:14 PM

      plus the dodger brand is known worldwide. so even though the team has been down lately the dodgers have the potential to be a cash cow.

    • Cris E - Nov 10, 2011 at 4:08 PM

      No one is paying $1.2b for that.

      Frank is just talking large to maintain the illusion that all talks are going to occur at that altitude. If he said “We’re going to sell for $900m” then the first seller in the door is going to start 20% below that. It’s posturing for the media today and buyers later on. What makes it ridiculous is that anyone buying the team is going to be sophisticated enough to brush this aside and set their own valuation.

  4. Richard In Big D - Nov 10, 2011 at 3:43 PM

    You may recall that, due to the genius that is Jon Daniels, Cliff Lee’s salary was paid by the M’s as part of that trade. It was not a free agent signing, so that comparison doesn’t apply here… Apples vs. Oranges.

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