Mar 14, 2012, 10:02 PM EST
From USA Today’s Bob Nightengale comes this intriguing update on the looming sale of the Los Angeles Dodgers:
Hedge-fund billionaire Steve Cohen emerged Wednesday as the strongest bidder to purchase the Dodgers, and plans to hire Tony La Russa to a key front-office position, according to two Major League Baseball officials familiar with the process but unauthorized to speak publicly.
La Russa has been looking to get back into baseball in a non-managing capacity since retiring from the Cardinals after winning the 2011 World Series. He has turned down a number of cushy job offers, including one from Major League Baseball to fill the executive role that was recently vacated by Joe Torre.
And now we probably know why La Russa is keeping his schedule so wide open.
Cohen, who founded Capital Advisors and is worth $8.3 billion according to Fortune Magazine, reportedly bid $1.6 billion for rights to the Dodgers. There are three other potential ownership groups still in the running, including one headed by Magic Johnson and veteran MLB and NBA executive Stan Kasten.
UPDATE, 10:04 PM: Bill Shaikin of the Los Angeles Times is hearing that La Russa would be put in charge of baseball operations with longtime sports agent Arn Tellem serving as team president.
- Rob Manfred, new Major League Baseball commissioner, suggests ban on defensive shifts 63
- Yankees reject A-Rod’s apology attempt 28
- Joe Posnanski: Remembering ‘Mr. Cub,’ Ernie Banks 16
- What they’re saying about the passing of Cubs legend Ernie Banks 7
- Alex Rodriguez recently met with incoming MLB commissioner Rob Manfred 15
- Ernie Banks, one of baseball’s greatest players and greatest ambassadors has died at age 83 75
- Sean Doolittle has a “slight” rotator cuff tear, won’t be ready for Opening Day 4
- Ryan Vogelsong re-signs with Giants after flirting with Astros 17
- Bud Selig: The Greatest Commissioner in the History of Baseball (144)
- Max Scherzer’s seven-year deal with Nationals worth $210 million (119)
- Comments of the Day: some of you guys aren’t big Bud Selig fans (77)
- The 2015 Braves have “gravitas” and “veteran leadership” and will have dirty uniforms. Just kill me now. (76)
- Ernie Banks, one of baseball’s greatest players and greatest ambassadors has died at age 83 (75)