Mar 14, 2012, 8:51 AM EST
Major League Baseball keeps weeding out bidders for the Dodgers and now we are down to four, reports the L.A. Times:
- The Stan Kasten-Magic Johnson group;
- Hedge fund billionaire Steven Cohen;
- St. Louis Rams owner Stan Kroenke; and
- Memphis Grizzlies owner Michael Heisley and a financier named Tony Ressler, who is also a minority investor in the Milwaukee Brewers.
True fact: Steven Cohen’s real first name on his birth certificate is “Hedge Fund billionaire.” His parents truly believed in destiny, and in his case it worked.
Anyway, all of these bids have been reported to be seriously moneyed (i.e. not overly-leveraged like Frank McCourt), with some of them having close to a billion dollars in cash alone, with overall bids ranging between $1.3 and $1.6 billion, which would make the Dodgers the largest sports franchise sale in history.
Imagine what they’d be worth if Frank McCourt hadn’t chopped them into little pieces and drove the brand into the ground.
- Media paying for athlete interviews? Not likely. But watch this stuff closely anyway. 8
- Rockies acquire Brett Anderson from A’s 12
- D’backs, Angels, White Sox agree to three-team Mark Trumbo deal 64
- Ranking MLB managers by . . . handsomeness 81
- Curtis Granderson: “A lot of people have told me real New Yorkers are Mets fans” 61
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Robinson Cano “didn’t want to play” for Joe Girardi (110)