Fox Reportedly Interested - Again - In Buying Dodgers

Now that Frank McCourt has reached a settlement with Major League Baseball to sell the Los Angeles Dodgers, it is open season to find the potential bidders for the team. The team is expected to fetch somewhere in the $1 billion range, which is nearly two and a half times the amount paid by McCourt in 2004. One of the new bidders could be an old bidder, Fox, who owned the Dodgers from 1998-2004.

"If it comes down to paying $3 billion for telecast rights or $1 billion for the team, the math may mean you buy the team," a person familiar with Fox's thinking told Steven Church of Bloomberg News. Darren Rovell of CNBC also thinks Fox could, and should be in play:

The reason Fox sold the Dodgers is that they thought buying TV rights were a better financial move. They were reportedly losing tens of millions of dollars managing the team. But now, that just might be the cost of doing business in a marketplace that is much more competitive than it was just seven years ago.

Fox currently has a television contract with the Dodgers that runs through 2013, so a new TV deal is of paramount importance to any new owner. It is also why any media companies, such as Time Warner, that would bid on the Dodgers TV rights would also potentially be interested in purchasing the team as well.

For more news and information on the Dodgers, be sure to read True Blue LA.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Los Angeles

You must be a member of SB Nation Los Angeles to participate.

We have our own Community Guidelines at SB Nation Los Angeles. You should read them.

Join SB Nation Los Angeles

You must be a member of SB Nation Los Angeles to participate.

We have our own Community Guidelines at SB Nation Los Angeles. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.