Frank McCourt made his bones with a big parking lot in Boston. And, as his days as the Dodgers owner dwindled, there was talk that he would continue to maintain ownership over the parking lots of Dodger Stadium, thereby continuing to hold the team hostage in his own special parking lot troll way.
But nope, it ain’t happening:
Soon-to-be former Los Angeles Dodgers owner Frank McCourt will not earn any immediate profits from parking revenue at land around Dodger Stadium, three sources told ESPNLosAngeles.com.
As part of the deal with the ownership group led by Magic Johnson, McCourt can only see future profit from the land around Dodger Stadium if it is developed in future years. Two sources told ESPNLosAngeles.com that there is no plan for development in the immediate future.
The real money here is the possibility of the land being used to build a football stadium or something like it. What will not happen, however, is McCourt nickel and diming the new Dodgers owners over the parking lots. He’ll get none of that at all.