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Breaking: MLB To Take Over Los Angeles Dodgers Operations

Major League Baseball is taking over the operations of the Los Angeles Dodgers, according to a statement just released by Commissioner Bud Selig.

The move comes just a few days after the Dodgers had to borrow $30 million the team’s former owner, Fox, in order to cover payroll. Currently Dodgers owner Frank McCourt is in the middle of a divorce battle, and his ex-wife is saying she is owed part of the team.

“I have taken this action because of my deep concerns regarding the finances and operations of the Dodgers and to protect the best interests of the Club, its great fans and all of Major League Baseball,” said Selig in a statement.

Selig’s full statement, after the jump.

“Pursuant to my authority as Commissioner, I informed Los Angeles Dodgers owner Frank McCourt today that I will appoint a representative to oversee all aspects of the business and the day-to-day operations of the Club. I have taken this action because of my deep concerns regarding the finances and operations of the Dodgers and to protect the best interests of the Club, its great fans and all of Major League Baseball. My office will continue its thorough investigation into the operations and finances of the Dodgers and related entities during the period of Mr. McCourt’s ownership. I will announce the name of my representative in the next several days.

“The Dodgers have been one of the most prestigious franchises in all of sports, and we owe it to their legion of loyal fans to ensure that this club is being operated properly now and will be guided appropriately in the future.”

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