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Wednesday, August 18, 2004 |
Collateral Damaged?
The sailing may be fairly smooth for the Dodgers -- well, up until we meet St. Louis, anyway -- but Frank's possibly in some hot water as concerns his south Boston property. It seems that he's got two years from last January to sell his 24-acre properties at a $200M valuation, the figure he used to acquire the team. One problem with that: the nearby 16-acre Fan Pier site just sold for $125M, which "may make McCourt's dream of a considerably larger payday unlikely anytime soon, real estate executive [sic] say." All I can say is, this offseason will be very interesting indeed.
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