MLB owners unananimously approved the three remaining bidders for the Dodgers on Tuesday, clearing the way for a private auction to take place next Wednesday.
Expectations are that Frank McCourt and his advisers will negotiate with the three bidders in the days leading up to the auction.
The three bidders left are Steve Cohen (whose group includes agent Arn Tellem), Stan Kroenke (who owns the St. Louis Rams and is a majority shareholder in Arsenal) and Mark Walter (whose group includes Magic Johnson and former Braves president Stan Kasten).
Each of the current bids is in the $1.4 billion to $1.6 billion range, but those amounts include the parking lots surrounding Dodger Stadium, which McCourt has said are not for sale.
LOS ANGELES – The Los Angeles Dodgers will retire the No. 34 jersey of pitcher Fernando Valenzuela during a three-day celebration this summer.
Valenzuela was part of two World Series champion teams, winning the 1981 Rookie of the Year and Cy Young awards. He was a six-time All-Star during his 11 seasons in Los Angeles from 1980-90.
He will be honored from Aug. 11-13 when the Dodgers host Colorado.
Valenzuela will join Pee Wee Reese, Tommy Lasorda, Duke Snider, Gil Hodges, Jim Gilliam, Don Sutton, Walter Alston, Sandy Koufax, Roy Campanella, Jackie Robinson and Don Drysdale with retired numbers.
“To be a part of the group that includes so many legends is a great honor,” Valenzuela said. “But also for the fans, the support they’ve given me as a player and working for the Dodgers, this is also for them.”