Feb 27, 2012, 8:19 PM EST
Bill Shaikin of the Los Angeles Times reports that the Magic Johnson-Stan Kasten group is among seven bidders left in the running to buy the Dodgers.
The field was whittled down to nine after the groups headlined by Peter O’Malley and Joe Torre dropped out over the past week. The groups led by Memphis Grizzlies’ owner Michael Heisley and Tony Rossler, a minority investor in the Brewers, were eliminated today.
The remaining bidders include groups led by Johnson and veteran baseball executive Stan Kasten; Connecticut investment king Steven Cohen and longtime Los Angeles agent Arn Tellem; Stanley Gold and the family of the late Roy Disney; and New York media executive Leo Hindery in partnership with Tom Barrack, chairman of Santa Monica-based Colony Capital.
St. Louis Rams owner Stan Kroenke, Beverly Hills-based real estate developer Alan Casden and Jared Kushner, owner and publisher of the New York Observer and son-in-law of Donald Trump, also remain in contention.
The seven remaining groups will now advance to a review process by MLB, which includes voting by two committees of owners. MLB is expected to inform outgoing owner Frank McCourt which bidders have advanced by mid-to-late March. McCourt will then hold one more round of bidding before identifying a winner by April 1. He is required to close the sale by April 30.
Shaikin notes that the Dodgers are expected to sell for more than $1.5 billion, which would establish a new record sale price for an American sports franchise.
Feb 26, 2015, 11:02 PM EST
While Daniel Murphy would like to discuss a contract extension with the Mets, it looks like a foregone conclusion that he will test free agency after the 2015 season.
Feb 26, 2015, 9:49 PM EST
Braves outfielder Nick Markakis recently expressed frustration about how contract talks with the Orioles broke down over the winter.
Feb 26, 2015, 8:40 PM EST
Victorino gave up hitting from the left side late in 2013, but he’s ready to give it another shot.
Feb 26, 2015, 7:15 PM EST
It will be Harvey’s first game action since he underwent Tommy John surgery 16 months ago.
Feb 26, 2015, 6:06 PM EST
Santana hasn’t pitched in the majors since 2012 due to injury.
Feb 26, 2015, 5:17 PM EST
“I think hanging it up is going to be harder for guys than they realize, after being out of it for a year.”
Feb 26, 2015, 3:40 PM EST
But it’s a very different kind of battle.
Feb 26, 2015, 3:18 PM EST
Milwaukee out, Toronto in?
Feb 26, 2015, 2:06 PM EST
Shame on A-Rod for making the reporters obsess about him.
Feb 26, 2015, 1:34 PM EST
Maybe THIS is the year he finally stops swinging at everything
Feb 26, 2015, 1:19 PM EST
Wainwright has been diagnosed with an abdominal strain.
Feb 26, 2015, 12:30 PM EST
It’s been two and a half years, but it still leaves a “dirty taste” in his mouth.
Feb 26, 2015, 11:47 AM EST
Pena once looked like a potential star for the Reds and Red Sox, but then washed out by age 26.
Feb 26, 2015, 11:32 AM EST
He also (a) wants to emulate Greg Maddux; and (b) asked Sandy Koufax about his curveball.
Feb 26, 2015, 11:00 AM EST
Welcome to 2002, Ruben Amaro!
Feb 26, 2015, 10:49 AM EST
It’s still early, but …
Feb 26, 2015, 10:23 AM EST
Two weeks ago Francisco Rodriguez was said to be holding out for a two-year contract.
Feb 26, 2015, 10:04 AM EST
The Marins are protecting their investment.
Feb 26, 2015, 9:37 AM EST
Even if Mike Lupica thinks they will be soon.
Feb 26, 2015, 9:00 AM EST
Spring training is starting poorly for Toronto.
- Francisco Rodriguez re-signs with the Brewers 8
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 267
- Pirates open to massive extension for Andrew McCutchen 16
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 85
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 49
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks 131
- Rob Manfred says a return to a 154-game season could happen one day 66
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training 114
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (270)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties (106)
- Gregg Zaun says young players should be physically abused and hazed by veterans. So they can learn respect. (105)