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McCourt willing to sell a minority stake in the Dodgers? Yeah, good luck with that.

Jun 21, 2011, 8:25 AM EDT

Frank McCourt

After a day in which the Dodgers mess got messier, word seeps out that Frank McCourt is mulling — had mulled? will mull? — selling a minority stake in the team in order to infuse the organization with cash and preserve his place in the ownership chair.

Of course this is all too little too late. It took the Mets months to pull this off and they had a unanimity in ownership and no court interference as they identified and courted an investor.  Frank McCourt has nine days until the check comes due and even if a magical fairy floated down from the treetops tomorrow with a briefcase full of cash, any sale of a minority stake in the team would have to go through Jamie and a divorce court and through Bud Selig who is obviously not inclined to do McCourt any favors.  Oh: and given how leveraged McCourt and the Dodgers are, how much cash could a sale of a stake of the team truly bring him?  The balance sheet is an utter train wreck.

So, nope, this isn’t happening. At least not in any kind of time frame that will help McCourt.  It’s either lose the team or litigate at this point. Or both.

Oh, and don’t think for a minute Bud isn’t watching you, Frank.  He’s got his eye on you buddy …

  1. uyf1950 - Jun 21, 2011 at 8:32 AM

    Does that mean he’s willing to sell a minority share of his 50% of the Dodgers? Wouldn’t that make his soon to be ex-wife the majority owner?

  2. thoran85 - Jun 21, 2011 at 9:01 AM

    You know who is not cash poor, has a track record of running a franchise well and has interest in owning a baseball team? Oh that’s right, Mark Cuban.

    But, no Bud let’s find another guy who has enough credit to barely afford a baseball team and let him buy it.

  3. Old Gator - Jun 21, 2011 at 9:04 AM

    Caption for the Bud Light picture: “And yours…belongs….to me.”

    • cur68 - Jun 21, 2011 at 9:48 AM

      You know he’s got hard boiled egg stuck in his fangs right?

      I’d actually be openly rooting for Bud if this whole McCourt mess wasn’t ultimately Bud’s fault. Jackass Bud Selig let that guy ‘buy’ a team, so he can clean up the mess.

      • Old Gator - Jun 21, 2011 at 10:00 AM

        My baby red tegu occasionally forgets to wipe his mouth against the food dish when he’s finished eating and the hardboiled egg dries on his jaw – and it stays there till he sheds. I don’t know whether that’s Bud Light’s problem too, but I do know that my little tegu is a lot prettier than he is.

  4. Lincoln93 - Jun 21, 2011 at 9:16 AM

    I’m going to have nightmares from that picture of Bud…

    So, thanks for that.

  5. foreverchipper10 - Jun 21, 2011 at 11:53 AM

    If you want to learn how to use the word “mull” in everything you write please see the Centre Daily Times in Happy Valley. Every other headline in the paper will include some variation of that word. It drove me (and one of my journalism professors) batty.

  6. jimbo1949 - Jun 21, 2011 at 12:56 PM

    Frank mulled his whine?

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