Frank McCourt Proposes a Media Rights Auction
In a last-ditch effort to keep the Los Angeles Dodgers, owner Frank McCourt proposed an auction for the team’s media rights, according to documents filed Friday in bankruptcy court.
Currently, FOX has the team’s broadcast rights through the 2013 MLB season. Under the proposed plan, FOX would have a 45-day window to negotiate a new deal with the team. If the two sides are unable to reach a deal, the media rights would be auctioned off. Proposed bidders include DirecTV, Time Warner and Dish Network, according to the filing.
A hearing is set for next month.
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