Major League Baseball keeps weeding out bidders for the Dodgers and now we are down to four, reports the L.A. Times:
- The Stan Kasten-Magic Johnson group;
- Hedge fund billionaire Steven Cohen;
- St. Louis Rams owner Stan Kroenke; and
- Memphis Grizzlies owner Michael Heisley and a financier named Tony Ressler, who is also a minority investor in the Milwaukee Brewers.
True fact: Steven Cohen’s real first name on his birth certificate is “Hedge Fund billionaire.” His parents truly believed in destiny, and in his case it worked.
Anyway, all of these bids have been reported to be seriously moneyed (i.e. not overly-leveraged like Frank McCourt), with some of them having close to a billion dollars in cash alone, with overall bids ranging between $1.3 and $1.6 billion, which would make the Dodgers the largest sports franchise sale in history.
Imagine what they’d be worth if Frank McCourt hadn’t chopped them into little pieces and drove the brand into the ground.
Yahoo Japan reported on Sunday (Monday there) that the Brewers have made a formal contract offer to free agent pitcher Yu Darvish. Ken Rosenthal of The Athletic has confirmed Yahoo Japan’s report. The length of the offered contract and the value are not known at the moment.
Darvish recently said on his personal Twitter account that the Rangers, Yankees, Cubs, Astros, Twins, and “one more team” have been in the running for his services. The unnamed team was believed to be the Dodgers, but it may well be the Brewers.
The Brewers could certainly use Darvish’s arm. Chase Anderson and Zach Davies currently lead the starting rotation and the club added Jhoulys Chacin and Yovani Gallardo this offseason.
Darvish, 31, posted a 3.86 ERA with a 209/58 K/BB ratio in 186 2/3 innings between the Rangers and Dodgers in the regular season last year. He faltered in the playoffs, specifically in the World Series, where he gave up nine runs in 3 1/3 innings across two starts. Darvish was apparently tipping his pitches, however, which is a correctable issue.