Advertisement

MLB statement on Dodgers-Fox TV deal

Share

This article was originally on a blog post platform and may be missing photos, graphics or links. See About archive blog posts.

Baseball Commissioner Bud Selig issued the following statement Monday regarding the Dodgers’ proposed media rights deal with Fox.

“Pursuant to my authority as commissioner, I have informed Los Angeles Dodgers owner Frank McCourt today in a detailed letter that I cannot approve the club’s proposed transaction with Fox. This decision was reached after a full and careful consideration of the terms of the proposed transaction and the club’s current circumstances. It is my conclusion that this proposed transaction with Fox would not be in the best interests of the Los Angeles Dodgers franchise, the game of baseball and the millions of loyal fans of this historic club.

Advertisement

“Mr. McCourt has been provided with an expansive analysis of my reasons for rejecting this proposed transaction. Critically, the transaction is structured to facilitate the further diversion of Dodgers assets for the personal needs of Mr. McCourt. Given the magnitude of the transaction, such a diversion of assets would have the effect of mortgaging the future of the franchise to the long-term detriment of the club and its fans.

“As I have said before, we owe it to the legion of loyal Dodger fans to ensure that this club is being operated properly now and will be guided appropriately in the future. This transaction would not accomplish these goals.”

RELATED:

Bud Selig rejects Dodgers TV contract, nullifying McCourt divorce deal

Frank and Jamie McCourt talk Dodgers future, divorce settlement

PHOTOS: The Dodgers and the McCourts

Advertisement

--Bill Shaikin

Advertisement