Nov 1, 2011, 12:09 AM EDT
It looks like Bud Selig may get his wish.
According to Bill Shaikin of the Los Angeles Times, Frank McCourt “appears close” to an agreement with MLB on a bankruptcy settlement in which he would agree to sell the Dodgers.
We learned last week that the Dodgers’ bankruptcy trial was postponed for a month so that the two sides could explore the possibility of a settlement and sale.
Negotiations are fluid and could break down at any time, but Shaikin writes that the deal would “probably” include Dodger Stadium and the surrounding parking lots. It’s expected that McCourt would have some control over the sale, which could command a record asking price of $1 billion or more.
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