facebook
twitter
rss
account
search
search
 

Judge rules for Fox in Dodgers TV case

Dec. 24, 2011 at 2:54 PM   |   Comments

| License Photo
LOS ANGELES, Dec. 24 (UPI) -- The bankrupt Los Angeles Dodgers can't shop their local television rights because Fox Sports has a valid contract for them, a federal judge has ruled.

The decision was a blow to efforts by Dodgers owner Frank McCourt to include the television package in offers to potential buyers of the cash-strapped franchise, The New York Times reported.

U.S. District Court Judge Leonard Stark overruled an earlier bankruptcy court decision that had given the Dodgers and their creditors a green light to market their future television rights in a bid to fetch a better price.

But Fox and its Prime Ticket affiliate insist they have a legally binding agreement through 2013.

If the broadcast rights were available, McCourt could fetch as much as $1 billion for the team in a bankruptcy sale, the Times said.

Major League Baseball this year nixed his bid for an accelerated deal with Fox Sports that would have paid the team $3 billion over 17 years.

The league instead is seeking a better price among a larger group of potential bidders including Fox, Time Warner Cable, AT&T, DirecTV and others, MLB.com reported.

© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
NCAA Game Summary - Miami-Ohio vs. Cincinnati
2
NCAA Game Summary - Miami-Florida at Nebraska
3
UPI Sports Schedule for Saturday, September 20
4
UPI Sports Results for September 20, 2014 UPI Sports Results for September 20, 2014
5
UPI Sports Results for September 19, 2014 UPI Sports Results for September 19, 2014
Trending News
Video
x
Feedback