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Monday, November 07, 2011

McCourt Wants To Sell The Dodgers And Future TV Rights — And Retain Parking Lots

The delusional Frank McCourt strikes again, but that's not the worst of the bad news to come from this Bill Shaikin story:
Blackstone, the investment bank in charge of the Dodgers' sale, already has started soliciting prospective bidders. The sale price is expected to hit $1 billion or more, with the Dodgers and their stadium included in the deal. Under the agreement, McCourt and the new owner would negotiate whether the parking lots should be leased from McCourt or purchased outright.
Go. Away. Now.

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