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McCourts Screwed After MLB Nixes $3 Billion Deal

6/20/2011 2:10 PM PDT BY TMZ STAFF

MLB commish Bud Selig just rejected a proposed $3 billion dollar TV deal between the Los Angeles Dodgers and FOX Sports ... a deal that was the basis for the divorce settlement between Frank and Jamie McCourt.

0620_mccourt_bn


As TMZ previously reported, the McCourts reached a settlement to their divorce on Friday that was predicated on MLB signing off on the FOX deal.

Now, with the demise of the deal, the McCourts are back to square one -- PLUS it now seems unlikely the Dodgers will be able to pay its players and employees this month.

If the team misses payroll, Selig could seize operational control of the team and eventually force a sale of the team.

UPDATE: A rep for the Dodgers, on behalf of Frank McCourt, released a statement saying, in part, “Commissioner Selig’s letter of rejection is not only a disappointment, but worse, is potentially destructive to the Los Angeles Dodgers, and Major League Baseball."

The rep continued, "Accordingly, we plan to explore vigorously our options and remedies with respect to Commissioner Selig’s rejection of the proposed FOX transaction and our commitment to protect the long-term best interests of the Los Angeles Dodgers.” 

For more sports stories, check out tmzsports.com!
52 COMMENTS

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46.

ghfghfg    

from zero to hero

1169 days ago
47.

john wayne gacy    

yo

1169 days ago
48.

Different Rules Apply    

G R E E D - the root of all evil.

1169 days ago
49.

John    

MLB needs to take the team over and sell it to the highest bidder. All outstanding obligations should be paid before these 2 jerks get anything.

MLB is not damaging Los Angeles or the Dodgers organization; Frank and leatherface did that.

1169 days ago
50.

Betsy    

Sell the team and move them back to Brooklyn where they belong.

1169 days ago
51.

Marshall    

Cuban gets the Dodgers if he saves adult amature baseball starting in Vegas. This is a national problem and he knows "whats up" about it because i told him. savelasvegasbasbell.com is the website. The play only sunday rule is a joke to adult baseball i would like to get this upgraded, anyone with me? Marshall Muniz

1167 days ago
52.

tcidda    

it's what happens when a JERK takes OVER A ONCE PROUD FRANCHISE.

1163 days ago
Previous 15 Comments | 1 | 2 | 3 | 4

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