Frank McCourt's financial troubles have been well-documented, but the Dodgers owner could sell his team for more than any MLB franchise in history. McCourt has been offered $1.2 billion to sell the Dodgers, according to Bill Shaikin of the LA Times. Los Angeles Marathon founder Bill Burke headed the bid, which includes funding from Chinese and American investors.
Both Burke and a spokesman for McCourt declined to comment to Shaikin. McCourt has discussed the sale of a partial share of the Dodgers with at least two others groups, Shaikin reports. Burke's group is offering a cash payment for the team plus all related real estate and media rights. The bid would expire in 21 days with the goal of closing a sale within 90 days, according to Shaikin.
The Cubs sold for $845MM two years ago and that remains the record sale price for an MLB franchise.
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Frank McCourt Gets $1.2 Billion Offer For Dodgers
Sep 1, 2011 at 1:43 PM
- VDSF
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Sep 1, 2011 at 2:24 PM
- itlynstalyn
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Fake and gay
Sep 1, 2011 at 5:15 PM
- boast
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f**k the dodgers!
Sep 1, 2011 at 5:24 PM
- crzy
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H'e dbe a f**king idiot not to take this deal
Sep 1, 2011 at 8:01 PM
- VDSF
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Originally posted by crzy:
H'e dbe a f**king idiot not to take this deal
This! Plus Tax!!!!
Sep 1, 2011 at 8:13 PM
- AXEGRINDER
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Originally posted by crzy:H'e dbe a f**king idiot not to take this deal
I hope he's an idiot
Sep 2, 2011 at 1:28 AM
- SanDiego49er
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Well he should take that then.
Sep 2, 2011 at 6:51 AM
- socal9er42
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Originally posted by crzy:
H'e dbe a f**king idiot not to take this deal
I think it's already been amply demonstrated that he's an idiot - don't know if he'll take the deal, though.
An ego maniac that gets off on being an owner.
Sep 2, 2011 at 7:10 AM
- Rubberneck36
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Originally posted by boast:
f**k the dodgers!
this x1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
should I keep going?
Mar 18, 2012 at 2:05 AM
- emburyxiuqu
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Plus Tax!!!!
Mar 18, 2012 at 3:25 AM
- Niners99
- Veteran
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One of the investor groups that are now focusing on keeping the A's in Oakland said they backed out of the Dodgers bidding because it was going to go north of 1.5 bil.
Mar 18, 2012 at 7:49 AM
- ImaMod
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fuuuu thats crazy
Mar 18, 2012 at 8:55 AM
- pdizo916
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IMO, the Dodgers aren't even worth $1.20
Mar 18, 2012 at 11:32 AM
- 80sbaby24
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This is why the Giants needed to have broken the bank to win another Championship in the next 2-3 years. Wont be nearly as easy after that....and I could see the NL West becoming a powerhouse division.
Mar 18, 2012 at 11:38 AM
- pdizo916
- Member
- Posts: 38,241
Originally posted by 80sbaby24:
This is why the Giants needed to have broken the bank to win another Championship in the next 2-3 years. Wont be nearly as easy after that....and I could see the NL West becoming a powerhouse division.
don't pay for things that you cannot afford. I do not want Prince or Albert for the number of years.
