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McCourt Agrees To Sell Dodgers

WEDNESDAY: McCourt and MLB have agreed to seek approval from the U.S. Bankruptcy Court for an auction of the Dodgers, reports Shaikin.  MLB hopes to have a new owner in place by Opening Day.

MONDAY: Dodgers owner Frank McCourt appears to be nearing an agreement with MLB on a bankruptcy settlement, according to Bill Shaikin of the LA Times. Under the agreement, McCourt would agree to sell the team. At this points negotiations are fluid and talks could fall apart.

McCourt would have some control over the sale, which would likely include Dodger Stadium and surrounding parking lots, according to the Times. Shaikin suggests a sale price of $1 billion is not out of the question. The Dodgers' bankruptcy trial was delayed last week.

It seems unlikely that the Dodgers will be major players for the offseason's top free agents. However, they're expected to discuss extensions for center fielder Matt Kemp and left-hander Clayton Kershaw and it's possible that each player could require a commitment of $100MM or more.

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