Major League Baseball sees its takeover of the Los Angeles Dodgers as far larger than its prior, more distant oversight of the Texas Rangers during their financial woes under former owner Tom Hicks that included a bankruptcy filing.
And unlike prior MLB involvements in Texas, Montreal, or even its participation in the Oakland A's ballpark pursuit, the Dodgers move involves one of the sport's marquee franchises and a highly prominent global brand.
Among MLB commissioner Bud Selig's future options is to use his broad best-interests-of-baseball powers to force McCourt to sell. But any such move, or any franchise sale voluntary or otherwise, is likely at least months away. More immediately, the takeover is designed to return some normalcy to the club and "stop the bleeding," a league source said.
MLB intends to appoint a designated day-to-day representative for the club in the next few days and continue its investigation of the finances of the Dodgers and McCourt.
Possible candidates to fill the club representative role, industry executives said, include MLB executive vice president/administration and CIO John McHale Jr. and former Nationals president Stan Kasten.
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