SportBusiness.com

Dodgers deal concludes today

Real estate developer Frank McCourt is set to finally complete his $430m purchase of the Los Angeles Dodgers today.

McCourt originally struck a deal to buy the Dodgers, Dodger Stadium and associated other sites in October, but it was not until the end of January that Major League Baseball owners voted to approve the sale.
The Dodgers were put on the market by News Corp, which owned the franchise since 1998.