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

News

All News | Prime News

Old-School Newsstand


BBTF Partner

Support BBTF

donate

Thanks to
Darren
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogCashman: Yankees will ‘send Frazier out’ when Hicks returns | New York Post
(1 - 8:57am, Jul 21)
Last: JJ1986

NewsblogShould Washington celebrate Ryan Zimmerman’s franchise HR record? It’s complicated.
(50 - 8:51am, Jul 21)
Last: Rennie's Tenet

NewsblogKevin Maitan Thrilled To Be Finally Be Out In The Field | BaseballAmerica.com
(3 - 8:49am, Jul 21)
Last: Batman

NewsblogAmerica Has Spoken: The Yankees Are The Worst
(21 - 8:42am, Jul 21)
Last: ERROR---Jolly Old St. Nick

NewsblogOTP 17 July 2017: Love is baseball, family. Keep the politics out
(1190 - 8:42am, Jul 21)
Last: Jess Franco

NewsblogOT-NBA off season thread
(1214 - 8:35am, Jul 21)
Last: JC in DC

NewsblogPablo Sandoval signing with Giants | MLB.com
(25 - 8:29am, Jul 21)
Last: jacksone (AKA It's OK...)

NewsblogNYDN: Todd Frazier hopes to talk to Paul O’Neill about wearing No. 21 with Yankees
(28 - 6:18am, Jul 21)
Last: villageidiom

NewsblogMas weighing options amid Marlins’ refusal to grant exclusive window
(28 - 2:47am, Jul 21)
Last: LA Podcasting Hombre of Anaheim

NewsblogWith friends like this, who needs OMNICHATTER, for July 20, 2017
(30 - 1:33am, Jul 21)
Last: Lance Reddick! Lance him!

NewsblogTigers OF J.D. Martinez traded to Diamondbacks for prospects
(31 - 11:44pm, Jul 20)
Last: ReggieThomasLives

NewsblogTaking Back the Ballparks - San Francisco Giants
(149 - 10:46pm, Jul 20)
Last: the Hugh Jorgan returns

NewsblogNolan Arenado's 3 homers leads Rockies' rout | MLB.com
(17 - 10:21pm, Jul 20)
Last: Walt Davis

NewsblogThe Last Cowboy: Joe West Is On A Quest To Preserve The Sanctity Of Umpiring
(8 - 10:08pm, Jul 20)
Last: LA Podcasting Hombre of Anaheim

Gonfalon CubsThe Biggest Fixes
(65 - 10:06pm, Jul 20)
Last: Spahn Insane, stimulus-funded BurlyMan™

Page rendered in 0.1295 seconds
47 querie(s) executed