The Los Angeles Dodgers filed for bankruptcy shelter after Major League Baseball turned away a TV deal with News Corp. (NWS)’s Fox Sports, resulting team owner Frank McCourt unable to make payroll this week.
Major League Baseball Commissioner Bud Selig last week stated the 17-year TV-rights deal, which McCourt appraised at about $3 billion, would hurt the franchise in the long term. Baseball absorbed the Dodgers’ business operations about two months ago.
“He’s turned his back on the
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