Report: McCourt agrees to sell Dodgers

November 2, 2011, 6:14 am
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According to Bill Shaikin of the Los Angeles Times, Frank McCourt has agreed to sell the Dodgers. The team will be auctioned off in bankruptcy court.No firm details yet, but Shaikin reported late last night that McCourt was nearing an agreement with MLB on a bankruptcy settlement to sell the team. The deal is expected to include Dodger Stadium and the surrounding parking lots. Its estimated that a sale would command a record asking price of 1 billion or more.READ MORE ON

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