The Dodgers bidders are down to four

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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.

Red Sox trade Roenis Elias back to the Mariners

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The Boston Red Sox announced this afternoon that they’ve traded lefty Roenis Elias to the Seattle Mariners for a player to be named later or cash.

Boston had acquired Elias in the same trade that netted them reliever Carson Smith in exchange for Wade Miley and Jonathan Aro back in December of 2015. Since that time Elias has not been a part of the Red Sox’ plans, pitching in just four big league games — eight innings total — in all of 2016 and 2017 and not making an appearance for the big club this season. He was pretty solid for Pawtucket in 2016 but 2017 was largely lost to injuries.

Now he’s headed back to Seattle where, once upon a time, Elias posted a 3.85 ERA in 29 starts as a rookie for the Mariners.