McCourt, Fox Sports Strike Deal Over Telecast Rights

The Los Angeles Dodgers and Fox Sports announced
today that they have reached an agreement resolving various disputes regarding
the Dodgers' telecast rights.
   The agreement, which was filed today with the U.S. Bankruptcy Court in
Delaware, resolves the differences between the Dodgers and Fox Sports on terms
that are satisfactory to both parties.
   The Dodgers issued a statement calling the agreement ``a significant
step towards a successful sale of the Los Angeles Dodgers.''
   ``It resolves all of the parties' differences relating to the telecast
rights agreement with Fox,'' the statement said. ``This consensual resolution
of all disputes between the debtors and Fox will enable the sale of the Dodgers
to proceed forward, free of any uncertainty relating to the various issues
under dispute, with the continued objective of maximizing value for the debtors
and their estates.''
   Fox Sports issued a statement, saying it was ``never in favor of
litigation, but it was imperative that we protect our exclusive media rights.
Under the terms of the settlement, Fox's media rights remain in place and we
look forward to working with new ownership on future television rights
discussions.''
   Dodgers owner Frank McCourt and Major League Baseball reached an
agreement Nov. 1 regarding a ``court-supervised process'' to sell the team,
which filed for Chapter 11 bankruptcy in June.