Two Billion CASH

Pretty incredible update on the Dodgers ownership situation from the LA Times’ Bill Shaikin:

Source: #Dodgers deal is all cash, no financing. MLB review will be formality because of no debt added to team liabilities.

— Bill Shaikin (@BillShaikin) March 28, 2012

That removes any concerns about the financial situation for the new owners. Incredible win for Frank McCourt and hopefully MLB, as the Dodgers franchise and its fans have new hope.