Team owner Michael Cronin, upset that league commissioner Mattis Pfaendler rejected his cashiers check, now hopes the federal government will approve and extra $25.66 towards his unemployment check to be used for league dues and daily necessities such as cigarettes. A hearing is set for Wednesday at 1:30 p.m. in a Rhode Island Superior Court.
LSN legal expert Tim Sheerer says “You Cant See Me” owner Michael Cronin “bought himself some time by filing for bankruptcy.”
The move by a cash-starved Cronin comes just days before he was expected to miss the league dues deadline of Labor Day, a day Cronin no longer is allowed to celebrate, and possibly be confronted with a London Silly Nathan takeover. Commissioner Pfaendler issued a statement condemning Friday’s development.
"The Commissioner's Office has spent the better part of the last month working with Mr. Cronin and his representatives on the financial situation of You Cant See Me, which was caused by Mr. Cronin’s excessive debt and diversion of unemployment checks for his own personal needs such as weed and Siracha, a popular Chinese hot sauce. We have consistently communicated to Mr. Cronin that any potential solution to his problems that relies on an equally cash-starved government's bailout contributes to the long-term detriment of the club and would not be acceptable.”
Legal expert Sheerer expects LSN to contest Cronin’s request for filing bankruptcy, arguing the dispute should remain within the confines of fantasy football and the league's set guidelines which allows Pfaendler to take control of a team that seeks Chapter 11 protection and dues delinquency.
The main issue is whether "the bankruptcy court maintains control of the proceedings or consents to fantasy football's league rules" said Sheerer. "The courts recognize the special interests of the commissioner and give him great deal of deference. My sense is that won't happen very quickly at all."
However, that being said, to further complicate things, from way out of left field, is a bid to purchase the troubled franchise.
The bid comes from this man, controversial fantasy football maverick Senthil Thilathaicantpronouncethis.
The selling of you can’t see me to such a clouded owner with a such a notorious track record will almost certainly be shot down during the ownership approval process. Another lingering holdup would be the renaming of the historic franchise to “Clue Goo.”
Sources close to the situation say in addition to covering the dues, Senthil is offering a pack of camel crushes and an oil change, desperately needed to keep Cronin’s Subaru able to get to internet access.
The deal is reportedly for everything, including the team, accounts password, and rights to Joe Webb. Cronin has no comment and it’s unclear whether he’s open to selling. But it’s not every day that someone offers you an oil change. Assuming it’s something London Silly Nathans would be receptive to, how could Cronin turn this down given all of the financial challenges he currently faces?
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