Feb 27, 2012, 8:19 PM EDT
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.
Sep 1, 2015, 12:14 PM EDT
Former Rookie of the Year and All-Star closer.
Sep 1, 2015, 11:50 AM EDT
Wait — he wasn’t with the Dodgers already?
Sep 1, 2015, 11:28 AM EDT
“It wouldn’t surprise me if Jessica’s a regular on Sunday, Monday or Wednesday night baseball, whenever the time comes,” Kruk said.
Sep 1, 2015, 10:30 AM EDT
It’s pretty nice. But it also cost $1.6M.
Sep 1, 2015, 10:15 AM EDT
He’s running out of time.
Sep 1, 2015, 9:40 AM EDT
At least he claims he did. Hmmmmm . . .
Sep 1, 2015, 9:10 AM EDT
Bananas: an essential element in Team Chemistry.
Sep 1, 2015, 8:44 AM EDT
Put differently: It ain’t so.
Sep 1, 2015, 7:25 AM EDT
Matt Williams wears sunglasses like this so you cannot tell that he is asleep.
Sep 1, 2015, 12:51 AM EDT
Ruggiano will provide some depth with Yasiel Puig and Enrique Hernandez on the disabled list.
Sep 1, 2015, 12:37 AM EDT
The Giants made a last-minute deal before the waiver trade deadline expired, picking up outfielder Alejandro De Aza from the Red Sox.
Aug 31, 2015, 11:35 PM EDT
Miller could use a little bit of luck these days.
Aug 31, 2015, 10:12 PM EDT
Olt was designated for assignment after the Cubs acquired Austin Jackson from the Mariners.
Aug 31, 2015, 10:00 PM EDT
Enrique Hernandez has begun to take away playing time from the struggling Joc Pederson in recent days, but now the Dodgers will have to make due without him for a while.
Aug 31, 2015, 9:43 PM EDT
Gomes, 34, is batting .221/.325/.364 with seven home runs and 22 RBI over 83 games this season.
Aug 31, 2015, 8:45 PM EDT
CC Sabathia was shut down earlier this month due to an arthritic condition in his right knee.
Aug 31, 2015, 7:53 PM EDT
Kiermaier makes a leaping catch to rob Manny Machado of a home run.
Aug 31, 2015, 7:04 PM EDT
Marco Gonzales is expected to start in his place Tuesday.
Aug 31, 2015, 7:00 PM EDT
De Aza is batting .292 with 18 extra-base hits (including four home runs), 25 RBI, and an .831 OPS in 60 games since joining the Red Sox in June.
Aug 31, 2015, 6:21 PM EDT
Jackson, an impending free agent, is batting .272/.312/.387 with eight home runs, 38 RBI, and 15 stolen bases over 107 games this season.
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- Unknown Cuban ballplayer sleeps outside of Dodger Stadium, hoping for a tryout 32
- And That Happened: Sunday’s scores and highlights 74
- Jake Arrieta no-hits the Dodgers with 12 strikeouts 32
- Blue Jays will name Mark Shapiro as the new team president 31
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