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Dodgers Sale Formally Approved By Bankruptcy Court

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The sale of the Los Angeles Dodgers has been a seemingly endless process, but the procedure took one giant formal step forward on Friday, as a Delware Bankruptcy Court formally approved the Dodgers sale, which was for a record $2.15 billion to Guggenheim Baseball Partners LLC, headlined by Magic Johnson and longtime baseball executive Stan Kasten.

Judge Kevin Gross made the ruling, and Bill Shaikin of the Los Angeles Times was there, as he has covered the saga of the McCourt ownership for two and a half years, ever since Frank and Jamie McCourt announced their separation.

Gross: "I want to congratulate Mr. McCourt, who I think was able to see the big picture." #dodgers
Apr 14 via web Favorite Retweet Reply

The sale can now proceed as planned, and is scheduled to close on April 30, with Frank McCourt taking his nearly billion-dollar profit with him out the door. By then, the Dodgers and their fans can finally move on.

For more Dodgers news and notes, be sure to read True Blue LA.

                                                                                                                                                                                                               

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