The Los Angeles Dodgers have filed for bankruptcy protection. The move comes after Major League Baseball rejected a TV contract deal for the team.
The bankruptcy filing also comes in the wake of a bitter divorce battle between owners Frank and Jamie McCourt, who finally reached a settlement earlier this month. But Frank McCourt still needs approval of a new $3 billion television deal with Fox Sports. Baseball Commissioner Bud Selig blocked the deal with the News Corp. (NWS) unit last week, saying that he couldn't approve a deal which he described as "structured to facilitate the further diversion of Dodgers assets for the personal needs of Mr. McCourt."
This story is developing. Stay with CNN's This Just In blog for more details.
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Oh well
Get Frank McCourt out of there. Bud Selig, pleeeease seize the team out of that idiots hands. McCourt has
taken a once proud team and trashed it's image for his folly and his and his wife's immature antics.
I believe the Mr. McCourt is being abused by MLB. The ownership of this team is still being decided in a court of law. This team may very well be declared "joint marital property".
Therefore, MLB is sticking their noses where it doesn't belong. "Buying her out" could be better in the long run for the team. Because now that "MLB" has decided to interject their "personal feelings" on the matter, the Judge may now decide to declare the team Joint property which I believe will cause even more drama.
Something smells really fishy about MLB's decision. My opinion: I think that MLB is in bed with Mrs. McCourt because her goals are more in line with theirs. Again, just my opinion.
You are wrong, both McCourts are snakes!
I don't like baseball.
So go away, don't post here.
Baseball is boring. I'd rather watch paint dry. The only joy I get from baseball is making fun of it's slow and agonizing pace.
What a disgrace!
I've heard rumors that Brooklyn is sending a repo man to LA.
This is the main reason I dislike sports; the fun has been over-run by greed and scandal, and it doesn't seem as though the games are accessible to the masses; one has to be rich to "enjoy" a game.
just how poor are?
The past 10-20 years has seen an increase in the sideshow antics of owners and players taking the fun away from the game. It makes me want to not spend my hard earned money on spoiled, sometimes criminal, and overpaid children. Just play and let everyone enjoy the game ignorant to how big of a slimy measle you are. I totally agree Diana.
Weasel not measle.. stupid phone.
*Gasp*!
I'm shocked!
Not really......
Hope MLB grabs the team up ASAP and sells it to someone who can run it like a real business and not a personal piggy bank.
GREAT COMMENT!
Who cares who ends up owning the Dodger's, they still stink! 10 games under .500 in the awful NL West, it's disgraceful. Remember, they finished under .500 last year, as well, a few games out of last place. They should thank their lucky stars that they have the Padres in their division!
Just another sign of the failing economy of the nation.
Who would have thought that the dodgers would come to this