Found February 24, 2012 on
Fox Sports West:
Rick Caruso and former Dodgers manager Joe Torre have withdrawn a joint bid to buy the Dodgers, three people familiar with the sale process said Thursday.
Caruso cited owner Frank McCourt's refusal to include the Dodger Stadium parking lots in the sale, according to the people, who declined to be identified because they were not authorized to discuss the sale process.
Rick Caruso, Joe Torre drop Dodgers bid In this letter to Major League Baseball, Caruso and Torre explain why they are withdrawing from the Dodgers bidding process.
Caruso could reenter the bidding if McCourt were to agree to sell the parking lots, the people said. McCourt has told people he has at least one bid in which the buyer would let him retain ownership of the parking lots.
Caruso is the Los Angeles developer perhaps best known for the Grove and Americana shopping and entertainment complexes. He commissioned studies on how to improve parking and traffic at Dodger Stadium and ultimately decided he could not provide the desired fan experience without control of the parking lots.
Caruso and other bidders have believed the purchase of the parking lots would be negotiable. Caruso's decision to withdraw offers the clearest evidence yet that McCourt intends to keep the lots and try to build on them.
-- Bill Shaikin
BEST OF MAXIM
Bill Shaikin of the Los Angeles Times reports that the joint bid of Joe Torre and Rick Caruso has withdrawn from the Los Angeles Dodgers ownership sweepstakes. Los Angeles developer Rick Caruso and former Dodgers manager Joe Torre have withdrawn a joint bid to buy the Dodgers. Which is fine, as I didn’t want Torre
NEW YORK (AP) - Joe Torre's group has dropped out of bidding for the bankrupt Los Angeles Dodgers because current owner Frank McCourt won't include the parking lots outside the stadium.Whether the lots are included in the sale has been an issue that always has had the potential to become ...
Joe Torre and real estate developer Rick Caruso have withdrawn their joint bid to purchase the Los Angeles Dodgers, The Los Angeles Times reported Thursday.
Joe Torre's group has dropped out of bidding for the bankrupt Los Angeles Dodgers because current owner Frank McCourt won't include the parking lots outside the stadium.
NEW YORK (AP) -- Joe Torre's group has dropped out of bidding for the bankrupt Los Angeles Dodgers because current owner Frank McCourt won't include the parking lots outside the stadium.
I know we are all counting down the days until we can rid ourselves of Frank McCourt. I don't want to get into the McCourt groove too much here because frankly I am trying to have a really good day and talking about Frank will screw that plan in every which way possible. It's funny to me though, you know, how little we actually hear or have to talk about McCheap these...
The Dodgers dangle as Torre and Caruso say they're pulling out of bidding. At issue: Frank McCourt's hold on the parking lots. Is there no braking this guy?Each of us, like it or not, finds his own calling in life. Frank McCourt has found his. He parks cars.
What a mess. What a complete mess. It’s orchestrated by Frank McCourt, so the shock factor is nil, but still.