Dodgers Sale Approved In Court

The sale of the Dodgers to the group headed by Stan Kasten and Magic Johnson was approved today in a U.S. Bankruptcy Court hearing.  Ultimately, this should mean that the club will be under their control by April 30th, according to Bill Shaikin of the Los Angeles Times (via Twitter).

A number of issues were addressed during the hearing today, including FOX's concern that the new group had an informal TV agreement with Time Warner Cable starting in 2013, but FOX was assured that no such deal is in place, Shaikin writes.  Major League Baseball also argued for the time and opportunity to review the conditions of the sale such as financing and debt, but ultimately the judge approved the sale (via Twitter).


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