L.A. Dodgers file bankruptcy
Frank McCourt, the owner of the Dodgers.
June 27th, 2011
09:23 AM ET

L.A. Dodgers file bankruptcy

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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Filed under: Baseball • Sports
soundoff (40 Responses)
  1. L. Ron Howard

    Oh well

    June 27, 2011 at 10:06 am | Report abuse |
  2. jOhn

    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.

    June 27, 2011 at 10:38 am | Report abuse |
  3. SheSharpShoots

    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.

    June 27, 2011 at 10:47 am | Report abuse |
    • Big Blue

      You are wrong, both McCourts are snakes!

      June 27, 2011 at 5:04 pm | Report abuse |
  4. Daniel

    I don't like baseball.

    June 27, 2011 at 10:57 am | Report abuse |
    • Big Blue

      So go away, don't post here.

      June 27, 2011 at 5:05 pm | Report abuse |
    • V for... Whatever..

      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.

      June 28, 2011 at 12:06 am | Report abuse |
  5. Bender707

    What a disgrace!

    June 27, 2011 at 11:37 am | Report abuse |
  6. Lugosi

    I've heard rumors that Brooklyn is sending a repo man to LA.

    June 27, 2011 at 11:45 am | Report abuse |
  7. Diana

    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.

    June 27, 2011 at 11:47 am | Report abuse |
    • Big Blue

      just how poor are?

      June 27, 2011 at 5:06 pm | Report abuse |
    • V for... Whatever..

      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.

      June 28, 2011 at 12:10 am | Report abuse |
    • V for... Whatever..

      Weasel not measle.. stupid phone.

      June 28, 2011 at 12:12 am | Report abuse |
  8. banasy

    I'm shocked!
    Not really......

    June 27, 2011 at 2:45 pm | Report abuse |
  9. Big Blue

    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.

    June 27, 2011 at 5:08 pm | Report abuse |
  10. Big Blue


    June 27, 2011 at 5:16 pm | Report abuse |
  11. Bill the anti Dodger

    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!

    June 27, 2011 at 5:26 pm | Report abuse |
  12. Test Fan

    Just another sign of the failing economy of the nation.

    June 30, 2011 at 7:00 pm | Report abuse |
  13. [url=http:dodgers.com]Dodger Fan[/url]

    Who would have thought that the dodgers would come to this

    June 30, 2011 at 7:03 pm | Report abuse |
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