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Why did Major League Baseball take over the Los Angeles Dodgers?

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Once known as the team that broke the major-league color line with Jackie Robinson, the Dodgers moved from Brooklyn to Los Angeles in 1958. As the Los Angeles Dodgers, they won five World Series championships between 1959 and 1988, boasting such stars as Sandy Koufax, Fernando Valenzuela, and Kirk Gibson, and managed by Walter Alston and Tommy Lasorda.

“Certainly, this is one of the top franchises in all of sports. When it has gotten to the point where the commissioner has to step in and take over, it means there are very serious problems that need to be dealt with,” says Carmen Policy, former president of the San Francisco 49ers and Cleveland Browns.

The Dodgers' financial problems stem from the divorce proceedings between owner Frank McCourt and the now-fired Dodgers executive Jamie McCourt, who has claimed 50 percent ownership in the team.

“Lessons in this [reach] beyond the sports world, on the importance of staying focused on what you are about as an organization,” says Mr. Maloni. “This is more distraction than the team has ever had before.”

Selig said he will appoint an MLB representative in a few days, to oversee all aspects of the "business and day-to-day operations" of the Los Angeles Dodgers.

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