4/22 – Fox’s $3 Billion Dodgers TV Agreement Has Loose Ends

The Los Angeles Dodgers’ new $3 billion broadcast agreement with News Corp. may need the approval of Major League Baseball’s yet-to-be-named trustee for the team, according to a former CBS Sports executive. MLB must approve any TV deal Dodgers owner Frank McCourt negotiates. The 20-year accord is worth about $3 billion, the Los Angeles Times reported today, citing Steve Soboroff, team vice chairman. McCourt would use proceeds to reduce debt and settle a property dispute with his ex-wife Jamie. Citing the Los Angeles Lakers’ deal with Time Warner Cable Inc. (TWC), a trustee might seek bids, according to Bloomberg.

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