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.
Dec 17, 2014, 11:35 PM EST
According to CBS Sports’ Jon Heyman, the Orioles, Reds, and Mariners are among the possible landing spots for the 32-year-old free agent corner outfielder.
Dec 17, 2014, 10:18 PM EST
Jeff Samardzija, former Cubs starter and recent White Sox trade acquisition, was welcomed back to the Windy City prior to Tuesday night’s NHL game between the Chicago Blackhawks and visiting Minnesota Wild …
Dec 17, 2014, 9:24 PM EST
David Hernandez looked like a non-tender candidate after undergoing Tommy John reconstructive elbow surgery in April, but the Diamondbacks decided to keep him around …
Dec 17, 2014, 8:10 PM EST
Ken Rosenthal of FOX Sports reports that the Marlins, Braves, and Giants have all expressed interest in free agent starter Jake Peavy …
Dec 17, 2014, 7:02 PM EST
From CBS Sports’ Jon Heyman comes word that the Royals have agreed to terms on a two-year, $20 million free agent contract with Edinson Volquez.
Dec 17, 2014, 6:16 PM EST
A three-team, 11-player trade has been agreed upon between the Rays, Padres, and Nationals. It centers around outfielder Wil Myers.
Dec 17, 2014, 5:08 PM EST
He is expected to be able to resume baseball activities before Spring Training begins.
Dec 17, 2014, 4:16 PM EST
One-time Red Sox prospect trying to snag a bench gig.
Dec 17, 2014, 4:05 PM EST
If you don’t love Pedro Martinez there is no helping you.
Dec 17, 2014, 2:51 PM EST
Sticking together after seven seasons.
Dec 17, 2014, 2:31 PM EST
The pitcher denies there were issues. But now he’s off to Boston, so I guess it doesn’t matter.
Dec 17, 2014, 2:01 PM EST
Wil Myers’ replacement in Tampa Bay?
Dec 17, 2014, 12:53 PM EST
And if it blows up, it could impact the Jimmy Rollins trade too.
Dec 17, 2014, 12:30 PM EST
The Sox are getting themselves a handy reliever.
Dec 17, 2014, 12:12 PM EST
Seattle is looking for right-handed bats.
Dec 17, 2014, 11:53 AM EST
Right team, even if he picked the wrong position.
Dec 17, 2014, 11:15 AM EST
They’re getting lots of calls on him, though.
Dec 17, 2014, 11:10 AM EST
It appears as though it’ll only be a two-team trade, with Myers heading to San Diego.
Dec 17, 2014, 10:03 AM EST
Which could have some baseball implications
Dec 17, 2014, 9:46 AM EST
But he could start the home opener
- Royals sign Edinson Volquez for two years, $20 million 25
- Rays, Padres, Nationals agree to 11-player trade 80
- Sergio Romo re-signs with the Giants for $15 million 14
- So, apparently we’re sweating the Matt Kemp physical now 46
- The United States will seek to normalize relations with Cuba 143
- Marlins complete Michael Morse deal: two years, $16 million 19
- Padres, Rays, Mariners discussing trade involving Wil Myers 36
- It is perfectly clear that A-Rod is the Yankees’ DH. At best. So there will be no drama, right? 37
- Baseball’s highest-ranking Hispanic woman employee sues for discrimination (163)
- The United States will seek to normalize relations with Cuba (143)
- Cubs, Red Sox, Dodgers, Padres, Rangers, and Astros interested in Phillies’ Cole Hamels (110)
- Done Deal: Yoenis Cespedes and two players traded to Detroit for Rick Porcello and a minor leaguer (105)
- Chase Headley signs a four-year deal with the Yankees worth at least $52 million. (95)