McCourt and Selig to battle on; UK and Calipari two year extension; Naming rights at College World Series

June 28, 2011

McCourt and Selig at odds over Dodgers' bankruptcy filing

In a last ditch to effort to save his ownership of the Los Angeles Dodgers, Frank McCourt is seeking the protection of a bankruptcy court for his Los Angeles Dodgers. McCourt has obtained $150 million in financing, that if approved by the bankruptcy court would allow McCourt to meet team payroll obligations for this Thursday. However, Major League Baseball and Commissioner Bud Selig will strongly challenge the bankruptcy filing today in a Delaware court.

To find out what to expect in court today - view the following link.

To read the Dodgers' news release on the bankruptcy filing view this link.

Finally, to the view the bankruptcy filing and the list of creditors, use this link. Noteworthy among the creditors are: Manny Ramirez owed close to $21 million, Andruw Jones over $11 million, and the Chicago White Sox owed $3.5 million.

University of Kentucky thrilled with Calipari
 
John Calipari, basketball coach at the University of Kentucky will receive a two year contract extension from the school that will keep him with the Wildcats through the 2018-19 season.

Use this link to see financial details of the contract.

Calipari's contract in pdf, with the amended terms starting on page 21.

College Baseball World Series
 
The College Baseball World Series is in full swing as two SEC teams battle it out for the NCAA Championship. Florida and South Carolina played last night with the Gamecocks coming out on top in the first of a three game series. This is the first year that the College World Series will not take place at Rosenblatt Stadium in Omaha, instead the series moved to a new stadium in Omaha. Now at TD Ameritrade Park, the naming rights deal gives Omaha based TD Ameritrade a strong presence in college sports.
For further information, click it here.
 

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