Dodgers sale on track to close Monday
When the Dodgers take the field Monday night, they should be under new ownership.
The sale of the Dodgers is expected to close as scheduled on Monday, according to three people familiar with the process.
Friday marked the deadline for parties to object to the U.S. Bankruptcy Court order approving the sale from Frank McCourt to Guggenheim Baseball, a group led by Mark Walter, Stan Kasten and Magic Johnson. No objections were filed.
McCourt sold the team for a record $2.15 billion. The money is ready to be transferred to him, two of the people said Friday.
His divorce settlement requires him to pay $131 million to his ex-wife, Jamie, on Monday.
Attorneys for Frank McCourt, Guggenheim and Major League Baseball are close to finalizing the extensive documentation that accompanies the sale. The attorneys are expected to work through the weekend if necessary.
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