The Los Angeles Dodgers ownership is committed to putting money into short-term maintenance at Dodger Stadium this offseason, but a long-term plan is still in the works. No surprise: Mark Walters, Stan Kasten and crew haven’t actually owned the ballpark for too long, and ballpark guru Janet Marie Smith has only been with the team […]
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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 […]