AP source: 7 Dodgers bidders to interview with MLB
Monday, February 27, 2012
NEW YORK (AP) -- A person familiar with the process tells The Associated Press that seven bidders for the Los Angeles Dodgers, including Magic Johnson and Stan Kroenke, will interview with baseball's ownership committee in the next step toward selling the bankrupt team.
The person spoke Monday on condition of anonymity because the talks were to be confidential.
Major League Baseball is considering groups for approval before owner Frank McCourt selects the winner of the auction, which is likely to be for more than $1 billion. The sale is to be completed by the end of April.
Johnson's group includes former Atlanta Braves and Washington Nationals President Stan Kasten and Mark Walter, chief executive officer of Guggenheim Partners.
Other groups include Alan Casden, Steven Cohen, Leo Hindery, Jared Kushner and Stanley Gold.