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Frank McCourt agrees to sell Dodgers

Frank McCourt agrees to sell Dodgers

Frank McCourt agrees to sell Dodgers

 

Bill Shaikin of the LA TImes reports "Frank McCourt has agreed to sell the Dodgers, surrendering the team he fought to retain for two years and in two courts.

McCourt and Major League Baseball have agreed to seek approval from the U.S. Bankruptcy Court for an auction of the Dodgers, according to a joint statement issued late Tuesday night. The sale is expected to include the team, Dodger Stadium and the surrounding parking lots, a package bought by McCourt for $421 million in 2004 and likely to sell now for two to three times as much." - LA Times

 

By Truth and rumors
Wednesday, 2 Nov 2011

 
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Comments

  • Myone said: Is he selling it to Marc Cuban? I heard that dude is interested in buying the team. That will surely be cool. - The Review Solution 11:17AM 01/28/14
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