Thursday, April 21, 2011

Dodger Blues

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-Digger's Daily-

Major League Baseball has taken over day to day operations of the Los Angeles Dodgers. An ugly divorce battle between owners Frank and Jamie McCourt have fueled speculation the team was in financial crisis. McCourt reportedly borrowed $50million recently from Fox Sports to meet payroll and was seeking $200million advance payment on television royalties which was subsequently rejected by Commissioner Selig.
There's been plenty of turmoil in LA. McCourt's divorce. A Giants fan critically beaten in the Dodger Stadium parking lot. Payroll concerns. Dwindling attendance. Selig thought it was time to step in as this once proud franchise teeters with doom.
"Pursuant to my authority as Commissioner, I informed Los Angeles Dodgers owner Frank McCourt today that I will appoint a representative to oversee all aspects of the business and the day-to-day operations of the Club," Selig said in a statement. (mlb.com)

So what becomes of the Dodgers? LA is a lucrative franchise in a prominent city. Buyers should be lining up at the door. Speaking of buyers, all's quiet in New York these days. Mets brass may soon fall under the direction of MLB too if they're not careful. Mets are in steep financial decline rocked by ownerships Madoff association.
Dodger Blues haven't sang this loud since Walter O'Malley & Robert Moses stomped on thousands of Brooklyn hearts many years ago.

(www.allworldallsports.com)

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