Apr 13, 2012, 9:51 PM EDT
Bill Shaikin of the Los Angeles Times reports that the sale of the Dodgers to Guggenheim Baseball Partners was approved this evening in a U.S. Bankruptcy Court in Delaware.
Frank McCourt agreed late last month to sell the Dodgers to a group led by Magic Johnson for a record price of $2.15 billion. The team has operated under court oversight since McCourt filed for bankruptcy last June, but judge Kevin Gross gave his blessing to the reorganization plan.
One of the biggest hurdles was resolved this morning when FOX Sports agreed to withdraw their objection to the sale. FOX, who currently has the team’s television rights, wanted proof that Time Warner Cable was not involved in the new ownership group. The Dodgers’ television contract expires after 2013 and both FOX and Time Warner Cable, among others, are expected to bid. However, FOX received assurances that no deal was in place.
MLB attorney Thomas Lauria also objected by saying that they wanted more information and time to review the deal because a number of the sale’s conditions appeared to be “inconsistent” with MLB rules. However, Gross ultimately sided with the Dodgers’ plan to exit bankruptcy.
Dodgers’ attorney Bruce Bennett told Shaikin following the hearing that he doesn’t think there’s “any realistic possibility” the sale won’t close by the target date of April 30.
Aug 30, 2014, 10:20 PM EDT
The Angels, searching for a rotation upgrade after losing Garrett Richards to an injury, had interest in A.J. Burnett of the Phillies, but the right-hander’s player option for 2015 was a deterrent.
Aug 30, 2014, 9:29 PM EDT
The Orioles acquired outfielder Alejandro De Aza from the White Sox in exchange for a pair of low-level minor league pitchers on Saturday.
Aug 30, 2014, 9:10 PM EDT
Dustin Pedroia took an elbow to the head in the second inning of Saturday’s game against the Rays, and had to leave the game.
Aug 30, 2014, 8:15 PM EDT
It’s been more than two years, but Daniel Hudson will return to the major leagues on Tuesday or Wednesday, pitching out of the Diamodnbacks’ bullpen.
Aug 30, 2014, 7:20 PM EDT
Hanley Ramirez worked out quickly in front of manager Don Mattingly and trainer Stan Conte, who deemed him fit to play on Saturday against the Padres.
Aug 30, 2014, 6:25 PM EDT
Derek Holland will make his 2014 debut on Tuesday against the Royals, also helping the Rangers claim a major league record.
Aug 30, 2014, 5:41 PM EDT
Puig has really scuffled this month, hitting .218/.306/.241 with two extra-base hits (both doubles) over 24 games.
Aug 30, 2014, 4:29 PM EDT
Drew Hutchison and Aaron Sanchez shut down the Jacoby Ellsbury-less Yankees.
Aug 30, 2014, 3:50 PM EDT
The White Sox are reportedly interested in signing Victor Martinez away from a division rival.
Aug 30, 2014, 2:58 PM EDT
Deduno has split this season between the starting rotation and the bullpen, putting up a 4.60 ERA and 74/41 K/BB ratio in 92 innings over eight starts and 22 relief appearances.
Aug 30, 2014, 2:07 PM EDT
Bryce Harper hit one of six home runs for the Nationals last night in an 8-3 victory over the Mariners. In doing so, he joined some impressive company.
Aug 30, 2014, 1:02 PM EDT
It will be his first game action since 2012.
Aug 30, 2014, 12:01 PM EDT
The A’s are calling him day-to-day.
Aug 30, 2014, 11:05 AM EDT
And wouldn’t you know it, it worked.
Aug 30, 2014, 11:01 AM EDT
Ellsbury injured his left ankle on a slide into home plate on Friday night.
Aug 30, 2014, 10:36 AM EDT
Pearce owns a surprising .289/.354/.532 batting line with 16 home runs and 37 RBI over 85 games this season.
Aug 30, 2014, 9:35 AM EDT
The two homers traveled a combined 858 feet.
Aug 30, 2014, 8:57 AM EDT
A quick recap of a busy Friday around MLB, including an AL West showdown.
Aug 29, 2014, 11:05 PM EDT
Hyun-Jin Ryu will return to the Dodgers’ rotation on Sunday after recovering from a strained glute.
Aug 29, 2014, 10:30 PM EDT
Eric Campbell stole home against the Phillies, helping the Mets improve to 12-5 against their NL East rival this season.
- Orioles acquire Alejandro De Aza from the White Sox 3
- Bryce Harper is 15th player in MLB history to reach 50 career homers before age-22 season 29
- The Dodgers took the shift to the extreme last night 47
- VIDEO: Jorge Soler hits two long home runs in third major league game 20
- Settling the Score: Friday’s results 18
- Mariners end Jesus Montero’s season 37
- Troy Tulowitzki says he’ll retire before he switches positions 32
- Mike Trout is the best MVP choice, but . . . 49
- Could women play major league baseball? Sure. Right now, though, the deck is stacked against them. (220)
- Forgiveness for Pete Rose? Not in this lifetime (146)
- Albert Pujols plays the “you never played the game!” card (104)
- Great Moments in Drug Testing and Punishment: The NFL Edition (101)
- And That Happened: Thursday’s scores and highlights (75)