After two years of wrangling with the courts, Major League Baseball, and his ex-wife, among others, Los Angeles Dodgers owner Frank McCourt has agreed to sell the prized franchise. The L.A. Times reports:
McCourt and Major League Baseball have agreed to seek approval from the U.S. Bankruptcy Court for an auction of the Dodgers. The sale is expected to include the team, Dodger Stadium and the surrounding parking lots, a package bought by McCourt for $421 million in 2004 and likely to sell for two to three times as much now.
Somewhere, Mark Cuban is salivating.