Found January 04, 2012 on Dodgers Rumors:
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Some breaking news in the world of baseball today, Joe Torre resigned from his position as Executive Vice President of Baseball Operations with Major League Baseball. Big news right? Yes, but you see that's not all, as Dylan Hernandez is tweeting that Joe Torre has joined Rick Caruso in a bid to buy the Los Angeles Dodgers. I don't know about you but I was stunned by this report. We heard a couple months ago that Torre may be connected with Caruso in a bid for the Dodgers, but at the time it didn't seem like anything was going to happen. I'm thinking Torre is pretty serious about this decision if he is going to walk away from that position within less than a year.

Bill Shaikin reported yesterday that the deadline to submit bids for the purchase of the Dodgers has been extended to January 23rd. The winning bidder will be identified by April 1st, and the sale will be finalized by April 30th. So the team of Caruso/Torre will join the list of prospective bidders that already includes Mark Cuban, Magic Johnson, Steven Cohen, Dennis Gilbert, the team of Steve Garvey and Orel Hershiser, Peter O'Malley, and Tom Galisano. I'm sure there are some more out there that I have forgotten, and it really doesn't matter until January 23rd anyway.

Rick Caruso certainly has the financial ability to purchase the Dodgers, he is a multi-billionare and is well educated. Joe Torre, well, not many more know the game of baseball better than Torre. He of course is no stranger to the Dodgers franchise as he was managing and was very much involved with some of the decision making for the Dodgers not that long ago. I am saying right now Torre just became a major front-runner and the stage is almost set for the battle of the century. With things is Dodgertown being exceptionally boring now that the roster is all but set. But the ownership battle will certainly be fun, but you gotta wonder, if Torre does become owner does Ned Colletti remain GM? You gotta figure Donnie will remain the manager, as there are few closer relationships in baseball today. What I'm not sure about is the relationship between Colletti and Torre. I would think Torre would pry Kim Ng back to the Dodgers before he would keep Colletti around, but you never know. All I know is I am excited about this one, someone that knows baseball paired up with someone that has deep pockets. Fasten your seat belts folks it's gonna be a wild and bumpy ride! It's gonna be fun!
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