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Keyword: mccourt

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  • Frank McCourt agrees to sell Dodgers

    11/01/2011 10:21:07 PM PDT · by Nachum · 46 replies
    L.A. Times ^ | 11/1/11 | Steve Dilbeck
    Frank McCourt agreed Tuesday to sell the Dodgers, abruptly surrendering the team after fighting to retain it over two years and in two courts. McCourt and Major League Baseball have agreed to seek approval from the U.S. Bankruptcy Court for an auction of the Dodgers. The sale is expected to include the team, Dodger Stadium and the surrounding parking lots, a package bought by McCourt for $421 million in 2004 and likely to sell for two to three times as much now. The league hopes a new Dodgers owner can be in place by opening day. The new owner would...
  • Husband gets Dodgers in McCourt divorce deal

    10/17/2011 3:33:23 PM PDT · by ColdOne · 5 replies ^ | 10/17/11 | Alan Duke
    Los Angeles (CNN) -- The couple who bought the Los Angeles Dodgers seven years ago announced Monday they've agreed that the husband, Frank McCourt, will get the baseball team in their pending divorce. With the marital spat settled, McCourt still must persuade a judge to let him keep the team, which he placed into bankruptcy after Major League Baseball blocked him from signing a television deal to provide it with the cash needed to meet its payroll.
  • MLB asks judge to order sale of Dodgers

    09/23/2011 3:35:36 PM PDT · by La Enchiladita · 11 replies
    L.A. Times ^ | Sept. 23, 2011 | Bill Shaikin
    Major League Baseball on Friday asked a federal bankruptcy judge to order the sale of the Dodgers, arguing in court papers that Frank McCourt's plan to retain ownership of the team is "dead on arrival." MLB does not intend to approve any sale of television rights that would help McCourt maintain ownership of the Dodgers, according to the filing, and the league could enforce its ability to strip McCourt of the team once it emerged from bankruptcy protection. "Mr. McCourt cannot hide the Dodgers in bankruptcy forever," the MLB filing read.
  • Breakthrough for Bryan Stow - he's speaking

    09/22/2011 1:48:32 PM PDT · by doug from upland · 7 replies
    sfgate ^ | 9-2011
    Breakthrough for Bryan Stow - he's speaking (09-22) 11:48 PDT SAN FRANCISCO -- In a breakthrough in his recovery from being beaten nearly to death in March, Giants fan Bryan Stow was able to speak several words this week for the first time and carry on a conversation, according to his family's website. The website, "," said Wednesday that Stow was able to say the names of his daughter and son. Soon afterward, he was able to say his birth date and tell his sister he loved her. And when he was shown pictures of his children, Tyler and Tabitha,...
  • China Jumps the Shark -- Offers $1.2 Billion for Los Angeles Dodgers

    09/01/2011 6:14:22 PM PDT · by La Enchiladita · 68 replies
    Forbes ^ | Sept. 1, 2011 | Staff
    In what would be the biggest ever sale price for a Major League Baseball team, Chinese investors have put in a $1.2 billion bid for Frank McCourts Los Angeles Dodgers, according to the Los Angeles Times. The bid is headed by Los Angeles Marathon founder Bill Burke and funded in part by unidentified Chinese state-owned investment institutions and others.
  • Bankrupty Judge Forces Frank McCourt to Take MLB Loan

    07/22/2011 3:12:02 PM PDT · by La Enchiladita · 2 replies
    Reuters ^ | July 22, 2011 | Lucas Shaw
    Los Angeles Dodgers owner Frank McCourt will be forced to accept a loan from Major League Baseball after a bankruptcy judge rejected a potential loan from a hedge fund on Friday. McCourt had been seeking to get an outside loan that would enable him to pay off creditors without involving the league, which has made its displeasure with McCourt quite clear. Instead, the judge rejected the loan McCourt wanted and pushed him in the direction of MLB. Bruce Bennett, McCourts lawyer, issued a statement suggesting that MLB did not have the right to intervene in matters of ownership.
  • Hari-kiri (Dodger owner Frank McCourt, please read)

    06/27/2011 6:17:25 PM PDT · by doug from upland · 16 replies
    World English Dictionary hara-kiri or hari-kari (ˌhærəˈkɪrɪ, ˌhærɪˈkɑːrɪ) — n Also called: seppuku (formerly, in Japan) ritual suicide by disembowelment with a sword when disgraced or under sentence of death [C19: from Japanese taboo slang, from hara belly + kiri cutting] hari-kari or hari-kari — n [C19: from Japanese taboo slang, from hara belly + kiri cutting] hari-kari (ˌhærɪˈkɑːrɪ) — n a non-Japanese variant of hara-kiri
  • Congressional Hispanic Caucus declines to intervene on behalf of Frank McCourt

    06/25/2011 12:00:52 PM PDT · by La Enchiladita · 6 replies
    L.A. Times ^ | June 25, 2011 | Bill Shaikin
    The Congressional Hispanic Caucus has declined a request to intervene on behalf of Dodgers owner Frank McCourt in his showdown with Major League Baseball, Rep. Charles Gonzalez said Friday. Gonzalez (D-San Antonio), the chairman of the CHC, met Friday with MLB lobbyists. He said he had requested a meeting with Commissioner Bud Selig to discuss issues of concern to the Latino community but said the CHC would not stand with McCourt in his battle against Selig. We can't take sides in a business dispute," Gonzalez said. "We do want to express our appreciation for what Mr. McCourt has meant to...
  • Bud Selig rejects Dodgers TV contract, nullifying McCourt divorce deal

    06/20/2011 2:20:43 PM PDT · by illiac · 75 replies
    LATimes ^ | 6/20/11 | LATimes
    The settlement between Frank and Jamie McCourt announced Friday was contingent on Commissioner Bud Selig's approval of a new Dodgers TV contract. A provision in that proposed contract that would have funneled $173.5 million to the estranged couple immediately was apparently unacceptable to Selig, leaving the team's future in limbo.
  • Jamie McCourt is going to demand that the Dodgers be sold

    05/19/2011 6:07:45 AM PDT · by doug from upland · 8 replies
    nbc sports ^ | Calcaterra
    Craig Calcaterra May 19, 2011, 8:46 AM EDT Major League Baseball hasnt been all that crazy about Jamie McCourt these past couple of years, but I bet they love her now. Why? Because shes going to demand that the court overseeing the McCourt divorce order the immediate sale of the Dodgers. If the court agrees it could save Major League Baseball from having to seize the team from Frank and the extended, ugly litigation that would bring. As Bill Shaikin reports, the argument is that Frank has endangered the value of the Dodgers and that, as part owner, she is...
  • Why the McCourt Divorce May Be the Least of the Dodgers Worries

    04/19/2011 1:31:55 PM PDT · by La Enchiladita · 15 replies
    The Biz of Baseball ^ | April 18, 2011 | Maury Brown
    Few who have been following the Los Angeles Dodgers off the field are unaware of the divorce between Frank and Jamie McCourt. The nasty case that appalled many at the overtly opulent lifestyle has had some point to the split and say that the reason for the financial downfall of the organization is tied directly to the divorce. You could also make a case that the Dodgers would be in dire shape, regardless of the churn around the McCourts divorce. Upon closer examination, the Dodgers are in the midst of a slide of other sorts, namely at the gate. According...
  • Frank McCourt, Author of Angelas Ashes, Dies at 78

    07/19/2009 4:16:44 PM PDT · by Steelfish · 40 replies · 1,289+ views
    NYTimes ^ | July 19th 2009
    Frank McCourt, Author of Angelas Ashes, Dies at 78 By WILLIAM GRIMES Published: July 19, 2009 Frank McCourt, a former New York City schoolteacher who turned his miserable childhood in Limerick, Ireland, into a phenomenally popular, Pulitzer Prize-winning memoir, Angelas Ashes, died Sunday. He was 78 and lived in Manhattan and Roxbury, Conn. The cause was metastatic melanoma, said Mr. McCourts brother, the writer Malachy McCourt. Mr. McCourt, who had taught in the citys school system for nearly 30 years, had always told his writing students that they were their own best material. In his mid-60s, he decided to take...
  • Frank McCourt, Whose Irish Childhood Illuminated His Prose, Is Dead at 78

    07/20/2009 9:18:39 AM PDT · by Albion Wilde · 62 replies · 1,984+ views
    New York Times ^ | July 19, 2009 | William Grimes
    Frank McCourt, a former New York City schoolteacher who turned his miserable childhood in Limerick, Ireland, into a phenomenally popular, Pulitzer Prize-winning memoir, Angelas Ashes, died in Manhattan on Sunday.....