Just six short days remain before we know who the next owner of the Los Angeles Dodgers will be. A day many of us have longed for since, oh, the day he took over the team, no? We had some good times, but we definitely had some bad as well. A lot of bad actually. No sense in reliving all of the wonderful memories, but I will say I won't miss this guy running the show. So where are we at in all this? We are about to have a new owner in Los Angeles and kiss Frank McCourt goodbye. I don't know about you, but I am so ready.
We got three, three folks. Three survivors remain in the race and one of them will take over the Dodgers franchise in just a few short days. It's been a long journey for most of us but it's quickly coming to a close very quickly.
Magic Johnson Group- Headed by the Lakers legend Earvin "Magic" Johnson. He's teaming up with longtime baseball executive Stan Kasten, and Guggenheim Partners. The clear fan favorite, also my personal favorite from the very beginning. They have seemed to be the leader in this whole thing from the very beginning. It appears his group also has the highest bid in so far at $1.6BB, according to Forbes
Steve Cohen-It seems that some are saying he has propelled himself into the lead. Recently Cohen recruited Patrick Shoon-Shiong and Arn Tellem, and their bid was well liked by MLB execs. according to several sources. The bid submitted by Cohen was for $1.4BB, but the bid includes an astounding $900MM of equity. I am totally biased to the Johnson group, but I just don't like the make-up of this group. I keep saying it over and over but it just seems like McCourt 2.0, but nonetheless I am bracing myself for the Cohen era to begin in Los Angeles. Yes, I am really starting to think these guys are gonna win this thing.
The third and final remaining bidder is multi-franchise owner Stan Kroenke. I think he is the odd man out here and though he might secretly be McCourts favorite, I don't think ultimately this guy will come out on top. He is said to have the lowest bid on the table, and ultimately cash is king. Not to mention he is surrounded by rumors that he is trying to move his Rams back to Los Angeles, which may or may not be a good thing.
So out is everyone else, Michael Heisley and Tony Ressler, Alan Casden, Stanley Gold and The Disney Family, Jared Kushner, and Leo Hindery.
I am a bit surprised that the Disney Group wasn't in the final three, but ultimately I am happy with the final three. Honestly, I feel that the three that are on the table are the best three for the job. Expect things to be very quiet over the coming days leading up to the big announcement. Tick-tock goes the clock Frank but no matter what, your time is up.