The Los Angeles Dodgers and Major League Baseball have agreed on a bankruptcy financing plan for the team.
A court filing Friday in Delaware outlines a plan for the league to provide unsecured financing of up to $150 million for the Dodgers
Last month, a judge rejected the Dodgers’ financing arrangement with a hedge fund and ordered the club to negotiate with the league, which had offered better loan terms.
LA Times blog: Dodgers, MLB submit loan agreement to bankruptcy court
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