Friday, November 4, 2011
We have followed the fate of the Dodgers in the midst of their owner's divorce. Here comes the final update. From the Washington Post,
The long, drawn-out and all-too-public battle between Los Angeles Dodgers owner Frank McCourt and Major League Baseball over control of the team finally appears to be coming to a close.
Late Tuesday McCourt reached an agreement to begin a “court-supervised process” to sell the Dodgers and its media rights to the league to maximize value for both team and owner. The sale of the team could also include Dodger Stadium.
Bud Selig and MLB took over day-to-day team operations back in April expressing concern that McCourt’s ongoing divorce proceedings were affecting his financial ability to run the franchise in the best interest of the team and its fans.
Read more here.