From Reuters: (click below for the full article)
The Los Angeles Dodgers filed for bankruptcy protection today. They are blaming Major League Baseball for refusing to approve a television deal with News Corp’s Fox Network.
http://www.reuters.com/article/2011/06/27/losangelesdodgers-bankruptcy-idUSN1E75Q0A820110627
Here’s another post from abclocal.go.com:
http://abclocal.go.com/kabc/story?section=news/sports/pro/baseball&id=8216375
and from Bloomberg News:
http://www.bloomberg.com/news/2011-06-27/los-angeles-dodgers-file-for-chapter-11-bankruptcy-seek-television-deal.html