Dodgers Sale: Three Bidders Approved By MLB Owners

There are three bidders remaining to become the new owners for the Dodgers. The remaining groups are: (1) the group led by billionaires Steven Cohen and Patrick Soon-Shiong; (2) the group led by Magic Johnson and longtime baseball executive Stan Kasten; and (3) St. Louis Rams team owner Stan Kroenke. Now they will be the last three standing to try and obtain ownership of the team.

Bill Shaikin of the Los Angeles Times files this report.

Final negotiations with Frank McCourt and investment bank representatives now will begin in earnest for the acution to take place. There could be new team owners for Los Angeles within the next week, ending this long and painful nightmare. Who will end up prevailing in the end?

For more discussion on the sale of the Dodgers and the state of the team in general, please head over to True Blue LA to make your voice heard.

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