Major League Baseball sets up a vetting committee chaired by Bill Bartholomew, chairman emeritus of the Atlanta Braves and including six other major league owners, to evaluate the merits of the various bids to buy the Los Angeles Dodgers. 11 groups have cleared the initial round of qualification. The final choice is to be made by current owner Frank McCourt, who will first select five bidders to be submitted to the newly-formed committee for approval; the final sale also requires the approval of U.S. Bankruptcy Judge Kevin Gross. The complex process must be completed by April 30th, when McCourt is required to pay a $131 million divorce settlement to his ex-wife Jamie.
Major League Baseball sets up a vetting committee chaired by Bill Bartholomew, chairman emeritus of the Atlanta Braves and including six other major league owners, to evaluate the merits of the various bids to buy the Los Angeles Dodgers. 11 groups have cleared the initial round of qualification. The final choice is to be made by current owner Frank McCourt, who will first select five bidders to be submitted to the newly-formed committee for approval; the final sale also requires the approval of U.S. Bankruptcy Judge Kevin Gross. The complex process must be completed by April 30th, when McCourt is required to pay a $131 million divorce settlement to his ex-wife Jamie.
