LA Dodgers emerge from bankruptcy after sale

2012-04-17T18:21:15+00:00

The Los Angeles Dodgers baseball team emerged from Chapter 11 reorganization last Friday after nearly ten months. A bankruptcy court approved the sale of the team to a private group for $2 billion, a record price for any North American sports franchise. In the private group is LA Lakers star "Magic" Johnson, CEO of Guggenheim [...]