Tuesday, November 1st was a momentous night for the Los Angeles Dodgers and LA sports in general. After two years of disastrous divorce proceedings and revelations that he and his wife had treated the team as their private ATM machine, McCourt and Major League Baseball have announced that the team will be sold at auction. The Times' Bill Shaikin has been on the case from the beginning, and broke the big story last night. An excerpt:
"The Los Angeles Dodgers and Major League Baseball announced that they have agreed today to a court-supervised process to sell the team and its attendant media rights in a manner designed to realize maximum value for the Dodgers and their owner, Frank McCourt. The Blackstone Group LP will manage the sale process," the statement read in its entirety.
Baseball hopes a new Dodgers owner can be in place by opening day next year.
The deal was concluded at about 8:30 p.m. Pacific time, said a person familiar with the discussions but not authorized to talk about them. McCourt, who was in New York for the negotiations, is expected to meet with reporters in Los Angeles at a later date.
There is no guarantee that the new Dodgers' owners will be bring the team more wins than the McCourts, but there's little doubt that they will be better owners. As long as things go smoothly, LA TACO promises never to mention the names Frank & Jamie McCourt ever again.
Stay in touch
Sign up for our free newsletter
More from L.A. TACO
‘We Will Win:’ USC Students Won’t Back Down, Committing To Their Fight For Palestine Despite Arrests
One of their main demands is for the school to not only commit to a complete academic boycott of Israel and their killing of Palestinians, but also to be transparent about how much the school is investing.
What To Eat This Weekend: A Booze-Filled Piñata, Ethiopian Lamb Tibs, Mole Poblano in East L.A., and Tito’s Tacos’ Rare New Menu Item
Plus, one classic Mexican restaurant that promises its "last cinco de mayo on Skid Row."
Swarm of Police in Riot Gear Destroy Peaceful Pro-Palestine Encampment At UCLA During Early Morning Raid, Over 200 Arrested
At 4 AM, CHP broke through the fencing on the other side of the encampment and set up a police line, consistently firing flash-bang grenades into the air. They also fired on protestors with “less-lethal” munitions and rubber bullets, causing an injury to one protester’s face that required stitches.
Ten Palestinian-Owned Restaurants to Support in L.A. and O.C.
Supporting our local Palestinian restaurants not only allows you to experience excellent cooking and recipes from a culture and people who have been making these dishes for generations, but it also helps to broaden our worldviews on a culture some forces seek to bury and erase.
Where To Find Don Perico, The Mexican-Owned Brand Bringing Tropical Flavors To Dispensaries
The products, with their festive packaging, tropical flavors, and colorful parrot mascot, are relatable and better yet, they taste great, are fast-acting, and strong.
