Dodgers 1st Day

INTHEUNITEDSTATESBANKRUPTCYCOURTFORTHEDISTRICTOFDELAWARE)Chapter11

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Inre:LOSANGELESDODGERSLLC,

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Debtors.DECLARATIONOFJEFFREYJ.INGRAMINSUPPORTOFDEBTORS'CHAPTER11PETITIONSANDFIRSTDAYMOTIONSI,Jeffrey

J.

Ingram,beingfullysworn,herebydeclarethatthefollowingistruetothebestofmyknowledge,information,andbelief:1.IamcurrentlytheAssistantTreasurerofdebtorLosAngelesDodgersLLC("LAD").IalsoserveasExecutiveVicePresidentandSecretaryofdebtorsLAHoldcoLLC("HoldCo"),LosAngelesDodgersHoldingCompanyLLC("LADHolding"),LARealEstateHoldingCompanyLLC("ReaICoHolding"),andLARealEstateLLC("ReaICo,"andtogetherwithLAD,HoldCo,LADHoldingandRealCo,the"Debtors").Onthedatehereof(the"CommencementDate"),LADcommencedavoluntarycaseunderchapter11oftitle11oftheUnitedStatesCode(the"BankruptcyCode").Iamfamiliarwiththeday-to-dayoperations,business,andfinancialaffairsoftheDebtors,havingservedasanofficerofoneormoreofthoseentitiessince2004.2.Isubmitthisdeclaration(the"Declaration")toprovidetheCourtandotherpartiesininterestwithanoverviewoftheDebtors'operationsandtodescribethecircumstances

TheDebtors,togetherwiththelastfourdigitsofeachDebtor'sfederaltaxidentificationnumberare:LosAngelesDodgersLLC(3133);LosAngelesDodgersHoldingCompanyLLC(4851);LAHoldcoLLC(2567);LARealEstateHoldingCompanyLLC(4850);andLARealEstateLLC(3029).ThelocationoftheDebtors'corporateheadquartersandtheserviceaddressfortheDebtorsis:1000ElysianParkAvenue,LosAngeles,California90012.

LA1266496.5

compellingthecommencementofthischapter11case.IalsosubmitthisDeclarationinsupportofthefirstdaymotionsandapplications(collectively,the"FirstDayPleadings")filedbytheDebtorssubstantiallycontemporaneouslyherewithbywhichtheDebtorsseekreliefnecessarytoenabletheDebtorstooperateeffectively,minimizecertainofthepotentialadverseeffectsofthecommencementofitschapter11case,andpreserveandmaximizethevalueoftheDebtors.3.Exceptasotherwiseindicated,allfactssetforthinthisDeclarationarebaseduponmypersonalknowledge,mydiscussionwithotheremployeesandrepresentativesoftheDebtors,myreviewofrelevantdocuments,ormyopinionbaseduponmyexperienceandknowledgeoftheDebtors'operationsandfinancialcondition.If!werecalledtotestify,IwouldtestifycompetentlytothefactssetforthinthisDeclaration.4.SectionIprovidesabackgrounddescriptionoftheDebtors'business,history,andorganizationalstructure,prepetitionindebtedness,andthecircumstancesgivingrisetothecommencementoftheChapter11Case.SectionIIsummarizestheFirstDayPleadingsandtherelieftheyseek,whichtheDebtorsbelieveiscrucialtotheirsuccessfulreorganization.

I.BACKGROUNDA.OwnershipStructure

5.LosAngelesDodgersLLC("LAD")operatesaprofessionalmajorleaguebaseballclublocatedintheLosAngelesmetropolitanarea.Theclub'smembershipinMajorLeagueBaseball("MLB")isdescribedintheMajorLeagueConstitution(the"MajorLeagueConstitution"),asassumedbyLADpursuanttoanAssumptionAgreement,datedasofFebruary13,

2004.z

NoneoftheotherDebtorsareapartytotheMajorLeagueConstitution,nordotheyhaveanyroleintheoperationofthebaseballclub.

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6.LADisaDelawarelimitedliabilitycompany,whosesolememberisdebtorLosAngelesDodgersHoldingCompanyLLC("LADHolding"),alsoaDelawarelimitedliabilitycompany.LADHolding'ssolememberisdebtorLAHoldcoLLC("HoldCo"),alsoaDelawarelimitedliabilitycompany.BothLADHoldingandHoldCoareholdingcompanieswithnooperatingassets.Asdescribedfurtherbelow,HoldCoisthesolememberofdebtorLARealEstateHoldingCompanyLLC("RealCoHolding"),aDelawarelimitedliabilitycompany.RealCoHoldingisthesolememberofLARealEstateLLC("RealCo"),aDelawarelimitedliabilitycompanythatownsDodgerStadiumandtherealestateuponwhichitislocated,aswellasDodgerTicketsLLC("Tickets"),aDelawarelimitedliabilitycompanythatownstherighttoreceivefutureticketrevenuefromDodgergamesatDodgerStadium.HoldCoisawhollyownedsubsidiaryofLAPartnersLLC("LAPartners"),whichinturnisawhollyownedsubsidiaryofTheMcCourt-BroderickLimitedPartnership("TMBLP"),aMassachusettslimitedpartnership.TMBLPisthesolememberofBlueLandcoLLC("BlueLand"),aDelawarelimitedliabilitycompanythatownstheparkinglotssurroundingDodgersStadium.FrankH.McCourt,Jr.("Mr.McCourt")isthesolelimitedpartnerofTMBLPandownsa90%interest,withtheremaining10%interestownedbyTMBLP'ssolegeneralpartner,TheMcCourtCompany,Inc.,aDelawarecorporation.NoneoftheparentsofHoldCoaredebtorsinthesechapter11cases.

B.

MajorLeagueBaseball

7.TheOfficeoftheBaseballCommissioner(the"Commissioner'sOffice")isanunincorporatedassociationalsodoingbusinessasMajorLeagueBaseball("MLB")thathasasitsmembersthirtybaseballclubs.Thoseclubsaredividedintotwoleagues,theAmericanLeagueandtheNationalLeague(theDodgersareintheWestdivisionoftheNationalLeague).

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