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 Athletic’s Ken Rosenthal reports that the Rangers and pitcher Jordan Lyles have agreed to a contract. ESPN’s Jeff Passan provided the details, reporting that it is a two-year, $16 million deal.
Lyles, 29, split last season between the Pirates and Brewers, performing much better with the latter. Overall, he compiled a 4.15 ERA with a 146 strikeouts and 55 walks across 141 innings. It was a return to full-time starting for Lyles, who had performed mostly as a reliever from 2016-18.
The Rangers also inked Kyle Gibson to a three-year, $30 million contract last week. Gibson and Lyles will join a rotation that also includes Mike Minor and Lance Lynn as well as youngster Kolby Allard.