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Monday, May 09, 2011

Why You Shouldn't Panic About Frank Owning Dodger Stadium And Its Surrounding Property

In today's column by Bill Shaikin (emphasis mine, again):
If MLB seizes the Dodgers from McCourt and puts them up for sale, the league would be obligated to try to get the best price possible, lest McCourt sue MLB for failing to obtain maximum value for his property.

Yet maximum value would be difficult to obtain if McCourt did not include the stadium and/or the land in the sale, according to a sports investment banker who declined to be identified because he might represent potential bidders.

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