NEW YORK (AP) — Joe Torre’s group has dropped out of bidding for the bankrupt Los Angeles Dodgers because current owner Frank McCourt won’t include the parking lots outside the stadium.
The decision, first reported by The Los Angeles Times, was conveyed to Major League Baseball executive vice president Rob Manfred in a letter from group head Rick Caruso and Torre. The letter was obtained by the Times and The Associated Press.
Caruso, a real estate developer, and Torre said in the letter that “if the circumstances of the sale change, we are prepared to re-engage in the process immediately.”
The Dodgers declined comment, spokeswoman Lyndsey Estin said.