NEW YORK (AP) Los Angeles Dodgers owner Frank McCourt has announced an agreement Monday night to sell the bankrupt team for 2 billion to a group that includes former Lakers star Magic Johnson and former Atlanta Braves and Washington Nationals President Stan Kasten.The agreement, revealed about five hours after Major League Baseball owners approved three finalists for the auction, is to lead to a transfer of the team by the end of April. It is subject to approval in federal bankruptcy court.Mark Walter, chief executive officer of the financial services firm Guggenheim Partners would become the controlling owner. The price would be easily a record for a North American sports franchise.As part of the agreement, the Dodgers said McCourt and "certain affiliates of the purchasers" would acquire the land surrounding Dodger Stadium for 150 million.The acquiring group, called Guggenheim Baseball Management, includes Mandalay Entertainment chief executive Peter Guber."This agreement with Guggenheim reflects both the strength and future potential of the Los Angeles Dodgers, and assures that the Dodgers will have new ownership with deep local roots, which bodes well for the Dodgers, its fans and the Los Angeles community," McCourt said.McCourt paid 430 million in 2004 to buy the team, Dodger Stadium and 250 acres of land that include the parking lots, from the Fox division of Rupert Murdoch's News Corp., a sale that left the team with about 50 million in cash at the time. The team's debt stood at 579 million as of January, according to a court filing, so even after the divorce payment, taxes and legal and banking fees, he stands to make several hundred million dollars.Kasten is expected to wind up as the team's top day-to-day executive.The other two finalists were:- Stan Kroenke, whose family properties own the NFL's St. Louis Rams, the NBA's Denver Nuggets, the NHL's Colorado Avalanche and Major League Soccer's Colorado Rapids, and who is majority shareholder of Arsenal in the English Premier League.- Steven Cohen, founder of the hedge fund SAC Capital Advisors and a new limited partner of the New York Mets; biotechnology entrepreneur Patrick Soon-Shiong; and agent Arn Tellem of Wasserman Media Group."I am thrilled to be part of the historic Dodger franchise and intend to build on the fantastic foundation laid by Frank McCourt as we drive the Dodgers back to the front page of the sports section in our wonderful community of Los Angeles," Johnson said in a statement.
LOS ANGELES — The Giants left their dugout quickly after Friday’s loss, escaping a celebration on the mound and a fireworks show in the sky. As Dodger Stadium shook with cheers, Bruce Bochy sat in the visiting clubhouse and smiled. He nodded at his laptop, which earlier had been used to pull up highlights of Japanese two-way star Shohei Otani.
“He’s good,” Bochy said, laughing. “I absolutely would play him every day.”
Earlier in the week, when it became known that Bobby Evans and Jeremy Shelley were headed to Japan to scout Otani, Bochy said he couldn’t imagine a player pitching and then moving to the outfield between starts. What changed?
Perhaps it was the tape Bochy saw. Otani throws 100 mph and hits homers with ease. Or perhaps it was the game he watched Friday. The Giants lost for the 94th time, with the big blow coming from a 22-year-old Dodgers star. Cody Bellinger’s blast was the difference in a 4-2 win, and the Giants don’t have a Bellinger, or anything close. Otani, 23, is a long shot for a team that very well could finish with the worst record in baseball. Still, he’s the kind of talent that could help pull the Giants closer in a hurry. He’s the kind of talent they haven’t developed in years, and Bochy certainly sounded a bit wistful as he talked of the power Bellinger has put on display.
“You call up a guy and he does that — that just doesn’t happen,” he said. “It’s a rare deal.”
The ninth inning of the Dodgers’ clincher reinforced that point for the Giants. They got a homer from Pablo Sandoval, but he’s playing only because Christian Arroyo — the Giants’ best prospect bet this year — is hurt. Ryder Jones, their 23-year-old prospect, struck out to end the night, dropping his average to .180.
That set off a celebration for Bellinger and the Dodgers. They have won five straight NL West titles, with three of the last four clinched against the Giants.
“Congrats to them,” Bochy said. “They’ve had a tremendous year across the board, and they’ve played great baseball. They brought some guys up that really did a great job for them. It’s well deserved.”
Bochy said it was not difficult to watch this one. The division has been wrapped up for months, with only a September slide keeping the Dodgers from clinching earlier.
“We knew what we were facing here,” Bochy said.
The Giants have two more against the Dodgers and then six more before a long winter. The Dodgers, on the other hand, will host an NLDS series here at Dodger Stadium. Both Bochy and starter Jeff Samardzija made the same observation, that the Dodgers will have a hard time cutting their deep roster down to 25 postseason players.
That’s a nice problem to have. It’s a foreign one right now for the Giants, who have a serious talent gap and no clear solutions internally. It’s no wonder, then, that Bochy has all of a sudden become so intrigued by a wondrous talent overseas.
LOS ANGELES — When the Giants gathered for spring training in February, team officials thought they had put together a rotation with four 200-inning arms. The starters didn’t come close to hitting that lofty goal, but one Giant got to the 200-inning mark Friday night.
Jeff Samardzija hit 200 innings in the third inning Friday night at Dodger Stadium, reaching the standard for the fifth consecutive season. Samardzija also became the first Giant this year to reach 200 strikeouts when he struck out Curtis Granderson to open the second inning. The right-hander will be the only member of the rotation to reach either milestone, with Madison Bumgarner and Johnny Cueto limited by injuries and Matt Moore having a down year.
“These guys like Jeff that are able to handle that workload that he does and log 200 innings and have durability, that’s invaluable,” manager Bruce Bochy said. “You look at what it does for the ‘pen but also the quality of innings he gives you. His record should be different with how he has thrown the ball — he can’t control that. But the workload itself is important.”
Samardzija became the first Giants right-hander to strike out 200 in a season since Tim Lincecum (220) in 2011. Samardzija joined Carlos Martinez as the only National League pitchers who have thrown 200 innings this year, and Max Scherzer, Jacob deGrom, Robbie Ray, Martinez and Zack Greinke in the league’s 200-strikeout club.