Baseball for the Thinking Fan

Login | Register | Feedback

You are here > Home > Baseball Newsstand > Baseball Primer Newsblog > Discussion
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand

Sunday, May 13, 2012

LATimes: Former Dodgers bidder could take chance with Padres

If you can’t buy ‘em, beat ‘em. That could be the motto for Steven Cohen, the hedge-fund billionaire and runner-up in the bidding for the Dodgers.

The San Diego Padres are up for sale, and Cohen is thought to be one of at least five potential buyers cleared by Major League Baseball to review the team’s confidential financial data.

Cohen already owns a small stake in his hometown New York Mets, but the majority owners of the Mets appear to have staved off the legal and financial distress that might have enabled Cohen to buy them out completely. Forbes estimates Cohen’s net worth at $8.3 billion.

Peter O’Malley and his family also are interested in the Padres.

The Padres are expected to be sold by the end of the season, leaving a new owner to try to bridge the widening gap between the cuddly little Friars and the newly capitalized Dodgers.

Tripon Posted: May 13, 2012 at 02:49 PM | 1 comment(s) Login to Bookmark
  Tags: padres

Reader Comments and Retorts

Go to end of page

Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.

   1. Tripon Posted: May 13, 2012 at 09:26 PM (#4130829)
BTW, Bill Shaikin says the asking price will be $600 million.

You must be Registered and Logged In to post comments.



<< Back to main

BBTF Partner

Support BBTF


Thanks to
Rough Carrigan
for his generous support.


You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOT - November* 2015 College Football thread
(1108 - 10:22pm, Nov 28)
Last: Mike Webber

NewsblogRoyals: Making Contact and Winning Championships
(14 - 10:20pm, Nov 28)
Last: cardsfanboy

NewsblogWhat awaits in negotiations for Major League Baseball's next labor deal?
(37 - 9:59pm, Nov 28)
Last: snapper (history's 42nd greatest monster)

(1002 - 9:45pm, Nov 28)
Last: bobm

NewsblogComcast takes shot at Yankees in dispute as cable operator says not many folks watching the games on YES
(18 - 9:28pm, Nov 28)
Last: bobm

NewsblogRod Carew opens up about his private life and his near-death experience
(73 - 9:11pm, Nov 28)
Last: What did Billy Ripken have against ElRoy Face?

NewsblogHow Colby Rasmus' big contract played a role in trading Jed Lowrie - Houston Chronicle
(28 - 9:11pm, Nov 28)
Last: Walt Davis

NewsblogOT: Monthly NBA Thread - November 2015
(1318 - 9:07pm, Nov 28)
Last: JC in DC

NewsblogMLB to investigate Dodgers' Yasiel Puig for role in reported fight - LA Times
(51 - 8:44pm, Nov 28)
Last: You Know Nothing JT Snow (YR)

NewsblogChris Davis and the 'hometown discount' - Baltimore Sun
(10 - 8:39pm, Nov 28)
Last: Walt Davis

NewsblogWhy did Braves trade Andrelton Simmons? | Atlanta Braves blog
(38 - 6:47pm, Nov 28)
Last: Rickey! something like a pipe-bomb ready to blow

NewsblogAlex Gordon a Value Buy in Free Agency | FanGraphs Baseball
(27 - 5:19pm, Nov 28)
Last: Harveys Wallbangers

NewsblogDavid Price would be right move for Red Sox - The Boston Globe
(4 - 2:44pm, Nov 28)
Last: Walt Davis

NewsblogOT: Soccer in November 2015
(135 - 11:57am, Nov 28)
Last: The John Wetland Memorial Death (CoB)

Hall of MeritMost Meritorious Player: 1911 Ballot
(11 - 11:52am, Nov 28)
Last: Chris Fluit

Page rendered in 0.2282 seconds
47 querie(s) executed