MLB takes over financial control of Dodgers
By Sports Network
New York - Major League Baseball is taking over all aspects of the business and day-to-day operation of the Los Angeles Dodgers.
In a statement issued Wednesday, MLB commissioner Bud Selig said the league owes it to Dodgers fans to ensure the team is being operated properly and will appoint a representative to oversee the club.
"I have taken this action because of my deep concerns regarding the finances and operations of the Dodgers and to protect the best interests of the club, its great fans and all of Major League Baseball," the statement said.
The move came several days after a report by the Los Angeles Times said Dodgers owner Frank McCourt, struggling to make payroll, received a $30 million loan from Fox to cover expenses.
It was the second time McCourt took money from Fox to cover expenses since the end of last season. The loan was made personally to him, and not to Dodgers, the paper reported.
McCourt has owned the Dodgers since 2004, when he bought controlling interest of the team from Fox. But he has been involved in a messy divorce with wife Jamie McCourt since their separation two years ago and ownership of the team has been contested.
The statement said Selig's office will continue to investigate the operations and finances of the Dodgers during the period of Frank McCourt's ownership.
Selig said he will announce the name of the person who will oversee the Dodgers "in the next several days."