Ken777
Topic Author
Posts: 9343
Joined: Thu Mar 11, 2004 5:39 am

Los Angeles Dodgers File For Bankruptcy

Mon Jun 27, 2011 8:25 pm

Looks like the poor little rich boy screwed things up royally:

Quote:

The Los Angeles Dodgers filed for bankruptcy court protection early Monday, less than a week after Major League Baseball blocked the team from signing a new television deal to provide it with the cash it needed to meet the team's payroll.

The bankruptcy filing also comes in the wake of a bitter divorce battle between owners Frank and Jamie McCourt, who finally reached a settlement earlier this month.
http://money.cnn.com/2011/06/27/news...rs_bankruptcy/index.htm?hpt=hp_t2

I do love the bit about the players being protected though.
 
Newark727
Posts: 1439
Joined: Tue Dec 29, 2009 6:42 pm

RE: Los Angeles Dodgers File For Bankruptcy

Tue Jun 28, 2011 2:25 pm

What a shame, I suppose I can't give up being a fan yet though. They did manage to score fifteen runs against the Twins last night.
 
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treebeard787
Posts: 695
Joined: Sun Jul 24, 2005 11:03 am

RE: Los Angeles Dodgers File For Bankruptcy

Tue Jun 28, 2011 3:23 pm

Quoting Newark727 (Reply 1):
What a shame, I suppose I can't give up being a fan yet though. They did manage to score fifteen runs against the Twins last night.

Yeah, but the Twins have been playing some of there worst baseball in several years.
Allons-y!
 
san747
Posts: 4347
Joined: Sun Dec 19, 2004 10:03 am

RE: Los Angeles Dodgers File For Bankruptcy

Tue Jun 28, 2011 10:12 pm

Quoting Newark727 (Reply 1):
What a shame, I suppose I can't give up being a fan yet though. They did manage to score fifteen runs against the Twins last night.

I don't know... 15 runs or not, the Dodgers will probably be fighting my Padres for last place in the NL West for the next few years because of this mess.
Scotty doesn't know...
 
Newark727
Posts: 1439
Joined: Tue Dec 29, 2009 6:42 pm

RE: Los Angeles Dodgers File For Bankruptcy

Tue Jun 28, 2011 10:49 pm

Quoting san747 (Reply 3):

I don't know... 15 runs or not, the Dodgers will probably be fighting my Padres for last place in the NL West for the next few years because of this mess.

Probably true.  
 
Mir
Posts: 19357
Joined: Mon Jan 05, 2004 3:55 am

RE: Los Angeles Dodgers File For Bankruptcy

Tue Jun 28, 2011 10:59 pm

And to think that fans of other teams were probably paying luxury tax to this idiot. I've got no sympathy for owners who use their teams as their own personal piggybanks (though I do feel bad for their fans). The sooner McCourt gets out, the better.

-Mir
7 billion, one nation, imagination...it's a beautiful day
 
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Aaron747
Posts: 8561
Joined: Thu Aug 07, 2003 2:07 am

RE: Los Angeles Dodgers File For Bankruptcy

Tue Jun 28, 2011 10:59 pm

Quoting san747 (Reply 3):
the Dodgers will probably be fighting my Padres for last place in the NL West for the next few years because of this mess.

Music to this Giants fan's ears.  McCourt can suck it. He and his ex have blown a golden opportunity. 3.5 million in attendance or better three consecutive seasons, higher ticket prices, a bigger celebrity crowd than ever, and they still can't make any money. Then the guy goes and blames MLB for his woes. It's laughably pathetic.
If you need someone to blame / throw a rock in the air / you'll hit someone guilty
 
747srule
Posts: 389
Joined: Thu Mar 25, 2004 11:42 am

RE: Los Angeles Dodgers File For Bankruptcy

Wed Jun 29, 2011 6:22 pm

Heard yesterday that he bought 4 huge houses in SoCal,was paying $225,000 a month for a private jet, and was spending $300 a day for he and the wife for hairstylists!!!
Jesus is the way,the truth,and the life
 
LMP737
Posts: 5230
Joined: Wed May 08, 2002 4:06 pm

RE: Los Angeles Dodgers File For Bankruptcy

Wed Jun 29, 2011 6:30 pm

First order of business once they get their financial house in order. MOVE! The current stadium is a dump.

Quoting treebeard787 (Reply 2):
Yeah, but the Twins have been playing some of there worst baseball in several years.

And that's a bad thing?  
Never take financial advice from co-workers.
 
nkops
Posts: 2173
Joined: Fri Jun 03, 2005 10:09 am

RE: Los Angeles Dodgers File For Bankruptcy

Thu Jun 30, 2011 4:55 pm

I'm guessing at some point MLB will own this team like they did with the Expos...
GOOFY6

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