Jan 11, 2012, 8:22 AM EDT
The last possible thing preventing Frank McCourt from meeting his deadline to sell the Dodgers by April 30 was the ongoing litigation he and the Dodgers had with Fox over the Dodgers’ desire to auction off future broadcast rights prior to a sale. That potential barrier is gone now, as the Dodgers and Fox have settled the lawsuit, with the Dodgers agreeing not to sell TV rights until after November 30 as Fox had desired. Bill Shaikin:
The impetus for the settlement was the ruling last month that stayed the Dodgers from selling their television rights along with the team. U.S. District Judge Leonard Stark indicated he would probably make that ruling permanent.
So, yeah, when that thing you want looks to be impossible, it makes sense to give up fighting for that thing you want.
In other Dodgers news, there’s a new billionaire mogul type who is reported to be interested in buying the team. His name is Tom Barrack, he’s in real estate and he used to play rugby at USC. You can read all about him here. Frankly, you’ve seen one former rugby-playing real estate mogul, you’ve seen them all.
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