Nov 3, 2011, 7:28 AM EDT
ESPN Los Angeles is reporting that former Dodger first baseman Steve Garvey is preparing to put in a bid for the team in the upcoming bankruptcy auction which will finally wrest control of the team from the clutches of Frank McCourt.
As I said back then, one has to wonder whether a motivational speaker/informercial king/VIP greeter/paternity suit magnet like Garvey who, by some reports, has had personal financial difficulties of his own over the years is really someone who can rope together a billion bucks from investors. But this being an auction, Garvey’s financial bona fides will be checked beforehand and his group approved by Major League Baseball before he’s allowed to bid.
There appear to be no shortage of other groups trying to get a bid together. Former owner Peter O’Malley said he is. Mark Cuban may. Former agent Dennis Gilbert, who was in pursuit for the Rangers last year, may also be interested. And of course there are always heavily-moneyed people you’ve never heard of who show up on the scene in such instances.
The kicker to all of this: if the bidding does get hot and heavy and the price goes up, Frank McCourt may actually walk away from this thing with a lot of dough even after he pays off his copious debts. Which would push me that much closer to simply becoming a nihilist.
- Phil Hughes could finish the season with the best K/BB ratio in MLB history 8
- Settling the Score: Friday’s results 22
- Clayton Kershaw wins his 20th game of the season 10
- Why are so many people acting like Bryce Harper is a bum? 79
- It certainly looks like Barry Bonds’ criminal conviction is going to be overturned 91
- And That Happened: Thursday’s scores and highlights 72
- VIDEO: Derek Jeter hits first home run at Yankee Stadium this season 11
- Ron Washington claims he resigned because he cheated on his wife 103
- Geddy Lee’s baseball obsession makes it really hard for me to hate Rush (109)
- Ron Washington claims he resigned because he cheated on his wife (103)
- It certainly looks like Barry Bonds’ criminal conviction is going to be overturned (91)
- And That Happened: Tuesday’s scores and highlights (83)
- Umpire ejects jackwagon fan heckling Bryce Harper in Atlanta last night (82)