Tag:Orel Hershiser
Posted on: January 30, 2012 1:05 pm
Edited on: January 30, 2012 1:06 pm

Korean company among Dodgers bidders

By C. Trent Rosecrans

Korean retailer E-Land leads a consortium that is on the short list of Dodgers bidders, Yohap News Agency reported on Monday (via Reuters).

This weekend, the Los Angeles Times reported that at least eight bidders had advanced from the more than 12 initial bids. Already out include Mark Cuban, as well as the group including Steve Garvey and Orel Hershiser.

Dodgers in transition
Joining the Korean group in on the bidding is thought to believe a group led by Magic Johnson, another led by real estate developer Rick Caruso (that includes Joe Torre) and another by hedge fundmanager Steven Cohen.

The total cost is expected to be at least $1.5 million.

Major League Baseball has agreed to approve as many as 10 bidders, with Frank McCourt revealing the winning bid by April 1.

The Korean company wouldn't be the first Asian owners in baseball, Nintendo owns the Seattle Mariners.

Baseball is popular in Korea and its national team reached the finals of the last World Baseball Classic, losing to rival Japan in the championship game. Los Angeles also has a huge Korean American population -- more than 300,000, according to the 2009 American Community Survey.

The Dodgers also signed Chan-Ho Park, who was the first South Korean-born player in big league history when he debuted with Los Angeles in 1994.

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Posted on: January 23, 2012 2:44 pm

Sorting through potential Dodgers bidders

By Matt Snyder

With the wildly unpopular Frank McCourt headed out the door, the Los Angeles Dodgers are for sale. Bids are actually due Monday and McCourt has agreed to make a decision by April 1.

Via Bill Shaikin of the Los Angeles Times, here is a list of the prospective bidders:

Magic Johnson/Stan Kasten: Kasten has been president of the Braves and is the Nationals' current president. And we all know what Magic means to L.A.

Joe Torre/Rick Caruso: The former Dodgers manager and current vice president of the MLB heads up the group.

Steven Cohen/Arn Tellem: Cohen, a hedge fund manager, is one of the richest men in America while Tellem is a high-profile agent.

Mark Cuban: The Dallas Mavericks owner finally got his championship last NBA season, so maybe it's time to get an MLB team? Note that he's tried in the past -- most famously with the Cubs -- to buy a team. It's just that past reports have indicated Bud Selig and several other owners don't want Cuban to join their club.

Tom Barrack: Shaikin reports Barrack has owned a japanese baseball team and a french soccer team in the past.

Ron Burkle: While he can't match Cohen, Burkle is also a member of the Forbes 400, sporting an estimated net worth of $3.2 billion. He's a part owner of the NHL's Pittsburgh Penguins.

Stanley Gold/Disney family: Gold is the president and CEO of Disney's private investment company. The Disney name doesn't really need any further explanation.

Peter O'Malley: The former Dodgers owner apparently wants back in.

Tony Ressler: He's an investor and minority owner of the Brewers.

Dennis Gilbert: The former agent lost out on the bidding for the Rangers.

Alan Casden: He's a self-made real estate developer in Beverly Hills, so that seems like a good fit. Shaikin reports, however, that "MLB wasn't comfortable" with Casden last time he placed a bid on the club.

Tom Golisano: He used to own the Buffalo Sabres of the NHL.

Fred Claire: He was the GM of the Dodgers from 1987-1998.

Steve Garvey/Orel Hershiser: Baseball fans are obviously familiar with the Dodgers connection here.

Fox or Time Warner: We know the TV money is big, but Shaikin reports neither group really wants the team -- they just don't want the other side to buy the team. So each might bid. Try untangling that web of logic.

The Field: The bidding process is not public, so it wouldn't be a total shock of the eventual Dodgers owner was a group or person not on this list.

While it's hard to tell how this entire process will shake out, it has to be a relief to Major League Baseball and Dodgers fans that the next owner is simply going to be ABFM (Anyone But Frank McCourt).

For more baseball news, rumors and analysis, follow @EyeOnBaseball on Twitter, subscribe to the RSS feed and "like" us on Facebook.
Posted on: December 2, 2011 2:36 pm

Magic Johnson wants to buy the Dodgers

Magic Johnson

By C. Trent Rosecrans

At the very least, the Dodgers will have no shortage of famous names looking to own the team, as basketball Hall of Famer Magic Johnson announced on Twitter that he has teamed with Mark Walter and former Braves and Nationals president Stan Kasten to make a bid on the team.

Johnson tweeted this on Friday:


Walter is the real money in the group, with Johnson and Kasten lending the star power.

Other groups interest in the Dodgers include Mark Cuban and a group including former Dodgers Steve Garvey and Orel Hershiser. Peter O'Malley, whose family moved the Dodgers to Los Angeles, has also said he wants to buy the team, too.

For more baseball news, rumors and analysis, follow @eyeonbaseball on Twitter or subscribe to the RSS feed.
Posted on: June 5, 2011 12:47 pm

Hershiser, Garvey possible Dodgers suitors

By Matt Snyder

If the Dodgers turn up for sale -- and it's likely they will be permanently removed from Frank McCourt's ownership at some point -- two familiar faces will reportedly be in on the bidding. Former Dodgers first baseman Steve Garvey has put together a group that is ready to make a serious charge toward owning the ballclub and he has now added Orel Hershiser to the fray. With the addition, the group is now being called the Garvey-Hershiser group.

The LA Daily Newsreports:
"Garvey approached me," Hershiser confirmed in a phone interview.

"We've always talked and communicated through the years. He was a little more of a role model for me, the way he did things. I was like, 'That's what I want to do.' He's been a good businessman.

"When he called and said he wanted me to be part of this group, I said, 'Garv, I'd always be interested in helping and doing something like this that would be a lot of fun.' We're forming a group that's investigating situations as they arise. That would be very interesting for me."
Garvey, 62, played 14 years for the Dodgers, winning one MVP and making eight All-Star games. He was a member of the World Series champion 1981 Dodgers and played in three World Series as a member of the team.

Hershiser, 52, pitched for the Dodgers for 13 seasons. He made three All Star games and won a Cy Young. He was the ace of the 1988 World Series championship Dodgers team, winning the World Series MVP after two complete-game victories. He presently serves as a commentator for ESPN's Sunday Night Baseball, but would step down if he was part of the group that purchased the Dodgers.

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