Baseball Commissioner Bud Selig stripped Dodgers owner Frank McCourt of financial control of the club Wednesday, saying he would appoint a trustee to oversee the team's business affairs while investigating the "operations and finances of the Dodgers and related entities."
Selig intervened after McCourt required a $30-million loan from Fox last week in order to meet the team's first payroll of the season.
Wednesday, April 20, 2011
Major League Baseball takes financial control of the Dodgers from owner Frank McCourt
The L.A. Times reports:
