Numerous bids are in for sale of Dodgers
mlb.com /1-25-12
Initial bids were due Monday and the sale is expected to be completed by April 30. The Los Angeles Times, citing a source, said more than 10 groups submitted bids. Among the announced and rumored bidders for the club are:
broadcasters FOX, Time Warner and Comcast;
former owner Peter O'Malley;
Shamrock Holdings president Stanley Gold;
former manager Joe Torre, developer Rick Caruso and Byron Trott of BDT Capital;
Mark Walter from Guggenheim Partners with Magic Johnson and Stan Kasten;
Dennis Gilbert and Imperial Capital;
Steven Cohen from SAC Capital Advisors with agent Arn Tellem;
Dallas Mavericks owner and investor Mark Cuban;
Paychex founder Tom Golisano;
Ares Capital co-founder Tony Ressler;
Tom Barrack of real-estate developer Colony Capital and real-estate investor Alan Casden;
Natural Balance Pet Food president Jerry Herrick with Steve Garvey and Orel Hershiser;
former club executive Fred Claire with Bay Area consultant Andy Dolich.
The Times reported that Stan Kroenke, who owns the NFL's St. Louis Rams, the NBA's Denver Nuggets and the NHL's Colorado Avalanche, submitted a bid.
The Wall Street Journal on Monday reported that Leo Hindery, the former chief executive officer of the Yankees' YES Network, submitted a bid with Marc Utay.
MORE: http://mlb.mlb.com/news/article.jsp?ymd=20120125&content_id=26461522&vkey=news_mlb&c_id=mlb
Speculation has the auction bringing an MLB-record sale price of $1.5 billion or more, according to the article.
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