I’ve told you from jump that Mark Cuban would never own the Dodgers and now that prophecy has come to pass.
I knew that Mark Cuban was not ever going to pay more than $1.2 billion for the Dodgers, which Blackstone Advisory Partners has evidently established as the minimum bid the Dodgers would be sold for. I always told you that!
Also gone is Dennis Gilbert and his group, as well as Garvey & Hershiser, who were always pretenders – they never had the capital!
According to Tony Jackson of ESPN/LosAngeles, the herd has been thinned:
Though Blackstone and sources close to McCourt have remained tightlipped throughout the process, ESPNLosAngeles.com has identified, through conversations with various sources, five groups which are known to have advanced:
• The group headed by Los Angeles Lakers legend Magic Johnson and largely funded by Guggenheim Partners chief executive officer Mark Walter.
• The group headed by Steve Cohen, the billionaire hedge fund manager and founder of SAC Capital Advisors in Stamford, Conn.
• The group headed by Los Angeles real estate developer Rick Caruso, a group that also includes former Dodgers manager Joe Torre.
• The group headed by Stanley Gold, the chief executive officer of Shamrock Holdings, a private investment company founded by the late Roy E. Disney, with several of Disney’s surviving family members also involved in that group.
• The group headed by former Dodgers owner Peter O’Malley, which reportedly has discussed joining the Gold/Disney group but thus far hasn’t done so.
Since Frank has the final say-so on who the team is sold to, I can safely say that Rick Caruso & Joe Torre won’t own the team unless they really bid a lot more than anyone else.
My guess is that it will be narrowed down to the Big Three, which will be as follows:
- O’Malley & Gold (who will team up)
The Wild Cards will be Time Warner and Fox who could supply significant financing to any of the groups. The front runner has to Cohen and if one of the Cable Networks were to ally themselves with him, it would be all over.
P.S. The vitriol continues. A few weeks ago I wrote a blog in jest about Hiroki Kuroda (whom I really like and still have his autographed baseball in a place of promimence in my office) . I was blasted and the blasting continues. My wife who is Asian (not born in the USA) advised me that I should not joke about Asians (and liberals for that matter) - “they don’t understand those kinds of jokes. They can rag on you and joke about you and say what a sleasy slimy while guy you are, but don’t even say anything in jest about them.” Sadly, she was right. My advice to the ones who rag on me: Say it to my face when you see me, if you have the balls. You are painting me in a totally false light and I don’t take kindly to that. I won’t write much about it… I’ll just say that the guys who write this have a real double standard. They can do it, but I can’t. It would be wise for them to stay away from me.