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Dodgers Ownership Links: Garvey/Hershiser, Bids

Here's the latest on the sale of the Dodgers...

  • Last night we heard that at least eight potential buyers have advanced to the second round of the bidding process, and Bill Shaikin of The Los Angeles Times reported today (on Twitter) that the Garvey/Hershiser group was not selected to advance.
  • Bidding for the Dodgers is now north of $1.2 billion, reports ESPN's Buster Olney (Twitter links), while Jon Heyman of CBSSports.com (via Twitter) hears there is at least one bid in the range of $1.5 billion. Bob Nightengale of USA Today (via Twitter) is convinced the team will sell for $1.7 billion, but wouldn't be surprised if sold for a little bit more.
  • There is a lot going on behind the scenes, and as Steve Dilbeck of The Los Angeles Times explains, the process will continue to be shrouded in secrecy.

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