The Dodgers say owner Frank McCourt has obtained $150 million in interim financing. If the bankruptcy court approves the financing at a hearing Tuesday in Delaware, McCourt could meet payroll and remain in charge of the team. But Major League Baseball is expected to challenge McCourt's move.The Dodgers filed for bankruptcy protection on Monday, a move that owner Frank McCourt said would stabilize the financial future of the team. The move also could extend the battle for ownership of the Dodgers well beyond this season.
Dodgers file for bankruptcy — and arrange for $150-million loan
Published June 27, 2011 at 12:35 PM
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