Monday, June 27, 2011

The Los Angeles Dodgers File for Bankruptcy - TODAY - June 27, 2011 ....

    The Los Angeles Dodgers filed for bankruptcy protection today, June 27, 2011. The Dodgers franchise listed assets of as much as $1 billion and debt of as much as $500 million in their filing in Wilmington, Delaware. Frank McCourt a real-estate developer bought the Dodgers from Rupert Murdoch’s News Corp. in 2004 for $430 million.
    It's a sad day in Mudville. Mighty Casey is at bat.

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