Major League Baseball is trying to force a sale of the Dodgers and has even threatened to drum them out of the league. But I don’t think either of those things present as serious a threat to Frank McCourt as this does:
Fox Sports filed suit against the Dodgers in U.S. Bankruptcy Court late Tuesday, alleging the team has breached its current television contract in pursuit of a new one. … The suit asks that the court reject any such sale except in accordance with the current contract, under which Fox retains exclusive negotiating rights through November 2012 as well as the right to match any other offer. The auction process proposed by McCourt and his attorneys would not honor those rights.
McCourt’s only hope of coming out of this is getting a new, lucrative TV deal. If he can’t auction the rights and, instead, has to deal with only Fox in a situation where they have all the leverage, I don’t see how the Dodgers emerge from bankruptcy with McCourt at the helm. Or, if they do, I don’t see how they do it without effectively becoming a small market team.