Perspective
Jul. 8, 2011
Dodger Blue Rolls Snake Eyes With Bankruptcy Filing
The owner of the Los Angeles Dodgers may have made his final bet in his recent attempt to keep the franchise. By Michael S. Kogan of Ervin Cohen & Jessup
Like a Mississippi riverboat gambler, Frank McCourt, who has been accustomed to throwing sevens, just rolled snake eyes with his bankruptcy filing of the Los Angeles Dodgers. His battle with baseball commissioner Bud Selig, who strongly believes that McCourt and his wife have caused this financial meltdown by turning this historic franchise into an ATM machine for personal use, wants to correct the bad decision he made to award the franchise a...
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