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Bloomberg BusinessWeek
Senior writer for Bloomberg BusinessWeek
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Roben Farzad
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FROM Roben Farzad
Which Way, L.A.?
Dodgers' Ownership, Past and Future All of Los Angeles knows that the Dodgers are up for sale, and the first round of bidding is over. The first week of this month, prospective owners who made the cut got tours of the Stadium and Chavez Ravine, and several paid visits to Magic Johnson. One of the bidders is Peter O'Malley, who sold the Dodgers to News Corp, which sold it to the team's current owner. Frank McCourt, who bought the controlling interest for some $430 million in 2004, is reported to have turned down a bid to sell for $1.2 billion.
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