Good thing the St. Louis Rams hired a new general manager to help run the show at Rams Park, because the team's owner, Stan Kroenke, is going to be very busy over the next week. The 11 parties bidding on the Los Angeles Dodgers, which includes Kroenke, have been asked by the Blackstone Group to submit a revised bid within the next week, according to the Los Angeles Times.

Along with their revised bids, Kroenke and the others must identify investors, provide financing details and attach a five-year business plan for the franchise. The highlight of that business plan will likely revolve around the team's lucrative television rights.
The Dodgers' current deal with Fox expires after the 2013 season. Conservative estimates peg the Dodgers' broadcast rights to be worth $100 million annually, and that was before the LA Lakers inked a 20-year, $3 billion deal with Time Warner for their broadcast rights.
Any proposed business plan would most likely center on the creation of a new sports network, similar to what the Yankees have with the YES Network, or opening a bidding war for the team's rights with existing broadcasters. Stan Kroenke has some experience in this area. He created the Altitude Sports Network in 2004, which is anchored by the NBA's Nuggets and NHL's Avalanche, teams formerly owner by Kroenke until he turned them over to his son in order to be in compliance with the NFL's cross-ownership rules.
After submitting the revised bid and associated documentation to the Blackstone Group, the bidders will then go through a second round of cuts. The remaining bidders will be sent to Major League Baseball for a final round of vetting before Frank McCourt, the current owner, picks a winner by his self-imposed April 1 deadline.
MLB has a history of being itchy about allowing cross-ownership themselves, and Selig's office has been notorious for preferring people they know and people with connections to the game and the community. Hey, Enos Stanley Kroenke is named after former Cardinals great Enos Slaughter.
Names aside, if anything will help Kroenke's attempt for buying the Dodgers, it will be his deep pockets and experience with successfully running sports franchises. MLB will want a competitive Dodgers team as the crown jewel of the country's second largest media market.
MLB has said that they will approve up to 10 bidders.
Kroenke will have competition, fellow billionaires and people with long standing ties to the game and the sports business.
It was revealed last week that Memphis Grizzles owner Michael Heisley is also among the bidders. Heisley is a Chicago businessman who made his billions turning around moribund companies, similar to what he would be tasked to do with the Dodgers. Assisting Heisley would be Jerry West, a Lakers legend and a front office whiz who helped get the Grizzlies on track. Heisley is reportedly willing to spend the money to make the Dodgers a competitive team again, quickly.
On Feb. 2, ESPN personality and former MLB front office man Jim Bowden said that Kroenke was a front runner for the Dodgers, but it is hard to know that at this point in time. The next rounds of vetting from Blackstone and MLB will reveal much more about the process and Kroenke's standing in the race.
If Kroenke does end up buying the Dodgers, it would raise very real questions about the future of the Rams in St. Louis, far murkier territory than where things stand now in the Dome lease negotiations.
0 recs | 18 comments
Here's the complete list of bidders courtesy of the L.A. Times
Magic Johnson/Stan Kasten: Could soon be joined by richest man in L.A., Dr. Patrick Soon-Shiong.
Rick Caruso/Joe Torre: Not out of the running in the Soon-Shiong sweepstakes.
Steven Cohen/Arn Tellem: Cohen about to invest $20 million in Mets, able to spend 75-100 times as much on Dodgers.
Stan Kroenke: Owner of NFL’s St. Louis Rams could move L.A.’s football team back home.
Peter O’Malley: Former Dodgers owner backed by South Korean conglomerate E-Land.
Tony Ressler: Minority owner of Brewers has discussed partnership with O’Malley.
Leo Hindery/Tom Barrack: New York media executive has teamed with L.A. real estate investor and sportsman.
Stanley Gold/Disney family: That’s the family of the late Roy Disney, Walt’s nephew.
Jared Kushner: Publisher of New York Observer, son-in-law of Donald Trump.
Michael Heisley: Owner of NBA’s Memphis Grizzlies hired Jerry West to run his team.
Alan Casden: USC Board of Trustees includes Dodgers bidders Casden, Caruso, Gold.
Douglas M - February 16, 2012
Magic Johnson?
Damn.
RAMpage28 - February 16, 2012
So the group that includes Casden
includes Gold and Caruso? Why don’t they just team up with Torre? Wasn’t the last guy who did Disneys deals the guy who bought out ESPN and ABC? Michael Eisner, I think
Jebus H there’s a bunch of good old boys if I ever saw one
dbcouver - February 16, 2012
If Kroenke does end up the winner and owner...
will it ensure that the Rams stay in STL or move to LA? Honestly, I think he’s just trying to get a foothold into different markets… Having teams in Colorado, Stl, England, and maybe LA (Dodgers)? What if he’s just spreading his money around?? Am I the only one with a positive spin on this?
RamsIchor - February 16, 2012
If that is your thinking bro you are being very nieve if he gets The dodgers The rams are as good as gone as stan will have The land to build his own football stadium next to dodger stadium.
kevio3000 - February 16, 2012 via Android app
If he buys the Dodger he will have the stadium land, but he doesn't have the parking lot for the stadium. McCourt still ownes it and it has a estimated value of between $300 to $500 million
While this is a stumbling block for all the potential buyers, it so complicates the issue that I doubt Stan will be in the final round of bidders
Douglas M - February 16, 2012
bud selig had frank mcourts nuts squeezed tight as it is...
i think mcourt would just want to make this as painless as possible, and bounce outta dodge with whatever he makes, or has left.
Mark Jaramillo - February 16, 2012
LA needs Stan and his football team more than Stan and his football team need LA.
Last time I checked Stan can afford to fly his jet and doesn’t really have a need to have all his teams located in the same town. As for the cross ownership issue, I would suspect the NFL would have to waive it given that Stan would be grandfathered in. Even if that weren’t the case it’s a simple matter of transferring ownership to his son.
Why would he risks the capital on building a stadium in LA when he basically gets all the profits generated by the Ed Jones Dome in St Louis? I just don’t think it’s the slam dunk some seem to think it is that LA translates into more profit. Plus you can’t discount the reality that a LA move is one whale of a risk given the cost of building anything there.
I’m not saying he wouldn’t move to LA but I am saying the Dodger bid really isn’t a clear sign of any intent.
Sggladden - February 16, 2012
I can't help but look at this man
and wonder how he has $5 to his name
DCRamFan - February 16, 2012
I want to ask him to repair my watch... :-)
Douglas M - February 16, 2012
I want to give him
the $0.78, piece of gum, a booklet of McDonalds coupons………and maybe my best wishes
DCRamFan - February 16, 2012
Uugghh.
Wildcats, Bulldogs, Chargers, Express, Rams, Raiders, Avengers, Xtreme. LA just can’t keep football.
Two MLB teams, two NBA teams, two NHL teams, two MLS teams, one WNBA team. And all those teams struggle. And you wanna ad an NFL team to that mix, possibly two.
I think Stan should find something else to spend his money on.
Boofer - February 16, 2012
Naw if the NFL jumps into that pool
one of the others will splash out.
dbcouver - February 16, 2012
GO STAN
I hope he wins :D
joemammaz - February 16, 2012
NO STAN
I hope he loses :D
sergey606 - February 16, 2012
Afganistan
with loaded uzis :D
dbcouver - February 16, 2012
sorry I thought this was like a poetry thing or something
dbcouver - February 16, 2012
haha, i got it
sergey606 - February 17, 2012
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