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L.A. Dodgers Finally Sold; McCourt and MLB still in Big Mess (Video)

November 3, 2011 By paulmbanks

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The Los Angeles Dodgers have been sold! For over $1 billion! Cue up the Dr. Evil voice. Boss Frank McCourt and Major League Baseball (MLB) settled on a court-supervised auction of the bankrupt franchise. The L.A. Dodgers ballpark, Dodger Stadium ballpark, land rights and television rights could all be included in the potential package of goods sold.

After the jump check out NMA’s hilarious animated video on the topic.

And here’s our list of the top 5 candidates to own the L.A. Dodgers.

Potential bidders for the franchise could include Mark Cuban, individual investors such as Peter O’Malley, Dennis Gilbert, Steve Garvey, Orel Hershiser, and Fred Claire, and groups such as Blackstone Group, News Corp, Time Warner or Walt Disney.

A sale would help McCourt fund a $130 million divorce settlement. McCourt had hoped to retain control of the Dodgers by winning the right to sell the team’s lucrative TV rights in bankruptcy court. MLB Commissioner Bud Selig has openly sparred with McCourt, claiming he has ‘looted’ $189 million from the team for personal interests.

Paul M. Banks is CEO of The Sports Bank.net, a Google News site generating millions of unique visitors. He’s also a regular contributor to Chicago Now, Walter Football, Yardbarker, and Fox Sports.

A Fulbright scholar and MBA, Banks has appeared on live radio all over the world; he’s also a member of the FWAA, USBWA and SPJ. The President of the United States follows him on Twitter (@Paul_M_BanksTSB) You should too.

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Filed Under: MLB Tagged With: alec gores, alec gores dodgers, dodgers, dodgers new ownership, dodgers owner candidates, dodgers ownership, dodgers ownership candidates, l.a. dodgers, l.a. dodgers issues, l.a. dodgers new owner, l.a. dodgers owner, l.a. dodgers ownership, l.a. dodgers problems, Los Angeles Dodgers, Magic Johnson, Mark Cuban, mark cuban dodgers, philip anschutz, phllip anschutz, ron burkle, steve garvey

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