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Dodgers News: L.A. Must Trim Payroll In Compliance With MLB Debt Guidelines

The Los Angeles Dodgers organization and fan base endured a dark period during Frank McCourt’s final years as owner as the club was dragged into a heated divorce and bankruptcy. In accordance with MLB, McCourt orchestrated the sale of the Dodgers.

Entered Guggenheim Baseball Management, a group that purchased the storied franchise for a record $2.15 billion. Immediately after taking control of the Dodgers, Guggenheim moved to reinvigorate the fan base by adding over $250 million in salary in a trade with the Boston Red Sox.

From there, Zack Greinke was signed and Clayton Kershaw received a contract extension.