The Los Angeles Times reports that a group of investors indirectly financed by the government of China is offering to buy Major League Baseball’s Los Angeles Dodgers for $1.2 billion. The group is led by Los Angeles Marathon founder Bill Burke, according to a letter sent this week to Frank McCourt, owner of the bankrupt […]
Report: Chinese Investors Bid for Dodgers
Posted September 2nd, 2011 at 12:55 pm (UTC-5)
Leave a comment
Baseball’s Dodgers Declare Bankruptcy
Posted June 27th, 2011 at 10:25 am (UTC-5)
Major League Baseball’s Los Angeles Dodgers have filed for bankruptcy protection. Team owner Frank McCourt is blaming baseball commissioner Bud Selig for refusing to approve a television deal that he said would have assured financial stability for the team. The league took over business operations of the Dodgers earlier this year because McCourt’s fight with […]
