Found November 02, 2011 on
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...
BEST OF MAXIM
The long, painful nightmare that was the McCourt Era in LA will soon be coming to an end, with the news that the embattled owner has agreed to finally put the team up for sale.
Court documents show Los Angeles Dodgers owner Frank McCourt must pay his former wife, Jamie, $131 million by the end of April as part of their divorce settlement.
The terms of the binding settlement were filed in Los Angeles Superior Court on Thursday. If he comes up with the money before April 30, 2012, $1 million per month will be shaved from his tab.
Frank McCourt and Major...
Very cool news from the Bryan Stow website today.
The 42-year old paramedic and father of three, who is in a Northern California rehabilitation center still recovering from the vicious attack he suffered at the hands of two LA gang bangers at Dodger Stadium on Mar. 31, wrote his name for the first time since the incident sparked outrage across the baseball world.
“[It] speaks volumes...
Per Bill Shaikin on Twitter. It's hard, now, to come up with the right words to express what this means to me, but it's a happy day, tempered with the knowledge that once I was pleased to see Fox sell, too. It's every bit as important that the next owner of the Dodgers be fiscally sound and competitively minded.
Hallelujah and amen.
Update: Here's the longer-form...
It's a rare day you'll hear me agree with almost any elected official, but it's hard to dispute LA County Supervisor Mike Antonovich:
"Frank McCourt's pathetic legacy from shirking responsibility in the Bryan Stow beating case was further soiled by the inference that Bryan had culpability in his own severe beating," he said.
"As a Dodger fan and an...
LOS ANGELES -- Frank McCourt has agreed to sell the Los Angeles Dodgers, surrendering the team he fought to retain for two years and in two courts.
Days of Our Lives, the McCourt Season is nearing a close. The rollercoaster ride that is the Los Angeles Dodgers franchise has been sold, and the villainous owner Frank McCourt is being shipped out of LA as we speak. We cannot confirm if his ex-wife’s limo driver will be taking him to the airport, but, we did catch a glimpse of the custom U-Haul’s that Bud Selig has sent to...
Dodgers headed to bankruptcy court auction
Embattled owner Frank McCourt has finally relented and agreed to sell the Los Angeles Dodgers.
In a divorce settlement filed Thursday, Jamie McCourt keeps two homes in Malibu, one in Holmby Hills and one in Vail, Colo. Frank keeps two Massachusetts homes.Within 48 hours of agreeing to sell the Dodgers, team owner Frank McCourt officially surrendered his claim to what had been his Los Angeles homes.
LOS ANGELES (AP) -- Los Angeles Dodgers owner Frank McCourt must pay his former wife and ex-team CEO Jamie McCourt $131 million by the end of April as part of their divorce settlement, according to a binding settlement filed Thursday.
The Dodgers are nearing a deal with Juan Rivera and have drawn interest from a high-profile potential buyer. Here are more notes from the division...
Dodgers owner Frank McCourt will get at least $1 billion if he agrees to sell the team, according to Jon Heyman of SI.com (on Twitter). Dodger Stadium and its surrounding parking lots will likely be included in any sale.