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SBD/November 28, 2011/Franchises
Hedge Fund Manager Steven Cohen Plans Dodgers Bid; Fox Files New Papers In TV Suit
Published November 28, 2011
TV TALK: Fox Sports Wednesday argued in a court filing that if outgoing Dodgers Owner Frank McCourt "wants to boost the sale price of the Dodgers, he ought to include the Dodger Stadium parking lots in the sale instead of tearing up an existing contract with" the RSN. In L.A., Bill Shaikin noted Fox again "urged the U.S. Bankruptcy Court to deny McCourt's proposal to market the team's television rights as part of the sale process." The creditors' committee on Wednesday "supported the Dodgers' bid to market their television rights." When McCourt initially proposed an early auction of the Dodgers' television rights, "he was opposed by his ex-wife, the creditors, Major League Baseball and Fox." Now that McCourt "has agreed to sell the Dodgers, he has neutralized all of those parties except for Fox" (L.A. TIMES, 11/24).