McCourt gets $1.2b offer for Dodgers

Sports Log

September 02, 2011

Baseball

Dodgers owner Frank McCourt has been offered $1.2 billion for the financially troubled team in a bid headed by Los Angeles Marathon founder Bill Burke that would get funding from Chinese government-owned investment banks, the Los Angeles Times reported. The newspaper said money would come from “certain state-owned investment institutions of the People’s Republic of China’’ as well as unidentified American investors. The offer is roughly $800 million more than what McCourt paid for the Dodgers in 2004 … The sale of a minority stake in the New York Mets to hedge fund manager David Einhorn for $200 million fell through, denying the flagging franchise the money needed to repay a loan from Major League Baseball and bolster its operating capital. The Mets announced in May that Einhorn, president of Greenlight Capital Inc., would buy into the club. The Mets ownership group, led by Fred Wilpon, has been stuck in a legal and financial mess stemming from investments with Ponzi schemer Bernie Madoff.

Marlins’ Ramirez considering surgery Injured Marlins star Hanley Ramirez has left shoulder instability, and the shortstop is contemplating offseason surgery. Team president Larry Beinfest said there will be no decision on a course of action, or on whether Ramirez will play again this season, until the three-time All-Star sees Marlins doctor Lee Kaplan this weekend. Ramirez has been out since Aug. 2 … Braves righthander Jair Jurrjens plans to see a specialist after an MRI on his ailing right knee showed a bone bruise. Jurrjens is 1-3 with a 5.88 ERA in seven starts since the All-Star break … Indians outfielder Shin-Soo Choo’s rocky season hit another bump when he was placed on the 15-day disabled list with a strained side muscle. Choo spent seven weeks on the DL after undergoing surgery on a broken thumb … Stephen Strasburg allowed one hit over six shutout innings for Double A Harrisburg in what was expected to be his final minor league rehab start before he returns to the Washington Nationals.

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