Skip to comments.Fox, MLB file objections to Dodgers sale to Magic Johnson's group
Posted on 04/10/2012 9:18:47 PM PDT by doug from upland
NEW YORK -- Fox is objecting to the proposed sale of the Los Angeles Dodgers, saying the incoming ownership group that includes Magic Johnson has not disclosed whether Time Warner Cable is involved in the purchase.
Fox's Prime Ticket subsidiary filed the objection Tuesday in U.S. Bankruptcy Court in Delaware. It asked for written assurance that Time Warner wasn't contributing funds being used for Guggenheim Baseball Management's purchase of the team from Frank McCourt and the incoming owners don't have any formal or informal agreements for the team's broadcast rights starting in 2014.
Fox asked that it be given parts of the purchase agreement that were not filed with the court.
"Our filing today was a routine administrative filing to ensure our rights are protected," Fox Sports spokesman Chris Bellitti said.
Fox, the Dodgers' current broadcaster, has an exclusive 45-day period starting in October to try to negotiate a new contract with the team. The current contract also prohibits the Dodgers from talking to other potential buyers of the media rights before Nov. 30 and gives Fox a limited right of first refusal on competing offers received after that date.
Major League Baseball also filed an objection, saying not enough money had been set aside to satisfy what it is owed by the Dodgers. While the Dodgers have put aside $322,065 for MLB's claims, the league said it was owed at least $8 million as of Feb. 22.
(Excerpt) Read more at cbssports.com ...
How could Ervin Johnson be the head of any big business deal? He was just a big dumb black kid.
He is smart enough to be worth millions. You and me, not so much.
(Countdown until the Dodger fans come for me. Three, two, one...)
When the Dodgers left Brooklyn, they forfeited their major league standing.
If Stan Kasten is involved, you don’t want this group.
A storied franchise nearly destroyed by a guy who didn’t give a damn about the national pastime.
And then went on to win 5 world series in Los Angeles.... But of course never let a little thing like the facts get in the way of a stupid comment. First MLB team to employ and start an African-American in the 20th century (Jackie Robinson in 1947)
First baseball team to win championships in different leagues in consecutive years (18891890)
First TV broadcast (1939)
First use of batting helmets (1941)
First West Coast team (1958) along with the San Francisco Giants
First MLB team to open an office in Asia (1998)
Largest home-opener crowd (78,762 in 1958)
Largest attendance: 93,103 (1959) and 115,300 (2008) *World Record
MLB record for home start going 130 (2009)
I know he’s a Democrat but he is a goog businessman
He is the largest shareholder in the Guggenheim Group.
Majic Johnson is just the front man.
I hope he gets the Dodgers
Thanks to Selig there is now interleague play, the two historic leagues no longer actually exist, and teams move from one "league" to another. This whole thing (and the designated hitter) stinks.
The only good thing that has happened during Selig's term has been the construction of new classic baseball parks. That's all.
Blame Robert Moses for the Dodgers leaving Brooklyn NOT Walter O’Malley!
Brooklyn Dodgers owner Walter O’Malley wanted to build a new stadium to replace the outdated and dilapidated Ebbets Field. O’Malley determined the best site for the stadium was on the corner of Atlantic Avenue and Flatbush Avenue in Brooklyn at the end of the Long Island Rail Road. O’Malley pleaded with Moses to help him secure the property in a cost effective manner, but Moses wanted to use the land to build a parking garage. Moses envisioned New York’s newest stadium in Flushing Meadows on the former (and as it turned out, future) site of the World’s Fair in Queens. O’Malley was vehement in his opposition, stating “we are the Brooklyn Dodgers, not the Queens Dodgers!” Moses won this clash of egos and would not be moved on this issue. After the Dodgers left for Los Angeles and the New York Giants left for San Francisco, Moses was able to build Shea Stadium in Queens on the site he planned for stadium development. Construction began in October 1961 and the stadium opened in April 1964 to house the National League’s New York Mets, who played there until the end of the 2008 season, when they moved to the adjacent Citi Field.
Frank McCourt couldn’t run the team, and now he can’t even seem to sell the team correctly.
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