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Guggenheim Baseball L.P. is paying $1,587,798,000 in cash and assuming debts of no more than $412,200,000 to buy the Dodgers from Frank McCourt, according to documents filed Friday afternoon in U.S. Bankruptcy Court.
The Los Angeles Dodgers sued Fox Sports in bankruptcy court Wednesday for allegedly interfering with the team's bid to sell its valuable broadcast rights.
Major League Baseball does not have to turn over a wide range of documents to the Dodgers or make Commissioner Bud Selig available for a deposition, the judge in the Dodgers' bankruptcy hearing ruled on Thursday.
The Los Angeles Dodgers were cleared on Tuesday to borrow $60 million to make payroll, but the team spent its first full day in bankruptcy battling with Major League Baseball.
Major League Baseball is objecting to the bankruptcy filing by the Los Angeles Dodgers, accusing team owner Frank McCourt of siphoning off more than $100 million in club revenue and driving the Dodgers into a liquidity crisis....