Sorting through potential Dodgers bidders
Posted on: January 23, 2012 2:44 pm
By Matt Snyder
With the wildly unpopular Frank McCourt headed out the door, the Los Angeles Dodgers are for sale. Bids are actually due Monday and McCourt has agreed to make a decision by April 1.
Via Bill Shaikin of the Los Angeles Times, here is a list of the prospective bidders:
Magic Johnson/Stan Kasten: Kasten has been president of the Braves and is the Nationals' current president. And we all know what Magic means to L.A.
Joe Torre/Rick Caruso: The former Dodgers manager and current vice president of the MLB heads up the group.
Steven Cohen/Arn Tellem: Cohen, a hedge fund manager, is one of the richest men in America while Tellem is a high-profile agent.
Mark Cuban: The Dallas Mavericks owner finally got his championship last NBA season, so maybe it's time to get an MLB team? Note that he's tried in the past -- most famously with the Cubs -- to buy a team. It's just that past reports have indicated Bud Selig and several other owners don't want Cuban to join their club.
Tom Barrack: Shaikin reports Barrack has owned a japanese baseball team and a french soccer team in the past.
Ron Burkle: While he can't match Cohen, Burkle is also a member of the Forbes 400, sporting an estimated net worth of $3.2 billion. He's a part owner of the NHL's Pittsburgh Penguins.
Stanley Gold/Disney family: Gold is the president and CEO of Disney's private investment company. The Disney name doesn't really need any further explanation.
Peter O'Malley: The former Dodgers owner apparently wants back in.
Tony Ressler: He's an investor and minority owner of the Brewers.
Dennis Gilbert: The former agent lost out on the bidding for the Rangers.
Alan Casden: He's a self-made real estate developer in Beverly Hills, so that seems like a good fit. Shaikin reports, however, that "MLB wasn't comfortable" with Casden last time he placed a bid on the club.
Tom Golisano: He used to own the Buffalo Sabres of the NHL.
Fred Claire: He was the GM of the Dodgers from 1987-1998.
Steve Garvey/Orel Hershiser: Baseball fans are obviously familiar with the Dodgers connection here.
Fox or Time Warner: We know the TV money is big, but Shaikin reports neither group really wants the team -- they just don't want the other side to buy the team. So each might bid. Try untangling that web of logic.
The Field: The bidding process is not public, so it wouldn't be a total shock of the eventual Dodgers owner was a group or person not on this list.
While it's hard to tell how this entire process will shake out, it has to be a relief to Major League Baseball and Dodgers fans that the next owner is simply going to be ABFM (Anyone But Frank McCourt).
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Tags: Alan Casden, Arn Tellem, Dennis Gilbert, Disney, Dodgers, Dodgers ownership bid, Frank McCourt, Fred Claire, Joe Torre, Magic Johnson, Mark Cuban, Matt Snyder, NL West, Orel Hershiser, Peter O'Malley, Rick Caruso, Ron Burkle, Stan Kasten, Stanley Gold, Steven Cohen, Steven Garvey, Tom Barrack, Tom Golisano, Tony Ressler