No mayday alert in Dodgers’ new anticipated May 1 transfer of power

A deluge of details that need to still be agreed upon were part of the reason why the April 30 deadline was missed in having the Dodgers’ $2.15 billion sale to the Guggenheim Baseball Management team, according to various sources.

Meanwhile, the $131 million payment that Frank McCourt had to deliver to ex-wife Jamie McCourt by the end of April went through, the Sports Business Journal reported, citing industry sources.

Eric Fisher of the Sports Business Journal reported that attorneys for the Dodgers, Guggenheim and MLB were still working through documents that had not previously been cleared by Joseph Farnan Jr., the mediator appointed by the U.S. Bankruptcy Court for the District of Delaware to oversee the sale.

Fisher reported “no structural problems” in closing the transaction, which is anticipated to come early today.

Facebook Twitter Plusone Digg Reddit Stumbleupon Tumblr Email