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SAC's Cohen Submits Bid for LA Dodgers
December 28, 2011
SAC Capital Advisors Founder Steven Cohen is bidding for the Dodgers. A source said that Cohen “is among the first bidders submitted to Major League Baseball for approval.” Initial bids for the Dodgers are due Jan. 13. 
Cohen has retained Allen & Company sports broker Steve Greenberg, who formerly served as MLB Deputy Commissioner. Sources said that Cohen also “has met with several owners, although the focus of the discussions was less on securing the approval vote of those owners and more on the challenges of operating a professional sports team.” He has also retained Populous “to suggest changes to Dodger Stadium that would enhance comfort and safety.” If he were to buy the Dodgers, he “probably would invite local investors.” Cohen earlier this year “explored bidding” for a minority share of the Mets. [LA Times 12/28/11]
Cohen has retained Allen & Company sports broker Steve Greenberg, who formerly served as MLB Deputy Commissioner. Sources said that Cohen also “has met with several owners, although the focus of the discussions was less on securing the approval vote of those owners and more on the challenges of operating a professional sports team.” He has also retained Populous “to suggest changes to Dodger Stadium that would enhance comfort and safety.” If he were to buy the Dodgers, he “probably would invite local investors.” Cohen earlier this year “explored bidding” for a minority share of the Mets. [LA Times 12/28/11] Related Stories: Archive
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