Showing posts with label sale. Show all posts
Showing posts with label sale. Show all posts

Monday, January 23, 2012

At least 10 billionaires submit inital bids to buy the Dodgers

Bill Shaikin of the L.A. Times has the first story on at least 10 billionaires who submit opening bids to buy the Dodgers today.

The names revealed include Magic Johnson (and Stan Kasten), Mark Cuban, Joe Torre (and Rick Caruso), Steven Cohen, Peter O'Malley, Stanley Gold (and Disney) and Dennis Gilbert.

Two new bidders came to the forefront today: St. Louis Rams' owner Stan Kroenke, who is decided whether to place a bid, and New York investors Leo Hindery and Marc Utay, who attempted to buy the Chicago Cubs two years ago.

Kroenke recently purchased the Rams and there is speculation he might attempt to move the team back to Los Angeles after the 2014 season.

Update (9:11 p.m., Jan. 23): Molly Knight of ESPN the Magazine confirmed the group led by Orel Hershiser and Steve Garvey also submitted a bid today.

She also wonders about a man worth more than $7 billion -- Los Angeles' Patrick Soon-Shiong. He bought Johnson's minority stake with the Los Angeles Lakers in 2010.

Today's deadline was a soft one and, as Ramona Shelburne of ESPN LA tweeted last night, the bids can change and the bidders have no obligation to follow through on the bids.

The sale price is expected to be upward of $1.5 billion.

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Jared Massey of L.A. Dodger Report has a look at Angelo Songco, who was No. 13 on his Top 20 Dodgers' prospect list.

Mike Petriello of Mike Scioscia's Tragic Illness just wants a team to sign Prince Fielder, even if it isn't the Dodgers.

Brandon Lennox of True Blue L.A. has finished the first half of his 200-prospect countdown.