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

NewsblogOT: Politics, October 2014: Sunshine, Baseball, and Etch A Sketch: How Politicians Use Analogies
(4567 - 9:17am, Oct 30)
Last: Merton Muffley

NewsblogJoe Maddon is to become Cubs manager, sources say
(53 - 9:17am, Oct 30)
Last: McCoy

NewsblogMadison Bumgarner, World Series legend - McCovey Chronicles
(9 - 9:16am, Oct 30)
Last: Harveys Wallbangers

NewsblogOT: NBC.news: Valve isn’t making one gaming console, but multiple ‘Steam machines’
(960 - 9:15am, Oct 30)
Last: PASTE Thinks This Trout Kid Might Be OK (Zeth)

NewsblogSan Francisco Giants at Kansas City Royals - October 29, 2014 | MLB.com Box
(30 - 9:03am, Oct 30)
Last: Steve Parris, Je t'aime

NewsblogJapan Times: Nakamura belts three-run homer in 10th to put Hawks one win away from Japan Series title
(7 - 8:55am, Oct 30)
Last: Bourbon Samurai

Newsblog2014 WORLD SERIES GAME 7 OMNICHATTER
(1426 - 8:55am, Oct 30)
Last: bunyon

NewsblogHeyman: Pablo Sandoval is on Boston's 3B wish list, but so is Chase Headley
(25 - 8:14am, Oct 30)
Last: PASTE Thinks This Trout Kid Might Be OK (Zeth)

NewsblogOT: Monthly NBA Thread - October 2014
(571 - 7:42am, Oct 30)
Last: Der-K and the statistical werewolves.

NewsblogRoad maps to pitching success in Game 7 | FOX Sports
(9 - 1:14am, Oct 30)
Last: Ray (RDP)

NewsblogESPN: Jose Canseco shoots self in hand
(66 - 11:53pm, Oct 29)
Last: eric

NewsblogOT:  Soccer (the Round, True Football), November 2014
(15 - 11:14pm, Oct 29)
Last: CWS Keith plans to boo your show at the Apollo

NewsblogOT:  October 2014 - College Football thread
(509 - 10:55pm, Oct 29)
Last: Tulo's Fishy Mullet (mrams)

NewsblogNobody knows anything about Game 7 | FOX Sports
(25 - 8:34pm, Oct 29)
Last: Joyful Calculus Instructor

NewsblogVanguard after the Revolution | NBC SportsWorld
(48 - 5:24pm, Oct 29)
Last: RMc is a fine piece of cheese

Page rendered in 0.1561 seconds
52 querie(s) executed