Bill Shaikin of the Los Angeles Times reports that the Magic Johnson-Stan Kasten group is among seven bidders left in the running to buy the Dodgers.
The field was whittled down to nine after the groups headlined by Peter O’Malley and Joe Torre dropped out over the past week. The groups led by Memphis Grizzlies’ owner Michael Heisley and Tony Rossler, a minority investor in the Brewers, were eliminated today.
The remaining bidders include groups led by Johnson and veteran baseball executive Stan Kasten; Connecticut investment king Steven Cohen and longtime Los Angeles agent Arn Tellem; Stanley Gold and the family of the late Roy Disney; and New York media executive Leo Hindery in partnership with Tom Barrack, chairman of Santa Monica-based Colony Capital.
St. Louis Rams owner Stan Kroenke, Beverly Hills-based real estate developer Alan Casden and Jared Kushner, owner and publisher of the New York Observer and son-in-law of Donald Trump, also remain in contention.
The seven remaining groups will now advance to a review process by MLB, which includes voting by two committees of owners. MLB is expected to inform outgoing owner Frank McCourt which bidders have advanced by mid-to-late March. McCourt will then hold one more round of bidding before identifying a winner by April 1. He is required to close the sale by April 30.
Shaikin notes that the Dodgers are expected to sell for more than $1.5 billion, which would establish a new record sale price for an American sports franchise.
The Astros remain in contact with the Athletics on starting pitcher Sonny Gray, Ken Rosenthal of FOX Sports reports. The Astros have added Charlie Morton this offseason, but the club has been trying to add a big-name starting pitcher to put at the top of the rotation behind Dallas Keuchel.
Gray, 27, was limited to 22 starts in the 2016 season due to a forearm issue. His stats left a lot to be desired, as he finished with a 5-11 record, a 5.69 ERA, and a 94/42 K/BB ratio over 117 innings. Considering how Gray pitched in the previous three years, he’s a good bet to bounce back.
Gray is under team control through 2019, which is a big draw for the Astros. Needless to say, the Athletics would want a haul in terms of prospects. Gray will earn $3.575 million in 2017, having avoided arbitration in his first year of eligibility.
As we noted last week, The Chicago Cubs took the unusual step of not waiting until the summer after winning the World Series to make their customary White House visit to meet the president. They did it today, seeing President Obama a few short days before he leaves office.
Despite the fact that Obama is a White Sox fan, he met the Cubs with diplomacy and grace. It’s almost as if he’s been in that business for the past eight years. In return, he was given some gifts by the Cubs: Theo Epstein presented Obama with a No. 44 Cubs jersey, a tile from the center field scoreboard at Wrigley Field, and a lifetime pass to Wrigley as well.
Obama is staying in D.C. after he leaves office this week, hanging around so his daughter can finish high school in the same place she started. Even so, he’s likely going to be back to Chicago a good bit over the rest of his life, so he’ll likely be able to put the free pass to work. Assuming it comes with, like, six companion passes for his Secret Service detail.