AP source: MLB forms economic group as regional TV in peril

Concerned about a possible bankruptcy for the company that owns local broadcasting rights to 14 of the 30 Major League Baseball teams, the league has formed a new economic study committee that will gather next week at the owners' meetings in Palm Beach, Florida. The committee also will examine revenue disparity among MLB clubs. Los Angeles Dodgers chairman Mark Walter and Detroit Tigers chairman Chris Ilitch are among the committee members, the person said.