Los Angeles Dodgers File for Bankruptcy

The Los Angeles Dodgers have filed for Chapter 11 bankruptcy protection this morning, according to an official statement from the team. The news follows a bitter divorce battle between Dodgers owners Frank and Jamie McCourt, who reached a settlement earlier this month, and reports last week that Major League Baseball blocked the team from signing a television deal in order to raise funds for their payroll. Richard Sandomir, a sports business writer for our partner The New York Times, joins us to  discuss  the news.