Latest Los Angeles Dodgers News

June 8, 2011

What Bank Of America Learned From Its Loan To Frank McCourt
When Frank McCourt bought the Los Angeles Dodgers and other assets from News Corp. for $ 421 million in 2004, Bank of America loaned McCourt $ 225 million, to seal the deal, or over half the enterprise value. We’ve written about the serious problems that have come from McCourt’s highly leveraged purchase.
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Dodgers Call Up Prospect Dee Gordon, Activate Juan Uribe, Make 738 Other Moves
Someone in the Los Angeles Dodgers ‘ front office is on salary, because if they were getting paid by the transaction, there wouldn’t be mass updates like this … The #Dodgers optioned Ivan De Jesus and John Ely and designated Jay Gibbons and Juan Castro for assignment. … and this … The club activated Uribe, Hawksworth and Thames from the DL and has purchased the contract of Dee Gordon , who …
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