Tuesday, November 01, 2011

Dodgers To Go Up For Sale

The long Los Angeles nightmare is about to end as Frank McCourt will sell the Los Angeles Dodgers, Dodger Stadium and the surrounding land in bankruptcy court.
The potential bad news is that Dallas Mavericks owner Mark Cuban may now the the front-runner to purchase the storied franchise.
Mr. Cuban was interested in buying the Dodgers earlier this year. But not at $1,000,000,000.
Now, Mr. Cuban can pay a lot less, but more than Mr. McCourt paid for the team in 2004.
My hope is that an ownership group led by the former owner, Peter O'Malley, can buy the team. Mr. O'Malley would bring immediate benefit and stability to a team that has been rather unstable the past several seasons.
Whatever happens, Frank McCourt will not be the owner of the Los Angeles Dodgers come Opening Day, 2012. And the nightmare will be over. Hopefully.

No comments: