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More MLB dreams in Montreal

Rodger Brulotte says there’s an investment group willing to bring Major League Baseball back to Montreal. Are they serious, or are Expos fans getting their hopes up unnecessarily? When the Expos left Montreal and Olympic Stadium, there were some pretty bad feelings all around: locals were upset about Jeffry Loria dumping the franchise in MLB’s […]

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Judge: Dodgers must accept MLB loan

A Delaware bankruptcy judge held that the Los Angeles Dodgers owner Frank McCourt must negotiate with MLB over the terms of a loan, citing the more favorable terms of the deal. McCourt had arranged $150 million in Debtor-in-Possession (DIP) financing from a JP Morgan hedge fund, Highbridge Capital, under some pretty onerous terms — 10+% interest, […]

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