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McCourt gets no parking lot money

Updated: March 29, 2012, 10:08 PM ET
By Ramona Shelburne | ESPNLosAngeles.com

The joint venture between the ownership group led by Magic Johnson and soon-to-be former Los Angeles Dodgers owner Frank McCourt for land around Dodger Stadium will not allow McCourt to reap any profits from parking revenue, according to three sources with knowledge of the situation.

The new ownership group, which entered into a $2.15 billion deal to purchase the Dodgers on Tuesday night, has control over the parking lots and land around the stadium. McCourt, the sources said, is ...

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