Dodgers Look to Turn Over Team by End of Month April 7, 2012, 12:16 am The Los Angeles Dodgers, who filed for bankruptcy last June, filed documents Friday looking to get out for good by the end of the month. The group is paying a record price for a sports franchise. But the redacted documents do not describe how the ownership is being divvied among Johnson, Guggenheim's insurance and other businesses and some of its executives, including Mark Walter, the chief executive. In their documents, the Dodgers offered some reminders of their financial crisis last year. "When the debtors entered bankruptcy on June 27, 2011, they did not have enough cash to meet payroll that was due in three days," the team said, "and they were embroiled in a bitter dispute with Major League Baseball." Indeed, Commissioner Bud Selig installed a monitor to run the team, over McCourt's objections, and vetoed McCourt's multi-billion-dollar plan to sell the team's future TV rights to Fox Sports. When he was denied the deal, McCourt placed the team into bankruptcy. Assuming the plan and the sale are approved by April 30, McCourt will be able to pay a $131 million divorce settlement to his ex-wife, Jamie, on time.