Frank Mccourt, Sports Team Owner | featured news

(Image from article: "Frank McCourt is offered $1.2 billion for Dodgers")

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McCourt management of Dodgers under grand jury investigation

A federal grand jury is investigating possible criminal financial misconduct of the Dodgers and related entities during the ownership of Frank and Jamie McCourt, a person familiar with the matter told The Times.

Dodgers usher in new era of ownership

The Los Angeles Dodgers, one of the most successful franchises in Major League Baseball, ushered in a new era of ownership Wednesday while ending a dismal chapter of ownership under Frank McCourt, who baseball's commissioner described as "looting" the club of $190 million to fund an extravagant lifestyle.

Frank McCourt is offered $1.2 billion for Dodgers

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.

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