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Deadline looms for Dodgers

Updated: May 27, 2011, 4:31 PM ET
Associated Press

LOS ANGELES -- When Frank McCourt bought the Los Angeles Dodgers in 2004 with his then-wife Jamie at his side, he promised to restore a treasured franchise that hadn't made the playoffs in seven years and hemorrhaged tens of millions of dollars under its previous owner.

Indeed, the team has gone to the postseason four out of the past seven years. Yet the team's financial woes have worsened so badly that Major League Baseball has appointed a monitor to oversee the Dodgers, and Jamie McCourt ...

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