LA judge orders Dodgers to release deal details

LOS ANGELES (AP) — A judge has ruled that Los Angeles Dodgers ownership has to reveal details about its financial arrangements with former owner Frank McCourt.

Michael Sitrick, a spokesman for current owners, Guggenheim Baseball Management, said the judge on Wednesday denied the team’s request to seal a summary of the deal with McCourt.

He added there are no plans for appeal. The document could be made public later this month.

The team was sold last year for $2 billion. As part of the deal, Guggenheim and McCourt will share profits from a joint venture.

The ruling is part of a divorce case in which McCourt’s ex-wife wants a $131 million settlement thrown out because she believes she was misled about the team’s value.

McCourt’s attorney declined comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s