The new owners of the Los Angeles Dodgers took control of the franchise and Dodger Stadium today, ending Frank McCourt’s tumultuous term as owner of the flagship franchise. The sale became final today after Guggenheim Baseball wired a final payment to McCourt. A press conference is expected tomorrow, with Magic Johnson and Stan Kasten serving […]
Tag Archives | dodger stadium
Angels eying return to Los Angeles?
Is Arte Moreno looking at a move of the Los Angeles Angels of Anaheim back into L.A. proper? Apparently so. The Los Angeles Times is reporting that Angels owner Moreno has been engaged in some early discussions with AEG about the potential of building a new ballpark in downtown Los Angeles. Timing is of the […]
O’Malleys may make run at Padres
Not a bad consolation prize: Peter O’Malley says he and his family are considering making a bid for the San Diego Padres, put back on the market by John Moores. The O’Malley family has deep roots in baseball: Walter O’Malley moved the Brooklyn Dodgers to Los Angeles and built Dodger Stadium; Peter O’Malley ran the […]
The Week That Was: April 15
Fenway Park and Dodger Stadium anniversaries, naming rights and indy-league comings and goings made news this week in the baseball world. Here are the most popular stories of the past week on Ballpark Digest, as measured in page views. Red Sox mark Fenway Park’s 100th anniversary with ballpark events Fielders launch shocker: no 2012 season […]
Court approves Dodgers sale
Over objections from Major League Baseball, U.S. Bankruptcy Court Judge Kevin Gross approved the sale of the Los Angeles Dodgers, Dodger Stadium and other assets to Guggenheim Baseball Management for $2.15 billion. The objections to the sale rose from inconsistencies between the sales agreement and MLB rules, according to MLB attorney Thomas Lauria, who added that […]
Time Warner mulling stake in Dodgers?
Time Warner is reportedly looking at investing in the Los Angeles Dodgers to gain a competitive advantage in landing the team’s television rights. Dow Jones is reporting that the move would be made to nullify a small advantage Fox Sports has in retaining the team’s television rights: Fox’s current deal with the team gives it […]
After big Opening Day, small crowd at Dodger Stadium
You’ll see a lot of stories like this through the season if you’re a Dodgers fan: the size of the crowd was a secondary concern to the actual game being played at Dodger Stadium. No doubt the Los Angeles Dodgers will be one of the most scrutinized teams in baseball this season, as pundits attempt […]
Dodgers sale expected to be approved Friday
Absent any major opposition from MLB and Fox Sports — save some minor requests for clarification — the sale of the Los Angeles Dodgers and Dodger Stadium should be approved on Friday. U.S. Bankruptcy Judge Kevin Gross is scheduled to review the final disposition of the sale of the team, the ballpark and associated assets […]
Dodgers to mark 50th anniversary of Dodger Stadium in tonight’s season opener
Fresh off a tumultuous offseason, the Los Angeles Dodgers are hoping tonight’s 50th anniversary of the opening of Dodger Stadium will give the troubled franchise a fresh start. The Dodgers first played at Dodger Stadium on Tuesday, April 10, 1962, 50 years to the day before Opening Day 2012, against the Cincinnati Reds. Along with […]
McCourt’s profit on Dodgers ownership: a cool billion
After the dust settles on the $2-billion sale of the Los Angeles Dodgers and Dodger Stadium, it looks like Frank McCourt could walk away from the deal with a cool billion-dollar profit. The math is pretty simple. Guggenheim Baseball Management LLC is paying $1.6 billion for the franchise and the ballpark and paying $400 million […]
Reax to Dodgers sale to Magic Johnson group
The $2 billion sale of the Los Angeles Dodgers and Dodger Stadium to a group that includes Magic Johnson and Stan Kasten is causing shockwaves in the baseball community. Here’s a roundup of notable reactions. The Dodgers, Dodger Stadium and the land surrounding the ballpark will be purchased from Frank McCourt by Guggenheim Baseball Management […]
Kasten, Johnson group to buy Dodgers, Dodger Stadium for $2 billion
In a stunning financial transaction, an investment group led by Earvin Johnson and Stan Kasten, funded by Guggenheim Partners, have agreed to buy the Los Angeles Dodgers and Dodger Stadium for $2 billion. The deal was finalized just hours after Major League Baseball owners approved three potential buyers of the team and the storied ballpark. […]
Dodgers sale enters final stretch
Major League Baseball owners approved three groups bidding for the Los Angeles Dodgers and Dodger Stadium, with owner Frank McCourt hoping for a billion-plus sale price. It’s been a couple of busy months for McCourt’s legal team, as he works to sell the Dodger assets before the end of the month. During the process several […]