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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 […]

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Dodgers: Selig was unfair toward team ownership

In a signal that Frank McCourt’s lawyers are planning on playing hardball during bankruptcy proceedings, they’re asking Major League Baseball to hand over a raft of documents about how Commissioner Bud Selig has treated other teams during troubled financial times — information MLB lawyers will surely fight to keep private. McCourt’s attorneys are obviously attempting […]

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McCourts reach tentative divorce agreement, allowing Frank to keep Dodgers — maybe

Frank and Jamie McCourt reached a tentative divorce agreement that would potentially allow Frank to retain control of the Los Angeles Dodgers, but with one huge condition: in order to fund a settlement, MLB Commissioner Bud Selig must approve a controversial long-term sale of TV broadcast rights to Fox Sports. The settlement, announced this morning, […]

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Selig seizes Dodgers from McCourt

Distressed over the deteriorating financial condition of the Los Angeles Dodgers, Commissioner Bud Selig has seized control of the flagship MLB franchise and will appoint a trustee to oversee “all business and day-to-day operations” of the ballclub. The surprise move came after a questionable $30 million personal loan to Dodgers owner Frank McCourt from Fox […]

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