Ruh-roh: Are there problems with the Magic Johnson-Guggenheim Partners bid for the Dodgers?


We’re still in love-fest territory when it comes to the Magic Johnson-Guggenheim partners bid for the Dodgers. Indeed, I just got a press release from the Dodgers’ PR people, announcing the team’s imminent emergence from bankruptcy, and talking about how important that bid is for the process:

“The centerpiece of the Amended Plan is the agreement by Guggenheim Baseball L.P. to pay $2 billion to acquire the equity of the reorganized debtors. This agreement is the culmination of an auction process that was conducted over several months and reflects the highest and best bid generated by that process.  The successful auction process attracted numerous prospective purchasers and numerous proposals, all of which confirmed the substantial value of the Dodgers, the media rights associated with the team, and Dodger Stadium.”

And that’s great.  But as Tom Verducci reports, it’s not all rosy. MLB and some of its owners are a little wary of Magic & Friends:

Major League Baseball officials have expressed concern that Guggenheim Baseball Management, the winning bidders for the Los Angeles Dodgers, has been slow to produce the details of the bid and the structure of its management team, according to several sources familiar with the sale process.

Several individual owners have joined baseball officials in questioning why the Guggenheim group, led by Mark Walter, Stan Kasten and Magic Johnson, has not filed a more detailed Purchase and Sale Agreement more than a week after the group was selected from among three finalists by Frank McCourt, the outgoing owner who is selling the club through U.S. Bankruptcy Court.

Now, MLB is not the party approving this sale, the bankruptcy court is. So perhaps this is just grumbling. Still, worth watching before anyone starts printing up Dodgers Magic Johnson jerseys.

Well, I guess you could and just tell everyone that they’re Reed Johnson jerseys, but still.

Chris Sale will start on Opening Day for Red Sox

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No surprise here: Chris Sale will start on Opening Day for the Red Sox, Pete Abraham of The Boston Globe reports. The Red Sox open the season on March 29 in Tampa Bay against the Rays. Sale will oppose Chris Archer.

Sale, 28, is the fifth different Opening Day starter the Red Sox have had in as many years, preceded by Rick Porcello, David Price, Clay Buchholz, and Jon Lester. Sale started on Opening Day for the White Sox in 2013, ’14, and ’16.

Sale finished second in AL Cy Young Award balloting last year and finished ninth for AL MVP. He went 17-8 with a 2.90 ERA and a 308/43 K/BB ratio in 214 1/3 innings. Sale and Clayton Kershaw (2015) are the only pitchers to strike out 300 or more batters in a season dating back to 2003.