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
Phil Birnbaum
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOT: NBC.news: Valve isn’t making one gaming console, but multiple ‘Steam machines’
(1514 - 11:38am, Feb 01)
Last: DJS and the Infinite Sadness

NewsblogOT - Politics January 2015 - Mario Cuomo, New York Governor and Minor League Ballplayer, Dies at 82
(4327 - 11:37am, Feb 01)
Last: bobm

NewsblogPuig says Cardinals are Dodgers' biggest adversary
(30 - 11:18am, Feb 01)
Last: Greg K

NewsblogWhere does the Mets' future lay? A look at the farm system and prospects | NJ.com
(4 - 11:17am, Feb 01)
Last: Russlan is fond of Dillon Gee

NewsblogJohn D'Acquisto Remembers the Late Charlie Williams
(12 - 11:11am, Feb 01)
Last: Batman

NewsblogPitchfork: Jack White Gets His Own Baseball Card
(263 - 11:03am, Feb 01)
Last: jyjjy

NewsblogMiLB.com: Mariners Prospect Arrested After ABL Brawl
(7 - 11:01am, Feb 01)
Last: Greg K

NewsblogOT: NFL/NHL thread
(11756 - 10:51am, Feb 01)
Last: Slivers of Maranville descends into chaos (SdeB)

NewsblogA platoon in right field could render Alex Rodriguez unnecessary - Pinstripe Alley
(6 - 10:48am, Feb 01)
Last: bobm

Hall of MeritMost Meritorious Player: 1902 Discussion
(12 - 10:10am, Feb 01)
Last: MrC.

NewsblogOT: Soccer January 2015
(426 - 9:20am, Feb 01)
Last: ursus arctos

NewsblogMinor League Legend Rocky Bridges Dies at 87
(15 - 8:38am, Feb 01)
Last: What's the realistic upside, RMc?

NewsblogA cut above: Best tools of Top 100 Prospects list | MLB.com
(3 - 2:04am, Feb 01)
Last: Dog on the sidewalk

NewsblogOT: Monthly NBA Thread - January 2015
(1723 - 1:34am, Feb 01)
Last: vagab0nd (no longer an outl13r)

NewsblogIs old school Pat Gillick the right man for his new job?
(43 - 10:24pm, Jan 31)
Last: bbmck

Page rendered in 0.1415 seconds
48 querie(s) executed