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08:16 AM ET 10.14 | Frank McCourt would seem to have made a better than ideal purchase. Buy team, make money. That's the tried-and-true formula in major professional sports, where even an owner who loses money running his team can cash in when he sells. [McCourt] should be Exhibit A for this theory. McCourt bought the Dodgers for $421 million seven years ago, and the team arguably has doubled in value since then. Yet McCourt's decision to take the Dodgers into bankruptcy means he could be forced to walk away from the team with absolutely nothing. ... In a Bankruptcy Court filing last month, attorneys for Major League Baseball argued that "everyone wins" if the Dodgers are ordered sold, including his ex-wife and McCourt himself.

Frank McCourt, Getty Images

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October 14, 2011 08:19 AM ET

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McCourt had an offer for the team at 1.2B and refused. The man is not going to sell and will go down with the ship. Pathetic.

VisionQuest

Swansboro, NC

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October 14, 2011 08:22 AM ET

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... a not s aingle person is shedding a tear for him.

h2opololpunk

Gainesville, FL

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October 14, 2011 08:26 AM ET

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The Strinbrenners should buy them, than Hank and Hal can each have a team... maybe move them back to Brooklyn... heh heh.

Sports_Fan_19

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October 14, 2011 11:30 AM ET

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QUOTE(#2):

Originally posted 08:22 AM ET 10.14 by h2opololpunk

... a not s aingle person is shedding a tear for him.

Melman

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October 14, 2011 12:05 PM ET

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He screwed up the team, no wonder it is worth less...

AllStarz Ruinating…

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October 14, 2011 12:32 PM ET

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A few months ago, I lamented that it wasn't the Red Sox McCourt bought...now I am perfectly content with the Red Sox ownership situation.

Leemorr

Canyon Country , CA

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October 14, 2011 07:05 PM ET

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QUOTE(#6):

Originally posted 12:05 PM ET 10.14 by AllStarz Ruinating the Nation

He screwed up the team, no wonder it is worth less...

The ball club and surrounding areas are worth upwards of a billion dollars. Try doing some research before these bone headed comments.

BLNTD1

Pasadena , CA

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October 15, 2011 02:25 PM ET

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QUOTE(#8):

Originally posted 07:05 PM ET 10.14 by BLNTD1

The ball club and surrounding areas are worth upwards of a billion dollars. Try doing some research before these bone headed comments.

Read the article. His debts and tax liabilities could wipe out his equity. The Dodgers are worth more than he paid, but he likely owes about what it is now worth.