Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo
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

donate

Thanks to
Francis
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogDaniel Bryan's 'YES!' chant has spread to the Pirates' dugout
(99 - 7:06am, Apr 20)
Last: NJ in DC (Now unemployed!)

NewsblogBryce Harper benched for 'lack of hustle' despite quad injury
(53 - 7:05am, Apr 20)
Last: The Id of SugarBear Blanks

NewsblogOT: The Soccer Thread March, 2014
(920 - 7:04am, Apr 20)
Last: The John Wetland Memorial Death (CoB)

NewsblogChase Utley is the hottest hitter in baseball and has a shot at .400
(59 - 3:03am, Apr 20)
Last: esseff

NewsblogOTP April 2014: BurstNET Sued for Not Making Equipment Lease Payments
(1738 - 2:53am, Apr 20)
Last: CrosbyBird

NewsblogDoug Glanville: I Was Racially Profiled in My Own Driveway
(364 - 2:31am, Apr 20)
Last: Rob_Wood

Newsblogmets.com: Through hitting system, Mets aim to build winner
(9 - 1:43am, Apr 20)
Last: Benji

NewsblogI Don’t Care If I Ever Get Back — And I Might Not
(4 - 1:21am, Apr 20)
Last: Joyful Calculus Instructor

NewsblogRB: Carlos Beltran: more of a center fielder than Mickey Mantle, Ty Cobb or Duke Snider. So what?
(40 - 1:06am, Apr 20)
Last: LargeBill

NewsblogA’s Jed Lowrie “flabbergasted” by Astros’ response to bunt
(13 - 12:53am, Apr 20)
Last: theboyqueen

NewsblogPirates Acquire Ike Davis From Mets
(38 - 12:45am, Apr 20)
Last: Ray (RDP)

Jim's Lab NotesWe're Moved! (And Burst.net can bite me!)
(102 - 12:40am, Apr 20)
Last: kthejoker

NewsblogBaseball Researcher: Some Very Fortunate Footage
(4 - 12:28am, Apr 20)
Last: KT's Pot Arb

NewsblogOMNICHATTER FOR APRIL 19, 2014
(65 - 12:08am, Apr 20)
Last: Rickey! In a van on 95 south...

NewsblogOT: The NHL is finally back thread, part 2
(153 - 11:23pm, Apr 19)
Last: Fear is Moses Taylor's Bacon Bits

Demarini, Easton and TPX Baseball Bats

 

 

 

 

Page rendered in 0.1597 seconds
52 querie(s) executed