Mar 14, 2012, 8:51 AM EDT
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.
- Cubs expected to call up Javier Baez on September 1 2
- Settling the Score: Saturday’s results 7
- A fan died at Turner Field after falling from the upper deck 38
- Mets acquire Addison Reed from the Diamondbacks 10
- Vin Scully says 2016 will be his last season of broadcasting 28
- Edwin Encarnacion slugs three home runs as Blue Jays thrash Tigers 18
- Mark Teixeira says he’s having “serious pain” when he tries to run 14
- Settling the Score: Friday’s results 23
- Sarah Palin sticks up for Curt Schilling, tells ESPN to “stick to sports” (264)
- Dan Patrick: When does ESPN cut ties with Curt Schilling? (200)
- Curt Schilling taken off of Little League World Series duty for making a really bad tweet (170)
- Curt Schilling taken off of ESPN’s Sunday Night Baseball telecast this week (134)
- Phillies announcer calls Mets fans “obnoxious” (123)