Major League Baseball is taking over the Los Angeles Dodgers, a team financially paralyzed by the divorce of its owners.
Baseball Commissioner Bud Selig says in a release Wednesday that he will appoint a representative to oversee the "business and the day-to-day operations of the Club."
Selig says he took action "because of my deep concerns regarding the finances and operations of the Dodgers."
His decision followed a report by the Los Angeles Times that owner Frank McCourt had arranged a $30 million loan from the Fox, the team's television partner.
Selig says he will announce the new team head in the next several days.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
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