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November 19, 2011

Fox seeks immediate dismissal of Dodgers from bankruptcy

"Fox Sports on Friday asked that the Dodgers be discharged from bankruptcy immediately, saying that owner Frank McCourt need not pursue a plan to market the team's television rights because he can repay his creditors in full now by selling the team.

In a filing in U.S. Bankruptcy Court, Fox said McCourt would be able to sell the Dodgers 'for a handsome price,' either with the current television contract intact or with a new owner negotiating a new television deal.

'Neither option requires these bankruptcy cases to continue,' the filing read."

Read more here.

November 19, 2011 | Permalink

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