A look at what's on deck in the LA Dodgers ownership saga

Former Rangers President Named Dodgers "Monitor"

J. Thomas Schieffer will oversee Dodger operations

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    NEWSLETTERS

    Getty Images
    Former U.S. Ambassador to Japan, Thomas Schieffer, poses during a friendly baseball game between U.S. embassy employees and Japan's ruling Liberal Democratic Party's freshmen at the Tokyo Dome on March 15, 2006.

    A former president of the Texas Rangers has been appointed by Major  League Baseball to oversee the day-to-day operations of the Los Angeles Dodgers.

    J. Thomas Schieffer, 63, was an investor in the Rangers' ownership group  that included George W. Bush.

    Last week, MLB Commissioner Bud Selig announced the takeover. Major League Baseball took over day-to-day operations of the Dodgers on Wednesday because owner Frank McCourt's troubled finances and unresolved divorce settlement have seemingly paralyzed the franchise.

    In a statement, Schieffer was referred to as the team's "monitor."

    The MLB released the following statement:

    Baseball Commissioner Allan H. (Bud) Selig announced today that he has appointed J. Thomas Schieffer, the former president of the Texas Rangers, as the Monitor of the Los Angeles Dodgers franchise.  Schieffer will represent the Office of the Commissioner of Baseball in the oversight of the day-to-day operations, business and finances of the Dodgers and all of the franchise’s related entities.

    "We are very fortunate to have someone of Tom Schieffer's stature monitor the operations of the Los Angeles Dodgers on behalf of Major League Baseball," Selig said. "Tom is a distinguished public servant who has represented the nation with excellence and has demonstrated extraordinary leadership throughout his career. The many years that he spent managing the operations of a successful franchise will benefit the Dodgers and Major League Baseball as a whole. I am grateful for Tom's acceptance of this role."

    Schieffer was an investor in a group led by George W. Bush and Rusty Rose that bought the Rangers in 1989. He was the Rangers' president from 1991-1999 and a general partner from 1994 to 1998.

    The Rangers won their first three American League West titles the late 1990s under Schieffer's tenure.

    Schieffer was the ambassador to Japan and Australia during Bush's presidency.