Dodgers owner Frank McCourt appears close to an agreement with Major League Baseball on a bankruptcy settlement in which he would agree to sell the team.
He has been engaged in a two-year battle to keep the Dodgers through a bruising divorce and a bankruptcy filing.
The purchase probably would include Dodger Stadium and the surrounding parking lots in a package that could command a record price of $1 billion or more.
McCourt Inching Closer To Selling Dodgers