Three groups, including one led by former Los Angeles Dodgers owner Peter O’Malley, have been approved to further negotiate a purchase of the San Diego Padres from John Moores. Moores had a deal to sell the Padres to Jeff Moorad for $530 million, but the deal collapsed after former agent Moorad failed to garner enough […]
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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 […]
Seven groups still in running for Dodgers
Seven groups remain in the running to land the Los Angeles Dodgers and Dodger Stadium, as two groups were eliminated from the proceedings. The Los Angeles Times has a summary of the groups remaining: Of the nine parties still in contention last week, the two eliminated Monday were Michael Heisley, owner of the NBA’s Memphis […]