Dodgers File for Bankruptcy After Tv Deal Rejected

Summary


NEW YORK - The Los Angeles Dodgers filed for bankruptcy protection Monday after Major League Baseball rejected a television deal with Fox Sports, leaving team owner Frank McCourt unable to make payroll this week.

Major League Baseball Commissioner Bud Selig last week said the 17-year TV-rights deal, which McCourt valued at about $3 billion, would harm the franchise in the long term.

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Dodgers File for Bankruptcy After Tv Deal Rejected

Baseball took over the Dodgers' business operations about two months ago.

"He's turned his back on the Dodgers, treated us differently, and forced us to the point we find ourselves in today," McCourt said Monday in a statement.

"I simply cannot allow the commiss...

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