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Friday, February 06, 2004

Will Frank Finally Get Off His Assets?

MSNBC and the Boston Business Journal say McCourt may have found a buyer for some or all of his Boston waterfront property, estimated at $175 to $200 million. For Dodger fans, this is a good news/bad news situation: good news, because it means McCourt's future is legitimately tied up in the Dodgers, but bad news, because, despite all assurances, the Dodgers are still sitting on a whale of a nice piece of property. Regardless, Robert Griffin of Cushman & Wakefield of Massachusetts says "I think he's going to put his heart and soul into the Dodgers, so I think he'd prefer selling it outright." Whether he intends to run the team or build condos remains to be seen, but I'll take this as a cautiously optimistic piece of news.

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