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Wednesday, January 11, 2012

Dodgers, Fox Sports Reach Settlement

A bankruptcy judge on Wednesday approved a settlement between the Los Angeles Dodgers and Fox Sports that clears the way for a sale of the team.

The settlement approved at a hearing in Delaware ends a contentious legal battle between the ball club and Fox.

Under the settlement, the Dodgers are giving up plans to sell media rights to games starting in 2014 and sticking with their existing contract with Fox, which gives Fox exclusive rights to try to negotiate a contract extension starting later this year.

Major League Baseball and the Dodgers’ committee of unsecured creditors support the settlement, which allows the team to be sold by April 30.

Long national nightmare #2397 finally on course for a wake-up call?

Don Malcolm Posted: January 11, 2012 at 01:05 PM | 5 comment(s) Login to Bookmark
  Tags: dodgers

Reader Comments and Retorts

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   1. Joyful Calculus Instructor Posted: January 11, 2012 at 02:18 PM (#4034313)
April 30? Noooo! Prince Fielder will be long gone by then.
   2. Mark S is still on target Posted: January 11, 2012 at 02:30 PM (#4034325)
Does anyone know why this clause was put into the settlement?

Fox also retains the right to object to any purchase of the team by any entity owned directly or indirectly by Time Warner Cable or affiliated with Time Warner.
   3. Randy Jones Posted: January 11, 2012 at 02:34 PM (#4034330)
I think Time Warner has a sports network competing with Fox's sports network in LA.
   4. ?Donde esta Dagoberto Campaneris? Posted: January 11, 2012 at 02:43 PM (#4034341)
I think Time Warner has a sports network competing with Fox's sports network in LA.

Yes. Fox has two regional sports networks in LA, and Time Warner just signed the Lakers away from them for the next 20 years in order to start their own regional network. The rumor is that Fox is looking to buy the Dodgers (or influence who does) in order to keep Time from locking the Dodgers up as well and making it substantially impossible for Fox to support it's two networks without the Lakers and Dodgers.
   5. The Piehole of David Wells Posted: January 11, 2012 at 03:38 PM (#4034394)
Fox is looking to buy the Dodgers

Seller's remorse?

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