Joe Torre’s group pulls out of the bidding for the Dodgers because McCourt won’t sell the parking lots
Feb 24, 2012, 9:06 AM EDT
The Los Angeles Times reports that Joe Torre’s ownership group — backed by real estate developer Rick Caruso — has pulled out of the bidding for the Dodgers. Why? Because Frank McCourt wants to keep the parking lots.
Caruso and other bidders thought the purchase of the lots would be negotiable. However, in a recent meeting with Caruso, McCourt said he intends to keep the lots and develop them, according to the people familiar with the sale process … McCourt divided the Dodgers and the parking lots into separate entities in 2005, with the approval of Major League Baseball. The Dodgers are in bankruptcy, but the McCourt entity that controls the parking lots is not.
Frank McCourt: buys the Dodgers on the back of a big parking lot deal in Boston, drives them into the ground, and wants to come out richer on the other end on the back of another parking lot deal.
So glad that Selig and company let this vulture into the ownership club.
- So that Juan Uribe trade to the Braves is back on … 5
- Ruben Amaro apologizes for comments about fans, admits he may have been late on rebuild 16
- Jonathan Lucroy expected to rejoin the Brewers on Monday 0
- More drama in Miami: Marlins demote third base coach Brett Butler after “confusion” over signs 33
- Ruben Amaro dismisses fans who “bitch and complain” about the Phillies’ moves 70
- And That Happened: Monday’s scores and highlights 67
- Reds finally shut down Devin Mesoraco seven weeks after hip injury, surgery may be needed 7
- Mike Napoli continues to kill the Angels 7
- And That Happened: Wednesday’s scores and highlights (133)
- Bryce Harper on Marvin Hudson ejection: “I don’t think 40,000 people came to watch him ump” (132)
- Bryce Harper ejected for second time in a week (122)
- And That Happened: Tuesday’s scores and highlights (101)
- And That Happened: Thursday’s scores and highlights (96)