MLB

Roy Disney family mulls bid for Dodgers

Share This Story

   
 

LOS ANGELES (AP)

The family of the late Roy E. Disney is in talks with other investors about making a bid to buy the Los Angeles Dodgers out of bankruptcy.

David Stern

GRABBING HEADLINES

Texas' Yu Darvish debuted to massive hype. Who are MLB's other ballyhooed pitching prospects?

The talks were confirmed Monday by Clifford Miller, managing director of the Disney family's investment vehicle, Shamrock Holdings.

Roy Disney was the nephew of Walt Disney, but the family's investments are not directly tied to the operation of The Walt Disney Co., which controlled the Angels from 1998-03.

Miller said Stanley Gold, the chief executive officer of Shamrock, is seriously exploring investing in the team along with the Disney family and other investors, including several in the Los Angeles area.

Gold has gone through the process of qualifying the investor group to make an initial bid by the Jan. 23 deadline, and the group is examining the team's financial records.

Dodgers owner Frank McCourt, who put the team in bankruptcy last year, agreed with Major League Baseball to sell the team by April 30, which coincides with the deadline for McCourt to pay former wife Jamie a $131 million divorce settlement.

Among other potential bidders are:

  • a group that includes former manager Joe Torre and is headed by real estate developer Rick Caruso.

THE WAY WE WERE

Trace the roots of all 30 MLB teams, dating back to the beginning of the sport's modern era in 1901.

  • Steven Cohen of the hedge fund SAC Capital Advisors.
  • a group that includes former Los Angeles Lakers star Magic Johnson, former Atlanta Braves and Washington Nationals president Stan Kasten and Guggenheim Partners chief executive officer Mark Walter.
  • a group that includes former agent and current Chicago White Sox special assistant Dennis Gilbert, talk show host Larry King and Jason Reese of Imperial Capital.
  • a group that includes former Dodgers general manager Fred Claire, former Oakland Athletics president Andy Dolich and former Dodgers batboy Ben Hwang, who brought in the financial backers.
  • former Dodgers owner Peter O'Malley.
  • a group that includes former Dodgers stars Orel Hershiser and Steve Garvey, and Joey Herrick of Natural Balance Pet Foods.
  • Dallas Mavericks owner Mark Cuban.
Tagged: Dodgers

Related Stories

Member Comments

Please note by clicking on "Post comment" you acknowledge that you have read the Terms of Use and the comment you are posting is in compliance with such terms. Be Polite. Inappropriate posts may be removed by the moderator.

powered by



MLB Videos

Bautista talks Derek Jeter's final All-Star Game Posted: Jul 16, 2014
Jose Bautista discusses Derek Jeter's career and his final appearance in the MLB...

Jeter honored to play in last All-Star Game Posted: Jul 16, 2014
Derek Jeter compares his first All-Star Game experience with his last, Mike Trou...

Matheny defends Wainwright: He's out there to compete Posted: Jul 16, 2014
Mike Matheny comments on the media's reaction to Adam Wainwright's joke about le...

SimLeague Baseball - Simulation Baseball Game

Fox Sports Store

    itemName itemURL imageSrc price itemDescription
    Nike New York Yankees Practice T-Shirt - Ash http://shop.foxsports.com/FOX_New_York_Yankees/browse/featuredproduct/606363/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_606000/ff_606363_xl.jpg&w=100 27.95 Nike New York Yankees Practice T-Shirt - Ash
    Majestic Detroit Tigers 2012 MLB American League Champions Clubhouse Locker Room T-Shirt - Navy Blue http://shop.foxsports.com/FOX_Detroit_Tigers/browse/featuredproduct/1064043/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1064000/ff_1064043_xl.jpg&w=100 24.95 Majestic Detroit Tigers 2012 MLB American League Champions Clubhouse Locker Room..
    Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room T-Shirt - Gray http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067359/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067359_xl.jpg&w=100 24.95 Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker R..
    Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room Pullover Hoodie - Steel http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067382/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067382_xl.jpg&w=100 54.95 Majestic San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker R..
    New Era San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Room 39THIRTY Flex Hat - Charcoal/Black http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1067785/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1067000/ff_1067785_xl.jpg&w=100 31.95 New Era San Francisco Giants 2012 MLB World Series Champions Clubhouse Locker Ro..
    Majestic San Francisco Giants 2012 MLB World Series Champions Glory T-Shirt - Black http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1068294/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1068000/ff_1068294_xl.jpg&w=100 21.95 Majestic San Francisco Giants 2012 MLB World Series Champions Glory T-Shirt - Bl..
    Majestic San Francisco Giants 2012 MLB World Series Champions Batting Practice Performance Jersey - Black/Orange http://shop.foxsports.com/FOX_San_Francisco_Giants/browse/featuredproduct/1068787/source/foxsports_prsp_ca http://images.footballfanatics.com/FFImage/thumb.aspx?i=/productImages/_1068000/ff_1068787_xl.jpg&w=100 94.95 Majestic San Francisco Giants 2012 MLB World Series Champions Batting Practice P..