Frank McCourt agrees to sell Dodgers

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UPDATE:   Major League Baseball and the Dodgers have released a joint statement confirming the earlier Los Angeles Times report:

“The Los Angeles Dodgers and Major League Baseball announced that they have agreed today to a court supervised process to sell the team and its attendant media rights in a manner designed to realize maximum value for the Dodgers and their owner, Frank McCourt.  The Blackstone Group LP will manage the sale process.”

12:48 AM: Rejoice, Dodgers fans.

According to Bill Shaikin of the Los Angeles Times, Frank McCourt has agreed to sell the Dodgers. The team will be auctioned off in bankruptcy court.

No firm details yet, but Shaikin reported late last night that McCourt was nearing an agreement with MLB on a bankruptcy settlement to sell the team. The deal is expected to include Dodger Stadium and the surrounding parking lots. It’s estimated that a sale would command a record asking price of $1 billion or more.

We’ll undoubtedly have a lot more on this situation in the morning, so stay tuned.

Justin Verlander named ALCS MVP

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Following the Astros’ decisive 4-0 shutout over the Yankees on Saturday night, Justin Verlander was named the Most Valuable Player of the American League Championship Series. Hall of Fame outfielder and former MLB manager Frank Robinson handed the award to Verlander, who was beaming as he thanked his teammates and members of the Astros’ organization.

“I’ve got to say, it came down to the wire, and one thing kept going off in my head was Dallas,” Verlander told the crowd gathered at Minute Maid Park. “When he called me, he said that I won’t regret my decision to join the Houston Astros. And here we are right now, it’s the best feeling in the world. We’ve got four more wins to win a World Series, and I do not regret my decision to come here. This is the best feeling a player can have. So, thank you.”

Among a cast that boasted the likes of Jose Altuve, Carlos Correa and Dallas Keuchel, among others, Verlander was spectacular. He locked down a complete game win in Game 2, holding the Yankees to one run on five hits and a walk and striking out a postseason-high 13 batters. In Game 6, he saved the Astros from elimination with seven scoreless innings, helping propel the club to their eventual 7-1 finish that set up their series-clinching finale on Saturday.

The 34-year-old righty also took his place among some postseason greats. Thanks to an eight-strikeout outing on Friday night, his collective 136 postseason strikeouts are good for sixth-most in MLB playoff history, just a smidgen shy of Tom Glavine (143), Mike Mussina (145), Roger Clemens (173), Andy Pettitte (183) and John Smoltz (199). He also joined Bob Gibson, Curt Schilling and Sandy Koufax as one of just four hurlers to strike out 20+ Yankees in a postseason series.