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The all-cash bid comes from Bill Burke, founder of the L.A. Marathon, plus 'state-owned investment institutions of the People's Republic of China' and unidentified American investors, a letter sent to Frank McCourt says.
The Los Angeles Dodgers were cleared on Tuesday to borrow $60 million to make payroll, but the team spent its first full day in bankruptcy battling with Major League Baseball.
Major League Baseball is objecting to the bankruptcy filing by the Los Angeles Dodgers, accusing team owner Frank McCourt of siphoning off more than $100 million in club revenue and driving the Dodgers into a liquidity crisis....
Frank and Jamie McCourt have reached a divorce settlement, according to three people familiar with the case... The McCourts filed for divorce 20 months ago, one week shy of what would have been their 30th anniversary and the ownership of the Dodgers has been in limbo ever since.
Police this morning took into custody one of two men suspected in the opening-day beating of Giants fan Bryan Stow.A man suspected of being one of the two assailants in the brutal beating of Giants fan Bryan Stow at Dodger Stadium was taken into custody early this morning, Los Angeles police sources say.
Baseball Commissioner Bud Selig says he will appoint a trustee to oversee the team's business affairs while investigating the 'operations and finances of the Dodgers and related entities.'Baseball Commissioner Bud Selig stripped Dodgers owner Frank McCourt of financial control of the club Wednesday, saying he would appoint a trustee to oversee the team's business affairs while investigating the "operations and finances of the Dodgers and related entities."
Los Angeles police are looking for two men who beat and critically injured a San Francisco Giants fan in the Dodger Stadium parking lot after the opening day game.