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Dodgers' debt is $573 million, according to court filing

"The Dodgers told the U.S. Bankruptcy Court on Friday exactly how much they owe: $573 million.

The team included the figure in filing its reorganization plan, the formal document that explains how a company intends to get out of bankruptcy. For the Dodgers, that means a sale of the team, a process that appears to be getting more competitive by the day.

Larry Ellison, the founder and chief executive of software giant Oracle, has considered pursuing the Dodgers, two people familiar with the matter said Friday. Each person said he did not know whether Ellison would participate in bidding for the team.

Oracle spokeswoman Deborah Hellinger declined to comment.

Ellison is the richest man in California and the third-richest man in the United States, according to Forbes magazine, which in September estimated Ellison's net worth at $33 billion.

Ellison owns several properties in Malibu but maintains his primary residence in Northern California. Within the last three years, he has delivered an America's Cup yachting champion; bought the BNP Paribas Open, saving Southern California's premier tennis tournament from possible extinction; and bid unsuccessfully for the NBA's Golden State Warriors.

In their court filing, the Dodgers said all creditors would be paid in full, primarily with proceeds from the sale of the team. The new owner will inherit deferred player contracts, according to the plan."


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