It would sure be nice if the A's could use this as an excuse to get out of that contract, but invoking the "morals clause" in the standard player contract is very difficult to do even in the worst behavioral examples, and unlikely to succeed.
We're still stuck with him. I was having a hard time liking Loaiza to begin with, but I tried. Now, however, I shall now consider Loaiza as a resident of the deepest levels of my doghouse. He's going to have to not only play extremely well, but show show a healthy dose of genuine contrition and remorse, to have any chance of getting off my list of least-favorite Oakland Athletics players of all time.