The overall financial health of the franchise was such a concern to baseball commissioner Bud Selig that he appointed Tom Schieffer Monday to oversee the operation of the team.
Schieffer is the former president of the Texas Rangers. Tuesday, he told Eyewitness News what his responsibilities will be.
"It's monitoring a lot of the financial stuff, and we are kind of working this out as it goes along," said Schieffer. "But there is obviously a difficult situation that exists with the Dodgers right now. The commissioner is aware of that. The primary goal here is to restore the faith of the Dodger fans in the franchise. I told the commissioner that I would stay with it until we got the ship righted. And how long that will take I think is anybody's guess right now."
Schieffer will be in Los Angeles Wednesday afternoon at an introductory news conference at an LAX-area hotel around the same time co-owner Frank McCourt will be in New York City talking to Major League Baseball officials about his situation and about a possible new TV deal.
McCourt released a statement Tuesday: "The agreement reached by the Dodgers and FOX for a new media rights deal provides financial stability for the ballclub for years to come. The media-rights package is fully negotiated, and it is one of the most favorable ever reached by a baseball team."