Owners approve $430M sale of team

Updated: January 30, 2004, 3:56 PM ET
Associated Press

LOS ANGELES -- The $430 million sale of the Los Angeles Dodgers from News Corp. to Boston real estate developer Frank McCourt was unanimously approved Thursday by baseball owners.

"Welcome to a new era of Dodger baseball," McCourt said at a Dodger Stadium news conference. "I intend to restore the glory days of Dodger baseball with a team worthy of support from our fans. We've committed not just to buy this team, but to win a world championship."

The Dodgers haven't won a postseason ...

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