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, 2014, 10:09 PM EDT
Bailey is currently deciding whether to undergo surgery for a flexor mass strain in his right elbow.
Jorge Soler is third player in last 100 years with an extra-base hit in each of his first five games
Sep 1, 2014, 9:11 PM EDT
Enos Slaughter (1933) and Will Middlebrooks (2012) are the only others.
Sep 1, 2014, 8:12 PM EDT
Acquired from the White Sox on Sunday, Adam Dunn made an instant impact in his A’s debut this afternoon.
Sep 1, 2014, 7:21 PM EDT
Franco got off to a slow start this season, but he has been on a tear in Triple-A since the start of July.
Sep 1, 2014, 6:31 PM EDT
The Brewers have had at least a share of first place since April 4.
Sep 1, 2014, 5:15 PM EDT
The Pacific Coast League MVP is on his way to L.A.
Sep 1, 2014, 4:21 PM EDT
Four pitchers, led by Cole Hamels, who handled six innings of it, combined to no-hit the Atlanta Braves.
Sep 1, 2014, 3:15 PM EDT
It sounds like Manny is a changed man
Sep 1, 2014, 2:30 PM EDT
As the Marlins’ playoff chances fade.
Sep 1, 2014, 1:44 PM EDT
He was already unofficially shut down. Now it’s all official-like.
Sep 1, 2014, 12:38 PM EDT
Reports of strife between Porter and the front office were apparently right on the nose.
Sep 1, 2014, 11:40 AM EDT
Old Hoss Radbourn is an amateur.
Sep 1, 2014, 10:51 AM EDT
The Brewers are tied for first place and need a boost.
Sep 1, 2014, 10:17 AM EDT
Maybe Yost should just tell Royals fans the exact number of people he needs in the seats for his team to play at its best.
Sep 1, 2014, 9:30 AM EDT
The A’s were, quite recently, the best team in baseball. Now they’re five back of the Angels.
Sep 1, 2014, 8:45 AM EDT
Well, it’s not his (or his estate’s) house anymore. Likely wasn’t for decades. But if someone wants Jon Voight’s LeBaron, someone will probably buy this, right?
Sep 1, 2014, 6:00 AM EDT
And part of the reason for this reminder is that, while Major League Baseball sees fit to commemorate most other holidays that occur during the baseball season, it has always given Labor Day short shrift.
Aug 31, 2014, 11:35 PM EDT
The Blue Jays added an outfield bench bat, picking up John Mayberry, Jr. from the Phillies on Sunday.
Aug 31, 2014, 11:05 PM EDT
The Brewers tried but ultimately failed to acquire David Price from the Rays in July because they refused to part with pitcher Jimmy Nelson.
Aug 31, 2014, 10:30 PM EDT
Bryce Harper entered August with numbers far below expectations. He’ll enter September with much better-looking stats thanks to a decent showing in August, including a spectacular finish on Sunday.
- The Cardinals have moved ahead of the Brewers for first place in the National League Central 14
- No-hitter! Four Phillies pitchers combine to blank the Braves 54
- Bo Porter fired by the Astros 52
- Settling the Score: Sunday’s results — and a reminder of what Labor Day is all about 46
- Reds trade setup man Jonathan Broxton to the Brewers 17
- Miguel Cabrera sits Sunday with nagging ankle injury 13
- A’s acquire veteran slugger Adam Dunn from the White Sox 54
- Settling the Score: Saturday’s results 18
- Could women play major league baseball? Sure. Right now, though, the deck is stacked against them. (220)
- Albert Pujols plays the “you never played the game!” card (104)
- Great Moments in Drug Testing and Punishment: The NFL Edition (101)
- And That Happened: Thursday’s scores and highlights (75)
- Baseball is dying, you guys, because no one would recognize Mike Trout in a bar (74)