Los Angeles Dodgers Financial Update: MLB To Conclude Investigation By June 22

Perhaps, at long last, by June 22 we will know the future of the Los Angeles Dodgers ownership mess.

The Los Angeles Times reports that the commissioner’s office hopes to conclude its investigation into Dodgers finances by that date.

And just why is June 22 a significant date?

June 22 is the date set for a Los Angeles Superior Court hearing in which Frank McCourt will ask for a ruling that his ex-wife has no standing to challenge a proposed long-term television contract with Fox, one that he says would restore the team to robust financial health. At the same hearing, Jamie McCourt will ask Superior Court Judge Scott Gordon to order the immediate sale of the team.

This may very well mean that Frank McCourt will run out of money before June 22; it’s possible that if that happens, according to the article, that MLB would use that as a justification to seize the franchise and order its sale (at least, according to the article, that is what those close to Frank McCourt fear).

McCourt continues to claim that if he were allowed to conclude a television deal with Fox, all would be settled. Given the pending court case and MLB’s current supervision over Dodger finances, that’s unlikely to happen.

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