Originally written on NESN.com  |  Last updated 11/15/14

LOS ANGELES, CA - AUGUST 30: Frank McCourt leaves Los Angeles County Superior Court after day one of a non-jury divorce trial on August 30, 2010 in Los Angeles, California. The trial, being presided over by Judge Scott M. Gordon in California Superior Court, is to decide whether Frank McCourt is the sole owner of the Los Angeles Dodgers baseball team or his estranged wife and former Dodger CEO Jamie McCourt still has ownership stake in the team. (Photo by Kevork Djansezian/Getty Images)
LOS ANGELES -- Embattled Los Angeles Dodgers owner Frank McCourt and Major League Baseball reached an agreement late Tuesday to sell one of the sport's most storied franchises, ending a seven-year run that included four trips to the postseason before recently becoming mired in legal troubles capped by a filing for bankruptcy protection. A joint statement said there will be a "court-supervised process" to sell the team and its media rights to maximize value for the Dodgers and McCourt. The Blackstone Group LP will manage the sale, which could include Dodger Stadium and the surrounding parking lots. The announcement came...
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