Dodgers officially for sale
NEW YORK — Maybe a “For Sale” sign should be erected outside Dodger Stadium.
Team, ballpark, land and television rights available. Price: $1 billion and up.
The process of finding a new owner for the Los Angeles Dodgers began early Wednesday when current boss Frank McCourt and Major League Baseball released a joint statement saying they had agreed to a court-supervised sale of the once-glamorous and now bankrupt franchise.
In the long-term, the deal will allow the Dodgers to move ahead and try to get back to baseball’s elite. But the club’s fans may well have to endure another season adrift as the sale works itself out.
While the sides hope for a quick deal, giving McCourt the money to pay his divorce settlement by April, MLB sales sometimes drag on for six months to 1Z\x years. Once bidders are identified, the court is likely to conduct an auction.
