The Dodgers had an epic battle with the Giants on the field today, a 1-0 win at AT&T Park. Off the field, the Dodgers had another battle, over 2,800 miles away. In Delaware Bankruptcy Court on Wednesday, attorneys for Frank McCourt and the Dodgers and attorneys for Major League Baseball argued for nearly 10 hours, trying to determine the provider of $150 million in bankruptcy financing for the Dodgers. However, there was no completion to today's hearing, as Judge Kevin Gross said there would be no ruling until hopefully Thursday.
MLB argued that its financing offer was superior to that of Highbridge Captial Management, which was secured by McCourt. After testimony, at least on the surface, it seemed one-sided, per Bill Shaikin of the Los Angeles Times:
If you're scoring at home, MLB, Fox and US Trustee all oppose Dodgers' motion for Highbridge loan arranged by McCourt.
The issue, if MLB financing were to be chose, is whether or not MLB would take over complete control of the Dodgers. However, MLB attorney Tom Lauria testified that baseball is open to whatever the court suggests. Per Eric Fisher of the Sports Business Journal:
Lauria pledging to court total flexibility for Dodgers loan terms. "Tell us what you need. We're here to help the team."
A ruling in the hearing is expected some time on Thursday.
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