Embattled owner Frank McCourt agreed to sell the Dodgers earlier this week, but Bill Shaikin of the Los Angeles Times reports that he is also entertaining offers for the Los Angeles Marathon.
McCourt has owned the marathon for the past three years, introducing the popular “Stadium to the Sea” route, but Howard Sunkin, senior vice president of the McCourt Group, told Shaikin that he decided to sell the event earlier this summer.
“Frank made a determination several months ago that he needed to concentrate on the Dodgers,” Sunkin said Friday. “We’re listening to offers. We’ll continue to evaluate it.”
While McCourt expects the Dodgers to sell for more than $1.2 billion at auction, two racing industry executives told Shaikin that the marathon would probably sell for less than $20 million. Of course, the marathon is small potatoes compared to the worth of the Dodgers, but this is a sign that he remains hard up for cash.
The New York Yankees have acquired reliever A.J. Cole from the Washington Nationals for cash considerations.
Cole was supposed to be the Nats’ fifth starter this year but that didn’t work out too well. He pitched in four games for the Nats, starting two, to the tune of a 13.06 ERA, having given up six home runs in 10.1 innings. That’s . . . something.
Don’t get too used to Cole on the New York roster, as this seems like one of those “give us an arm” for a couple of days deals, after which Cole will be DFA’d and will either accept an assignment to Scranton or be cut loose. Such is life at the fringes for a guy who is out of minor league options.