How does this happen?

[SubGod22]

MLB: Dodgers Don't Have Enough Money to Make Payroll

I don't fully understand everything, but it surprises me that the Dodgers of all teams would be the one that this happens to.

[NCAABound]

Don't get me started. My favorite team has become the laughingstock of MLB. It just rubs salt in the would when it is Selig taking the team over. I can't stand that guy.

[Kung Wu]

I dunno, but they are located in California. I am starting to believe that California sun plus marijuana does something to permanently damage one's logic-related synapses beyond all repair.

[SubGod22]

Dodgers Owner Reportedly Is Offered $1.2B for Team

LOS ANGELES -- Frank McCourt has been offered $1.2 billion for the Los Angeles Dodgers in a bid that would get funding from Chinese government-owned investment banks, according to the contents of a letter disclosed to the Los Angeles Times.

The bid to buy the team out of bankruptcy was being headed by Los Angeles Marathon founder Bill Burke, the Times reported Thursday, citing two people familiar with the letter but not authorized to discuss it publicly.

The bid terms call for an all-cash payment to buy the Dodgers, all real estate related to the team and the team's media rights.

McCourt has said that he has no interest in selling the Dodgers and that he intended to remain the owner after the team emerges from bankruptcy protection. But attorneys for McCourt have said he could try to keep Dodger Stadium and the surrounding parking lots even if he did sell the team.

The letter, which was presented on behalf of the Burke group by Signal Capital Management of New York, said funding for the bid would come from "certain state-owned investment institutions of the People's Republic of China" as well as unidentified American investors.