In Friday's filing, the league argued that the Dodgers are McCourt's sole significant source of income and that some revenues from any television deal would be diverted toward his personal expenses as well as to his obligations to his ex-wife Jamie, rather than be invested in upgrades to the team and to Dodger Stadium.
To: All
McCourt’s final ploy to retain ownership has been effectively neutered, with MLB declaring they would NOT approve sale of TV rights.
Yay, it would be absolute heaven to start next year with new ownership and our hotter’n’hot team.
To: La Enchiladita
Is MLB trying to get the Dodgers Liquidated? If McCourt can’t get a plan approved then the Dodgers will go Ch-7 and MLB can bid for the dregs. How much money does the Dodgers owe MLB?
To: La Enchiladita
Very good news in my opinion. The McCourts were not welcome at the start and their unethical behavior is currently harming the Dodger fans and the MLB product. Here is a
You'll find a good duscussion
here.
10 posted on
09/23/2011 7:10:03 PM PDT by
Falconspeed
("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson (1850-94))
To: La Enchiladita
I think the biggest problem MLB has with Frank McCourt was the fact Mr. McCourt was going to use something like US$173 million of the US$500 million from the Fox SportsNet TV deal to pay off his ex-wife Jamie in the divorce settlement, instead of using all US$500 million on improving the team and renovating Dodger Stadium.
As such, MLB wants an owner that is willing to use all of its revenue sources to the Dodgers to pay for improving the team and the stadium. And there are a number of suitors already to buy the team.
12 posted on
09/24/2011 4:09:47 PM PDT by
RayChuang88
(FairTax: America's economic cure)
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