Tag:Dinsey
Posted on: January 8, 2012 1:19 pm
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Report: Disney family to bid on Dodgers

By C. Trent Rosecrans

The Walt Disney Company used to own the Angels, now the Disney family wants to own the Dodgers.

The family of the late Walt Disney has partnered with Stanley Gold in an attempt to buy the Dodgers, Bill Shaikin of the Los Angeles Times reports.

Roy Disney, nephew of Walt Disney, would own the team as a private investment, not connected to the Walt Disney Co. Gold is the chairman of Burbank-based Shamrock Holdings. Gold and Roy Disney made a public push to out Michael Eisner as the chief executive of the Walt Disney Co.  in 2004.

The Walt Disney Company sold the Angels to Arte Moreno for $180 million in 2003.

While Frank McCourt made a mess out of the Dodgers, the number of groups lining up to bid on the team seems to assure McCourt will make a tidy profit out of his 2004 purchase of the Dodgers. McCourt bought the team for $430 million from NewsCorp and the sale price will likely top $1 billion -- with some estimates reaching $1.6 billion. Other groups of bidders include Magic Johnson, Joe Torre and Peter O'Malley, while Mark Cuban could also get involved.

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