McCourt loan vs. MLB loan: Compare the terms
On Wednesday, a Delaware judge is set to decide whether the Dodgers should be financed through their bankruptcy proceedings with a loan arranged by team owner Frank McCourt or a loan provided by Major League Baseball. McCourt’s attorneys argue that the Dodgers should not be compelled to take a loan from MLB because that could give the league excessive control over an owner to which Commissioner Bud Selig is hostile. In response, MLB says the issue at hand should be which loan would be better for the Dodgers by costing the Dodgers less money. In a court filing on Monday, MLB included this chart comparing the two proposed loans.
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