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End Appears Near To Dodgers' Ownership Saga

End Appears Near To Dodgers' Ownership Saga

End Appears Near To Dodgers' Ownership Saga

"When Frank McCourt took the Dodgers into bankruptcy last year, Plan A was to retain ownership of the team. Yet Plan B was just as important. If McCourt had to sell the Dodgers, the U.S. Bankruptcy Court would oversee the sale, not Major League Baseball.

John Moores might have liked court protection. Moores agreed three years ago to sell the San Diego Padres to a group led by Jeff Moorad, but major league owners subsequently balked at granting Moorad control of the team. Moorad essentially surrendered last week and Moores appears to have one choice: keep the Padres, or put them up for sale once again."

 

 

By Truth and rumors
Monday, 26 Mar 2012

 

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