Frank McCourt, the owner of the Los Angeles Dodgers, originally bought the team from FOX in 2003, but due to the clubs financial trouble, he has recently received a $30 million loan from the network to pay his players!
While there was speculation that FOX may want their team back, apparently owning a baseball team doesn't fit in with their business model and will stick to just broadcasting El Lay team.
However, the Major League Baseball commissioner Bud Selig was not too happy to hear about this loan and had actually told McCourt, who was already in financial trouble, he could no longer use loans to fund the team.
In response to the payroll loan, the commissioner has seized the control of the team by appointing a representative to oversee the "business and the day-to-day operations of the Club."
While McCourt is already preparing a lawsuit against the major league, Selig has said they are looking into "the possibility of replacing the owner."
Sounds like the Dodgers are in a lot of trouble! No wonder FOX doesn't want them back! Ha! We'll see if Frank, who had to fight his ex-wife to maintain ownership, will be able to win this fight against the MLB.
[Image via Getty Images.]
Tags: bud selig, court, el lay, frank mccourt, lawsuit, los angeles, mlb, wife