FanShot

Selig rejects Dodgers' Fox contract

The blog denizens here at TGP favor the legal profession, and I don't claim to know all of the ownership and lack-of-anti-trust implications of a baseball team takeover. But from a business point of view this is pretty fascinating, and again from a business point of view, entirely justified. Going further into debt to cover operations costs is a classic way to head toward chapter 7 or chapter 11. If you aren't business oriented, what McCourt is doing is akin to borrowing against the credit card to pay the utility bills. Or, maybe more likely, taking out a reverse mortgage, and then partying with the extra cash every month.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join The Good Phight

You must be a member of The Good Phight to participate.

We have our own Community Guidelines at The Good Phight. You should read them.

Join The Good Phight

You must be a member of The Good Phight to participate.

We have our own Community Guidelines at The Good Phight. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9351_tracker