Advertisement

Steven Cohen tours Dodgers’ spring home

Share

Steven Cohen, the hedge-fund billionaire bidding to buy the Dodgers, received a private tour of the team’s spring home on Saturday.

Cohen flew to the Phoenix area in advance of Monday’s meetings between Dodgers bidders and a committee of Major League Baseball owners.

Cohen is widely considered one of three favorites to buy the team, along with St. Louis Rams owner Stan Kroenke and a group led by Magic Johnson and veteran baseball executive Stan Kasten.

Advertisement

Cohen has an estimated net worth of $8.3 billion and Kroenke an estimated net worth of $3.2 billion, according to Forbes.

The other candidates include Stanley Gold and the family of the late Roy Disney; a group led by New York media investor Leo Hindery and Southern California billionaire Tom Barrack; a group led by Memphis Grizzlies owner Michael Heisley and Los Angeles investor Tony Ressler; and Beverly Hills real estate developer Alan Casden.

Final bids are scheduled to be submitted March 16. The sale agreement between Dodgers owner Frank McCourt and MLB requires him to identify the new owner by April 1 and complete the sale by April 30.

The news of Cohen’s tour of Camelback Ranch was first reported by mlb.com.

Advertisement