Los Angeles Dodgers: Frank McCourt Still in Control…for Now

On Tuesday, Frank McCourt was basically granted a stay of execution when a bankruptcy judge allowed him to continue day-to-day operations of the Los Angeles Dodgers and approved the bankruptcy financing deal he has with Highbridge Capital instead of forcing him to take the financing by Major League Baseball.

This is only a stay because MLB can still apply to seize control of the Dodgers at any time. MLB has the power to do so once a team files for Chapter 11 bankruptcy.

It is only a matter of time before Bud Selig and MLB make it official and file for the termination of the franchise. This is ne...

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