It was just a matter of time and the final approval of the bankruptcy court until the sale of the Dodgers was approved; it was supposed to happen on Monday, but was delayed until Tuesday, for reasons that are still unclear. Still, Bill Shaikin has the tweet:
Dodgers Sale Has Closed; Frank McCourt Era Ends
Source: #Dodgers sale has closed. McCourt era has ended.
— Bill Shaikin (@BillShaikin) May 1, 2012
Frank McCourt and his wife Jamie bought the Dodgers in 2004; their messy divorce and bankruptcy that led to this sale is detailed throughout this StoryStream. Now, Dodger ownership goes to a group with money, Magic Johnson and local connections:
That’s a record for any major league baseball team sale, by a lot; the former record was the $845 million the Ricketts family paid for the Chicago Cubs in 2009.
For more on the Dodgers, please visit True Blue LA and SB Nation Los Angeles.
See More:
