Three Weeks Left in the Ownership Race: Cohen, Kroenke, & Magic In the Lead?

For something that is so monumentally important to the future of this franchise, it’s strange to admit that the ownership bidding process seems like it’s almost flying under the radar lately. Frank McCourt has exactly three weeks from today to select his buyer, yet the only news we’ve heard since the Joe Torre & Peter O’Malley groups dropped out in late February was that Michael Heisley & Tony Ressler were joining forces to get back in, pushing the number of groups back up to eight before Jared Kushner’s departure this week dropped it back to seven. Right now, we’re waiting for MLB to complete their vetting process in order to grant approval to final bidders, which is expected to progress this week as groups have in-person interviews with MLB in Phoenix.

Now, we’ve all had our favorites, but what we haven’t heard is any indication of who might be out in front. For the first time, Bill Shaikin drops a hint:

Cohen is widely considered one of three favorites to buy the team, along with St. Louis Rams owner Stan Kroenke and a group led by Magic Johnson and veteran baseball executive Stan Kasten.

Shaikin doesn’t provide any sources or indication why that might be the case, and usually I’d find that sort of thing problematic; however, Shaikin’s reporting on this entire saga has been so rock-solid that he could put out an unsourced report that Miley Cyrus & Snooki were teaming up to buy the club and I’d probably believe it.

If this is true, I find that group of three kind of fascinating, because there’s definitely a “hot, medium, cold” delineation between them. I’ve been pretty apprehensive about Cohen since the first time we talked about him, arguing that a hedge fund guy under investigation from the SEC who’s had his own nightmare divorce which stretched over two decades isn’t exactly the ideal owner to follow up Frank McCourt. Besides, while it doesn’t bother me so much, I know the idea of another East Coast import (a Mets fan and recent buyer of a minority share in the club, Cohen currently lives in Connecticut) who has reportedly never even been to Dodger Stadium won’t sit well with any of us. Of course, it’s not us making the decisions, it’s McCourt, and it’s hard to argue that Cohen isn’t going to have the largest net worth of any bidder (if not necessarily the largest bid).

This morning at Forbes, Mike Ozanian calls Cohen “baseball’s most important man”, arguing that his influx of cash into the Mets and his interest in the Dodgers has to weigh on Bud Selig’s decisions in trying to resuscitate two of his largest and most embarrassing team failures:

The most important man in Major League Baseball right now is Steve Cohen. The hedge fund titan is the man MLB commissioner Bud Selig is genuflecting in front of, praying Cohen will bail him out for permitting the bankrupt Los Angeles Dodgers and cash-strapped New York Mets to pile insane amounts of debt onto their balance sheets.

Over the past two months, as Fred Wilpon and Saul Katz have been slashing their team’s payroll and looking for nickels and dimes under every nook and cranny, the only only investor not affiliated with Mets that has offered to help keep the team afloat has been Cohen, offering $20 million for a 4% stake. The Mets are praying that their season ticket sales will look good enough by the end of April that they can restructure $430 million of debt due in two years. If not, I, and at least two sports bankers familiar with the team’s I have spoken with, believe it is quite possible the Mets will follow the Dodgers into Chapter 11. But at least Cohen is offering the Mets a temporary lifeline. Selig owes Cohen one for that.

During the next few weeks Cohen is also going to set the bar on the sale price for Frank McCourt’s Dodgers. In doing so, Cohen is will be sending a signal on the value of many of the new local television deals struck recently. The Texas Rangers, Los Angeles Angels and San Diego Padres (pending) have received equity stakes in regional sports networks as part of their new media deals. Several other teams, like the Chicago Cubs, are likely to do the same thing over the next couple of years. Cohen’s bid for the Dodgers, which is largely based on what he thinks the value of the team’s next media deal, beginning in 2014, is worth, is going to influence the value of a lot of RSNs.

Other than St. Louis Rams owner Steve Kroenke, Cohen is the only person currently bidding for the Dodgers with the cash to pay over $1 billion for the team. There are several bidders offering $1.5 billion for the Dodgers. But who has the cash? Remember how quickly Rick Caruso bailed? That wasn’t about the parking lots not being included, as Carouso so meekly claimed. It was about cash. MLB kicked out Jared Kushner because he didn’t have the cash either. He wanted to buy the Dodgers with too much debt.

First and foremost, good on MLB for not repeating their McCourt mistake with Kushner. (And if true, it’s insane to me that Kushner would have even bothered.) Of course, if Selig really does want Cohen and his massive financial power to rescue a team so badly, why not just let him keep buying up shares of his hometown Mets? It’s not like the Dodgers don’t have other parties interested, and the Mets are arguably a bigger concern than the Dodgers are right now.

Then there’s Kroenke, who has some appeal. He’s clearly got a ton of experience in sports ownership, having owned parts or all of the St. Louis Rams, English soccer club Arsenal, and basically every professional Colorado sports club that isn’t the Rockies or Broncos, including the Nuggets (NBA), Avalanche (NHL), Mammoth (NLL), Rapids (MLS), and Crush (AFL). Beyond the teams themselves, his groups own the Pepsi Center in Denver and launched Altitude (a regional sports network which carries his Colorado teams) & TicketHorse, a ticketing agency for all of his teams.

In this 2010 ESPN report regarding Kroenke’s move to obtain majority control of the Rams (he’d been a minority owner since the team moved from Los Angeles in 1995), he received high grades for his behind-the-scenes style of management:

Kroenke marked the occasion by making a rare appearance before the media. He has steadfastly maintained a low profile as minority owner of the Rams, earning the nickname Silent Stanley.

“I just have a really busy life,” he said. “I like the members of the press. I really do. I almost went to journalism school. I just don’t have the time. It takes a lot of time to build those relationships, to nurture them.”

He scoffed as his reputation for being publicity shy.

“I’m not trying to offend anyone,” Kroenke said. “I know there’s this wonderful little picture of Silent Stan. I guess it makes good copy. But it just isn’t so.”

(snip)

He plans to run the Rams with the same behind-the-scenes style he had as minority owner. But there will be no mistake who’s the boss.

“I don’t think it’s a mystery the way we’re running our other clubs,” Kroenke said. “I like to know what’s going on; I like to be involved. But the No. 1 thing is finding the right people, putting them in place and trying to help them out.”

So there’s little question that Kroenke is a tremendously wealthy man (estimated net worth of over $3b) with a great history of sports ownership and a new RSN under his belt, with few public black marks against him. Though he’s a Missouri native, Kroenke even owns a house in Malibu, at least three wineries in California, and his daughter Whitney lives in Los Angeles, so he’s not completely without local ties; this 2007 Denver Post story paints him as a voracious reader and sometimes outdoorsman who is conscious of his health.

The big question, though, is what is Kroenke’s ultimate goal? Is it simply to own a baseball team, considering that it’s basically the only sport he hasn’t had ownership ties in? Is it because he sees the Dodgers as a good investment opportunity? Or is it, as many have suggested, because the NFL potentially returning to Los Angeles is always a hot topic, and he just so happens to own an NFL team that used to play in Los Angeles, just hired former USC player Jeff Fisher to coach, & is currently engaged in a stadium battle with St. Louis that could allow them to move as soon as after the 2014 season?

I’m not quite sure that’s the case, because it’s a little hard to imagine a man who tried (unsuccessfully) to bring football to St. Louis in 1993 and then helped bring the Rams there in 1995 turning around and tearing them out of his home state; he seems somewhat less ruthless, at least publicly, than some of the other billionaires we’ve discussed. If it is his goal to increase the value of the Rams by moving them back to Los Angeles, I don’t mind that in theory, because I think we all know the area is getting an NFL team at some point, and it might as well be a team that already had history there.

I would just worry about the idea of the Dodgers being purchased as a secondary concern towards getting the NFL to LA, and even moreso about where they’d play. I’m sure you all are far more up to date than I am on the various plans and locations put forward for potential football stadiums to house an NFL team (or two), and so it wouldn’t really matter to me which of those the Rams might end up in. But the terrifying part of all that would be if Kroenke would want to build a park in the parking lot of Dodger Stadium… parking lots which Frank McCourt is likely to retain, which could then have Kroenke needing to partner with McCourt in some fashion if he’s unable to buy the lots outright. I’ve liked Kroenke more than I did previously just by writing this piece today, but the idea of anyone who thinks it’s a smart decision to partner with the outgoing scumbag raises a huge red flag. It remains to be seen, of course, if that would be the case.

Last but not least on Shaikin’s list of three front-runners is the Magic Johnson group, which I think many of us have favored since day one. How could you not? Magic is a local hero with obvious sports credentials, even owning part of the successful Dayton Dragons minor league club in addition to his years of service with the Lakers. He’d be one of the few minorities at the ownership level in sports, and he’s partnered with the right people, since Stan Kasten has been in baseball for decades and Mark Walter is the head of the massively wealthy Guggenheim Partners. I’ve yet to see any real downside to this group, and they’re still my preferred selection. The only outstanding question for me here is what will happen with Dr. Patrick Soon-Shiong, the richest man in Los Angeles and a part-owner of the Lakers, who was “absolutely certain” to take part in the bidding, according to reps a few weeks ago. Soon-Shiong is friends with Johnson, but has yet to throw his weight behind any bidding group; his financial muscle combined with the public- and MLB-friendly Johnson/Kasten duo could make this group the one to beat.

******

Today’s lineup for the 12:05pm PT matinee against the Cubs, which will be broadcast live on Prime Ticket and replayed tonight on MLB Network:

Tony Gwynn (DH), Mark Ellis (2B), James Loney (1B), Jerry Sands (LF), Juan Uribe (3B), Trent Oeltjen (RF), Tim Federowicz (C), Justin Sellers (SS), Matt Angle (CF), with Ted Lilly attempting to rebound from his poor first outing.

They’ll be followed by this list of backups: Ivan De Jesus, Alex Castellanos, Jeff Baisley, Cory Sullivan, Josh Fields, Scott Van Slyke, Gorman Erickson, and Luis Cruz.

68 comments
Joe
Joe

Per Bill Shaikin, L.A. billionaire Alan Casden has been rejected by MLB for some reason, so the bidding is down to six groups. Those six are all in Phoenix meeting with MLB today and tomorrow, except for Magic, who apparently had a scheduling conflict. (Shaikin says Kasten and Walter are there.) As for Cohen, he has at least two major unresolved problems: (1.) the divorce case his wife is pressing to reopen, and (2.) he was sent a "target letter" which named him as being under federal investigation for securities-related crimes. Between those two things and the facts he's never been to Dodger Stadium and hasn't given a media interview in about a decade, it's hard to see him as an attractive owner. With people like Barrack/Hindery, Kroenke, and Magic/Kasten, I'll take a pass on Cohen.

Dave Pomerantz
Dave Pomerantz

Off topic again, but I'd like to spend a moment bragging more about my awesome spring training trip. Look, we're on TV! From left to right, MSTI commenters Justin Drummond, Ryan Elliott/crushinator, yours truly, half of Fedex (who's a really nice guy with ridiculously large hands). https://fbcdn-sphotos-a.akamaihd.net/hphotos-ak-ash4/p480x480/418008_3353117182730_1112931338_3328815_584809493_n.jpg

Jeff
Jeff

Good God man, it's 2012! You took a picture of your TV?!

Dave Pomerantz
Dave Pomerantz

No, a friend took a picture of his TV and texted it to me.

Jeff
Jeff

Oh. Well, that's, uh. . . completely different?

NJ-Dodger-fan
NJ-Dodger-fan

The only group I feel comfortable about is Magic's group. Cohen is a shady character who only cares about Land Development, i can't trust Kroenke knowing about his ownership of the Rams. I will not see my Dodgers play second fiddle to some NFL team, no matter how popular it claims to be.

Joe
Joe

This is exactly the type of odd attitude I've discussed above. No one knows what Cohen's plans are vs. Magic's plans, or Kroenke's plans vs. Barrack/Hindery's plans. Magic Johnson will be, at best, a figurehead with the Dodgers, while Mark Walter isn't a billionaire and is probably using money from his investment fund. If anyone here believes some investment fund will care more about winning than the bottom line, please contact me regarding some oceanfront property in Arizona I'm trying to sell. I can't believe the Dodgers are finally on the verge of escaping from a cash-poor owner, and most fans are rooting for the group that might be the POOREST of the seven remaining bidders. It's bizarre.

Dave Pomerantz
Dave Pomerantz

Joe, I thin most people who are behind the Magic/Kasten group are assuming Dr. Soon-Shiong will be joining them, which would immediately make them by far the most cash-rich group in the hunt. You haven't addressed that possibility at all - are you ignoring it because it hasn't happened yet, and therefore might not, or because it doesn't fit your narrative of that group? Assuming Soon-Shiong joins, this group would have the most cash, the most community good will (like it or not, that IS important), and the most baseball operations experience of the groups remaining.

Dave Pomerantz
Dave Pomerantz

I appreciate your compliment, that I'm normally level headed, and I feel I'm being the same here. I was using the term "buddies" pejoratively, to connote a distaste for the business relationship between the two parties. As for my house of cards statement, maybe I worded it a little stronger, but there's a number of vague claims against the guy. If it was one or two innuendos of wrongdoing, maybe I could look past it, but there's just too much. Where there's this much smoke, there's usually fire. Even then, I could probably look past it if all of the other bidders were underfunded or had more glaring issues (like the Astros' Jim Crane and his war profiteering and serious employment discrimination), but that's not the case here, where there's at least 5 impressive, well funded bids (details on that statement here: http://www.forbes.com/sites/mikeozanian/2012/03/12/baseballs-owners-impressed-with-five-bids-for-dodgers-as-magic-johnson-leads-way-with-1-6-billion-offer/?utm_source=alertsnewpost&utm_medium=email&utm_campaign=20120312). Anyway, those are the reasons I don't want Cohen. Maybe I'm being unfair to him, but that's my prerogative - it's not like I have any say in the deal.

a
a

in my long comment above

a
a

these managers should be any manager

a
a

On many days I come here to see laughable comments about Cohen. Mike started it off months ago by making clever but irrelevant comments about Cohen's looks. Then we have the Dude who calls Cohen a murderer and stock manipulator without any evidence linked not even the name of the particular pharmaceutical company or the name of its drug Cohen is claimed by this Dude to have influenced the FDA first against and later for. As far as his divorce, his first wife claims, perhaps truly, that his total net worth was not made known to her at the time of the divorce and has devoted her life to trying to find a way of getting the matter re-opened. Please be aware she gets, I venture, more each year than the highest net worth of any of, what Mike has taken to referring to as, us. Now, we get this from normally level-headed commenter Dave Pomerantz: "I do NOT want Cohen, no matter how much cash he has, because I suspect his wealth is a house of cards that could come tumbling down, like his buddies the Wilpons." I do not know how Dave knows these people are buddies but it's the first I've heard of it. The Wilpons offered to sell 5% stakes in the Mets for $25 million and invited some including Cohen to help them out in this way. This is not my definition of buddy. Cohen started from an upper middle class family but I have not read that they helped him financially once he started working. He manages his own money plus his clients'; The Wilpons gave their money to Madoff to manage that's why they are in a house of cards situation. Cohen who, compared to where he is, started from pretty much nothing, now has a staff of 180 (iirc) money managers. These people are almost assuredly compensated on their performance. If a handful of them are suspected by the SEC of trading on questionably obtained information, not indicted so far remember, I don't think that is surprising given the culture of Wall Street. It doesn't rise to the level of saying Cohen has a questionable history as Mike says both above and frequently. Cohen's firm has recently instituted new policies that do not permit these managers from speaking to Wall Street analysts at all which I read in this week's Barron's newspaper (iirc). I don't care who gets the Dodgers as long as the ownership has funds that they are willing to spend, for example, like the Lerners in Washington. I know they made a bad deal on Werth but I think it's clear they want to win and will spend the money to do so.

Joe
Joe

Mike - Yes, I'm not a huge Cohen fan, either. As I said elsewhere in this thread, I believe Barrack/Hindery would be the best of the remaining bidders. I also believe Kroenke would be better than both Cohen and Magic/Kasten, if only because Kroenke has deeper pockets and he's not a Selig loyalist.

Mike
Mike

Maybe I'm just specifically finding fault in Cohen, because I believe his background - East Coast guy with a questionable history and a brutal divorce - is just too similar to that of McCourt. If you wanted to argue to say, Barrack, I could see that.

Joe
Joe

I understand the goodwill angle; I just believe it's massively overrated. After McCourt, Pol Pot would get a warm welcome in Los Angeles, so the honeymoon is the least of my concerns. What the Dodgers need is a very rich owner who puts good people in charge. I'm not at all convinced that basketball guy Magic Johnson, Selig loyalist Stan Kasten, and Chicago resident Mark Walter are the most likely to provide those two things for the Dodgers.

Joe
Joe

Dave - The Magic/Walter/Kasten group has seemingly been the media and fan favorite since long before Patrick Soon-Shiong was rumored to be joining the group. I'm not deliberately ignoring Soon-Shiong, but I'm also not going to root for a group based on a possibility. The Dodgers have been for sale since November. If Soon-Shiong wants in, what's taking so long? Beyond that, even with Soon-Shiong, the Magic group would only pull about even with Cohen (net worth $8.3B) and Kroenke (he and his wife are worth $7.5B). Beyond that, the lead financial investor of each remaining group is required to meet TODAY with MLB's Owners Committee and Executive Council in Phoenix, and final bids are due Friday. Unless Soon-Shiong is in but it's been kept a secret, time is running out. I suppose Blackstone and/or MLB could change the rules, but other groups could cry foul if they follow one set of rules and then MLB rigs the process for someone else.

Mike
Mike

Exactly. I don’t disagree with Joe that the need for proper capitalization is supremely important; I just don’t think we can discount the value that a community-friendly face like Magic would have to a fanbase still reeling from McCourt. Cohen may have the most $$$, but he would absolutely not arrive with the same kind of goodwill.

Jon#7#22
Jon#7#22

With the new TV contract whoever wins is gonna have some money to spend, but it is a fair enough thought. It appears they MAY have the least but I think none of us knows for sure. I think the Magic bid may depend up on Dr. Soon-Shiong joining in maybe?

Joe
Joe

From what I can gather, the combined net worth of Barrack/Hindery is about double that of Magic/Walter/Kasten. From there, it becomes an issue of who else is involved with those names. Walter's Guggenheim has over $100 billion under management, while Barrack's Colony Capital has over $40 billion. And then if guys like Patrick Soon-Shiong and Ron Burkle get involved, they could add personal rather than corporate money to the pot. As for Cohen, he's reportedly never been to Dodger Stadium. HUGE pass. At least we know Kroenke is a sports nut.

Dave Pomerantz
Dave Pomerantz

I think we're kinda saying the same things. I do NOT want another cash-poor, debt ridden owner (although even with his lack of cash, McCourt would've been OK had he not robbed the team blind). But the Magic group has the cash - if it's Guggenheim Partners, that's OK, and if it's Soon-Shiong's that's much much better. I do NOT want Cohen, no matter how much cash he has, because I suspect his wealth is a house of cards that could come tumbling down, like his buddies the Wilpons. I'd also have no problem at all with a Barrack/Hindry ownership group, though I really doubt they have much more cash than the Magic/Kasten group.

Joe
Joe

Dave - It seems you're shifting the goalposts a little. By your rationale, the Dodgers should be just fine right now. After all, despite all the animosity and drama surrounding McCourt, the Dodgers have made the playoffs four of the last eight years, which is a much better track record than the last decade of O'Malley and the entirety of the Fox years. But the Dodgers aren't fine, because McCourt was cash-poor all along and it finally caught up with him. Likewise, if the new owner is already at the limits of MLB's debt rule on Day 1 and then needs to spend another $300M to $500M to renovate Dodger Stadium (and possibly won't have control of the land), the owner's wealth becomes very, very important. An extra $150 or $200 million per year for a bump in Major League payroll, debt service, Dodger Stadium renovations, etc., isn't going to come from out of thin air. The numbers only work if the new owner is on EXCELLENT financial footing on Day 1. Again, I'm not trying to be anti-Magic. I just want people to go in with their eyes open. Magic's popularity isn't going to magically add $100 million to the Dodgers' revenue (no pun intended).

Dave Pomerantz
Dave Pomerantz

Who cares what their motivations are? Teams that make the playoffs year in and year out and have a huge national following (like the Dodgers have in the past) make a ton of money. And we'd still have passionate owners at the forefront, in Kasten and Magic, running the operations. Guggenheim would be in the background as long as they were getting a return.

Joe
Joe

Dave, neither Magic nor Mark Walter are billionaires, so there's simply no way they have $1 billion in cash available, unless both have liquidated all of their other holdings and are sinking their entire net worths into their Dodgers bid. More likely, Walter's financial firm is investing a lot of the money, but that changes the narrative from "cares about winning" to "cares about the bottom line." Investment companies don't grow to the size of Guggenheim by investing in passion plays. They're ruthlessly devoted to the bottom line.

Dave Pomerantz
Dave Pomerantz

"As it is, most financial people doubt Magic/Walter/Kasten have $1 billion or more in cold, hard cash available" I haven't seen that info anywhere. Which financial people are you referencing? Can you post a link?

Joe
Joe

No doubt, whoever wins the Dodgers bidding should have a lot more money to spend, between the next TV deal and the end of the de facto fan boycott, but a cash-poor buyer would need to spend a lot of it on renovations to Dodger Stadium while also remaining in compliance with MLB's debt rules. As it is, most financial people doubt Magic/Walter/Kasten have $1 billion or more in cold, hard cash available, which means they'll probably be toeing the line, if not breaking, MLB's new debt rules on Day 1 even if the team sells for "only" $1.5 billion. From there, if Dodger Stadium renovations cost the reported $300 million to $500 million, that could eat up a lot of the new TV money for years to come. I'm not trying to come across as anti-Magic. I just don't want sentimentality and popularity to blind us to the hard realities that got the Dodgers into this mess in the first place. It might be different if the Dodgers had a three-year-old ballpark, but the Dodgers need major expenditures on the field, in the front office, AND at Dodger Stadium.

Real Tom
Real Tom

Fangraphs just released their rankings on Minor League Systems, and it seems that everyone is starting to jump on the "Dodgers' Aint so Screwed After All" wagon. Apparently, all that pitching is impressing some people. I'm used to seeing them ranked 21st-27th. Fangraphs put them at 13th. Didn't you say that Keith Law said something similar this past offseason? That they're still not great, but all that pitching depth is more impressive than previously thought?

GoDodgers
GoDodgers

It was an awful, nonsense ranking. Seriously, Dodgers above the Mariners? Yeah no, we didn't pick #2 overall for 10 years going and don't have better pitching depth than the Ms (Hultzen, Paxton, Walker). And we certainly don't have anyone like Jesus Montero.

Jon#7#22
Jon#7#22

Does Montero count anymore as prospect? He's pretty much a lock to be on the M's 25 man I would think.

GoDodgers
GoDodgers

Technically, yes, and the rankings counted him as a prospect.

Anthony Forkush
Anthony Forkush

Again, this is a media buy for the bidder with the highest bid IN CASH. Nothing has changed since Selig rejected the FOX contract as "devaluing the media rights". Ozanian's article today in Forbes is the sum of it. In addition, I predict Cohen will secure the land as well. The most pertinent detail is how the Dodgers new RSN will alter future regional media contracts. It is also a personal prize, which favors Cohen all the more. Since three million Dodger zombies come through the turnstyles year in and year out, with the fact that this is essentially a two year team contractually, Mr. Cohen and Greenberg's first task will be the completion of the unfinished tiers of Dodger Stadium. The Dodgers already appear to be more than competitive in the division, and by proxy the entire league adding for the second wild card. What is the incentive for Cohen to improve the team at all costs? It is simply not necessary to do so. The best thing he could do is re-invest in Latin and Asian player development and the domestic farm. There is simply no replacement for a fundamentally solid organization and safe and secure fan experience. The Dodgers are much closer to the promised land than we think.

Joe
Joe

Is it confirmed that Steve Greenberg would have involvement after the deal is done? I thought Greenberg was simply repping Cohen while Arn Tellem, an L.A.-based player agent, would be the CEO if Cohen gets the team. Tellem has done a lot of baseball business, but he's seen as more of a basketball guy. It's kind of odd that in such a major baseball deal, two groups have prominent basketball guys in leadership positions.

Jon#7#22
Jon#7#22

"Already more than competitive in the division" is an interesting line....totally false but interesting. Or if by competitive you mean projected for 3rd then yeah I agree, but right now they are at an outside best scenario to make the playoffs without any mid-season improvement.

Joe
Joe

In my opinion, the best group for the Dodgers is getting the least amount of attention: Tom Barrack and Leo Hindery. Barrack is an L.A. native and resident, a financial genius, and a billionaire who has had success with sports teams elsewhere. Hindery was the founder and is the ex-CEO of the YES Network, which is the most successful RSN in America. I bet the combination of Barrack's money and financial savvy and Hindery's TV know-how would be the perfect combination for turning the Dodgers into an MLB powerhouse, but they don't seem to be getting much attention or respect from fans or the media. Everyone has been focused on the big names like Magic, O'Malley, Torre, et al., despite their relative lack of capital.

Jon#7#22
Jon#7#22

Fair enough analysis. Haven't heard too much about them...Mike may have gone over them but I may have missed it. Sounds like a decent group and certainly better than Cohen and Kroenke.

DodgersKingsofthegalaxy
DodgersKingsofthegalaxy

On paper we would want magic, but we don't know how any of these guys are actually going to run the team. Hedge fund guy? *Puke* Mr. Rams-and-a-million-other-sports-teams? *puke*, but what are ya gonna do? They have the most money, so we'll see...........

bt
bt

"the money we had earmarked for hiroki.we were able to use in 3 or 4 other places" loosely translated

Jon#7#22
Jon#7#22

unfortunately that part is probably true! Thank goodness we picked up Juan Rivera and Mark Ellis!

bt
bt

Colletti is live on prime ticket

Mike
Mike

What's he saying? I'm actually watching the WGN feed.

Jon#7#22
Jon#7#22

Nothing we haven't heard before just basically "we need Juan and Chad to step up and Ethier to return to form and that Harang and Capuano are solid veterans who will keep you in the game..." as well as the other position stuff people mentioned nothing really interesting at all. Of course he wasn't asked anything more than the basics really.

bt
bt

2B Ellis is a "plus defender" 3B Uribe " can give us 60-65 RBI's"

Dave Pomerantz
Dave Pomerantz

I hate to say it, but I remember reading the same thing from Kuroda - no formal offer, discussions never close. That doesn't sound like a strong attempt. I'm guessing the discussions went something like this: Ned: "Would you be willing to defer 80% of salary? Kuroda's agent: "Nope." Ned: "Well, I tried as hard as I could. Sorry we didn't come to an agreement."

a
a

read that in an interview he did from NYY spring training; will try to find it again but it was quite a few days ago. Let me be clear as perhaps I wasn't since what he said did not surprise me at all and seems to surprise you: I took "strong attempt" to mean make an offer-Kuroda said the Dodgers never made an offer-he didn't say that Colletti never even wished him Happy New Year.

Jon#7#22
Jon#7#22

When did he say that? Link?

Bip
Bip

about Ellis: This is true, but somehow I imagine that Colletti doesn't rely on actual data to determine this, like the people who say Kemp is a plus defender. about Uribe: face_nearest_hard_surface

a
a

Kuroda said he never heard from the Dodgers!

GoDodgers
GoDodgers

I hope Uribe's not batting 4th.

bt
bt

"made a strong attempt to get hiro. back, but wasnt in the cards to do it."

Jeff
Jeff

Uribe can give 60-65 RBI? How's he gonna do that with Matt Kemp clearing the bases in front of him? (Ha!)

Trackbacks

  1. [...] more thing before I sign off for today. According to Bill Shakin, and MSTI http://mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenk…  , The final seven Dodger bidders will be submitting their final bids on March 16th, and are [...]

  2. [...] I was going to write about the ownership situation in further detail, but Mike Petriello has already said a lot of the things I wanted to say. I’ve been pretty apprehensive about Cohen since the first time we talked about him, arguing that [...]

  3. White Shoes says:

    Online Kasper Suits Petite…

    [...]these are some web page links to internet pages we connect to because we think they will be really worth checking out[...]…

  4. The Best Cat Suits For Women…

    [...]these are some web page links to internet pages that we connect to because we feel they are worthwhile checking out[...]…

  5. Great Clips Coupons…

    [...]here are a few listings to web sites which I link to seeing as we believe they will be truly worth visiting[...]…

  6. Great Clips Printable Coupons…

    [...]right here are a few listings to online websites which we link to for the fact we feel they really are really worth visiting[...]…

  7. Supercuts Coupons…

    [...]the following are some web links to places which I connect to because we believe these are worthy of browsing[...]…

  8. beauty says:

    Nice…

    Excellent post. I was checking continuously this blog and I’m impressed! Extremely helpful information particularly the last part :) I care for such information much. I was looking for this certain info for a very long time. Thank you and best of luck…

  9. ann romney…

    [...]listed below are several web links to online sites I always link to seeing that we believe they will be worthy of visiting[...]…

  10. dancing with the stars results…

    [...]these are several links to web sites we connect to seeing as we feel they’re seriously worth browsing[...]…

  11. cabin in the woods…

    [...]below are a few references to web pages that we connect to as we feel they will be seriously worth visiting[...]…

  12. Maria says:

    Awesome…

    It is appropriate time to make some plans for the future and it’s time to be happy. I have read this post and if I could I desire to suggest you few interesting things or advice. Maybe you can write next articles referring to this article. I desire to…

  13. maria says:

    Nice…

    Excellent post. I was checking continuously this blog and I’m impressed! Extremely helpful information specifically the last part :) I care for such info much. I was seeking this particular info for a long time. Thank you and best of luck….

  14. trolikter says:

    Websites we think you should visit…

    [...]although websites we backlink to below are considerably not related to ours, we feel they are actually worth a go through, so have a look[...]……

  15. More Info says:

    Click Here…

    [...]what follows are a few web links to internet websites which I link to seeing as we think there’re worth browsing[...]…

  16. Recent Blogroll Additions……

    [...]usually posts some very interesting stuff like this. If you’re new to this site[...]……

  17. My Homepage says:

    … [Trackback]…

    [...] Read More: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  18. … [Trackback]…

    [...] Read More: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  19. cash advance says:

    … [Trackback]…

    [...] Informations on that Topic: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  20. … [Trackback]…

    [...] Read More: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  21. wood windows says:

    … [Trackback]…

    [...] Informations on that Topic: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  22. … [Trackback]…

    [...] Read More here: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  23. one piece says:

    … [Trackback]…

    [...] Informations on that Topic: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  24. aaron wall says:

    … [Trackback]…

    [...] Read More: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  25. High Schools says:

    … [Trackback]…

    [...] Informations on that Topic: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  26. … [Trackback]…

    [...] Read More here: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  27. free ecards…

    [...]listed here are some urls to websites online that we connect to for the fact we feel they’re worthwhile browsing[...]…

  28. … [Trackback]…

    [...] Read More: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  29. … [Trackback]…

    [...] There you will find 72035 more Infos: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  30. herpes says:

    … [Trackback]…

    [...] Find More Informations here: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  31. payday loans says:

    … [Trackback]…

    [...] Read More: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…

  32. stickers says:

    … [Trackback]…

    [...] Informations on that Topic: mikesciosciastragicillness.com/2012/03/11/three-weeks-left-in-the-ownership-race-cohen-kroenke-magic-in-the-lead/10274/ [...]…