Peter O’Malley says that the business focus for the former Dodgertown complex in Vero Beach will remain on youth tournaments and visiting teams, not professional baseball. O’Malley invested in Vero Beach Sports Village (VBSV), formerly known as Dodgertown. O’Malley will be one of five equal partners in VBSV management: MiLB will retain a share, while the […]
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Peter O’Malley back in baseball — in Vero Beach
Peter O’Malley, who last week announced his intention to bid on the Los Angeles Dodgers, is back in baseball — in Vero Beach, as an investor in Vero Beach Sports Village (VBSV), formerly known as Dodgertown. Peter is the 73-year-old son of Dodgers scion Walter O’Malley, who moved the team from Brooklyn to California and […]
O’Malley: I want to bring the Dodgers home
Peter O’Malley has informed MLB Commissioner Bud Selig about his intent to form an investment group to bid on the Los Angeles Dodgers, Dodger Stadium, and related entities. Late last night Frank McCourt and MLB reached an agreement for the team and its related companies to be sold at auction, with a sale overseen by […]
McCourt throws in towel, will sell Dodgers
Frank McCourt will participate in a court-supervised sale of the Los Angeles Dodgers, Dodger Stadium and associated businesses, ending a standoff with Major League Baseball over the future of the franchise. The announcement was made last night and follows months of legal wrangling over McCourt’s attempts to sell future media rights in an effort to […]
McCourt looted $189 million from Dodgers: MLB
Frank McCourt has raided Los Angeles Dodgers and Dodger Stadium financial coffers improperly to the tune of $189.16 million, according to MLB attorneys, in anticipation of bankruptcy-court proceedings next week. The battle lines are emerging in the Delaware bankruptcy proceedings: MLB attorneys say McCourt isn’t fit to run and own the team; Fox opposes McCourt’s […]
Dodgers lower season-ducat costs for 2012
The Los Angeles Dodgers, operating under a cloud as owner Frank McCourt and MLB fight it out in court, go on the offensive by lowering season-ticket pricing for 2012. That 2011 was a very miserable year for one of baseball’s flagship franchises is an understatement: announced attendance was down some 18 percent, to 36,236 per […]
Jamie to Frank: The Dodgers are yours
Perhaps sensing this is the best way to get some cash out of her divorce to Frank McCourt, Jamie McCourt has agreed to let him keep the Los Angeles Dodgers and Dodger Stadium as part of a settlement and will support his effort to sell the team’s media rights. The McCourts have been embroiled in […]
Beating victim Stow released from hospital
Nice timing: Bryan Stow, the victim of a horrible beating at Dodger Stadium on Opening Day, reached a major milestone yesterday when he was released from San Francisco General Hospital to a rehab facility. He still has a long route to recovery: he only began speaking recently, he’s not able to walk and he is […]
MLB records strong year on attendance front
It was a good year for Major League Baseball and the Philadelphia Phillies: MLB recorded the fifth-highest attendance in its history, while the Phillies led baseball in attendance for the first time. This year’s total of 73,425,568 was the most since the 2008 season (78,588,004) and was 0.5 percent greater than last year’s total of […]
Want to buy a chunk of Wrigley Field? Dream on
The Chicago Tribune’s Phil Rosenthal says one way to raise funds for a Wrigley Field renovation is selling shares to the public. There are two huge reasons why this will never happen: Major League Baseball would never allow it and the public doesn’t have $200 million sitting around to benefit the Tom Ricketts family. In […]
MLB to bankruptcy judge: Force McCourt to sell Dodgers, or we’ll do it later
In a bankruptcy-court filing, Major League Baseball has asked the Delaware judge overseeing matters to force Frank McCourt to sell the Los Angeles Dodgers and related assets — or else MLB will seize the team post-bankruptcy. “Mr. McCourt cannot hide the Dodgers in bankruptcy forever,” the filing read. The Los Angeles Times reported on the […]
Weirdness bubbles to surface in Dodgers bankruptcy
A lawyer representing five Los Angeles Dodgers season-ticket holders — including the Frank Sinatra estate — is asking a Delaware bankruptcy court to force the team to pay for her representation of fans in the court proceedings. The Sinatra heirs control eight primo season tickets at Dodger Stadium. Bankruptcy attorney Robbin L. Itkin is asking […]
Dodgers attendance woes could cost team $27 million
A bad season for the Los Angeles Dodgers gets worse, as a significant drop in attendance could end up costing the team some $27 million in decreased game-day revenues — or even more. The Dodgers have experienced a significant drop in attendance this season to 36,706 a game, some 16 percent this season versus the […]