Dodger Thoughts

Jon Weisman's outlet for dealing psychologically with the Los Angeles Dodgers, baseball and life

Tag: Patrick Soon-Shiong

Soon-Shiong tilts Dodger bidding process toward Cohen

Check (n)

1) a piece of paper that can represent big bucks with which to buy a baseball team
2) a position in chess indicating imminent victory

OK, so it’s not exactly Webster’s. Nevertheless, “check” seems to be the operative word now that, according to Bill Shaikin of the Times, Los Angeles multibillionaire Patrick Soon-Shiong has joined the ownership group of the richest man in the running for the Dodgers, Steven Cohen.

From Shaikin:

… Soon-Shiong would be the owner of an undetermined minority share of the Dodgers, the people said. Cohen had submitted a bid under which he would own 100% of the team.

The new bid, if successful, would put the Dodgers in the hands of primary investors worth more than $15 billion.

Soon-Shiong, 60, is a doctor, biotech investor and philanthropist. Forbes this month estimated the net worth of Cohen at $8.3 billion and Soon-Shiong at $7.2 billion.

Cohen last fall retained Populous, a prominent sports architecture firm, to recommend improvements to Dodger Stadium. Cohen is prepared to commit close to $2 billion to buy the Dodgers and renovate their stadium without financing any of that amount, according to a person familiar with the sale process.

Tim Leiweke, the president and chief executive of AEG, said he has met with Cohen to discuss the Dodgers. Leiweke is familiar with Soon-Shiong because of his investment in the Lakers.

“We both agree Steve would be a great owner,” Leiweke said. “He has the resources. He certainly has the passion to do it.

“He certainly gets the commitment it’s going to take with the team and the stadium.”

Leiweke said AEG has rejected overtures to join a Dodgers bidding group but would be willing to cooperate on stadium rehabilitation. …

With under two weeks to go until we’re supposed to hear a decision, it seems more and more likely that we’ll need to get to knowin’ Mr. Cohen.

Derrick and the ownership dominoes

Diamondbacks CEO Derrick Hall, the former Dodger executive recovering from prostate cancer, is the subject of a fantastic piece at Yahoo! Sports by Steve Henson. Parenthetically, as Steve Dilbeck of the Times notes, “several groups in the running to purchase the team from Frank McCourt have already approached Hall about becoming the Dodgers’ lead executive should they prove to have the winning bid.”

In another blog post, Dilbeck passes along this Ray McNulty interview for TCPalm.com with Peter O’Malley, who reiterated that his direct involvement in Dodger operations, should he return as owner, probably would be a year or less. “Things need to be stabilized, and I’d have a role in that,” O’Malley said. “But beyond that, the key is to bring in good management people to run the day-to-day operation.”

O’Malley has investment support from South Korean conglomerate E-Land, according to Bill Shaikin of the Times.

Meanwhile, Jon Heyman writes at CBSSports.com about the possibility of billionaire Patrick Soon-Shiong pushing the Magic Johnson-fronted ownership group to the head of the pack.

  • Late bloomer Scott Van Slyke is the subject of a feature by Ken Gurnick at MLB.com that gives you some development background on the first baseman-outfielder you might have missed.
  • Howard Megdal has an interesting comparison of Edwin Jackson and Jason Schmidt at MLB Trade Rumors.

    … The year was 2001. The Diamondbacks had just beaten the Yankees in the World Series. George Harrison died. Anthrax was in the air.

    But none of that stopped Jason Schmidt. The righty, about to enter his age-29 season, had put up an ERA+ of 107 while pitching for two teams. For his career, his ERA+ stood at 99, with career walk rate of 3.8 per nine innings and a strikeout rate of 6.9 per nine innings. He was rewarded with a five-year, $41MM contract from San Francisco.

    Fast forward ten years, and look at Edwin Jackson. The righty, about to enter his age-29 season, has just put up an ERA+ of 106 while pitching for two teams. For his career, his ERA+ stands at 97, with a walk rate of 3.7 per nine innings and a strikeout rate of 6.7 per nine innings. And he can’t find a job.

    If Schmidt is any indication, today’s teams are missing an opportunity for a bargain. Over his next five seasons, Schmidt pitched just over 1,000 innings at an ERA+ of 127. He made three All Star teams, finished in the top four of Cy Young voting twice, won an ERA title in 2003, and reduced his walks to 3.2 per nine while elevating his strikeouts to 9.0 per nine. He was well worth that $41MM investment. …

    Jackson might settle for a one-year deal for 2012.

  • Jayson Stark’s All-Unemployed team, at the bottom of his latest column for ESPN.com, includes Jackson and Aaron Miles, among others.
  • Today in Jon SooHoo: Joel Guzman, Jonathan Broxton, Willy Aybar, Russell Martin, Matt Kemp and Andre Ethier together in 2006.
  • American-Japanese minor-league pitcher Robert Boothe was released by the Dodgers, according to Matt Eddy of Baseball America.
  • Bill Petti at Beyond the Boxscore looks at which teams had the most players producing  negative Wins Above Replacement since 2002. The Dodgers were in the better half.
  • Justin Timberlake will play a young baseball scout opposite Clint Eastwood as an older scout in upcoming feature film “Trouble With the Curve,” Jeff Sneider and Justin Kroll of Variety report. Amy Adams will play Eastwood’s daughter.
  • As for my day at the office, it included a blog post looking at the present and future of the post-Steve Carell “The Office.” I’m thinking mine is a minority view, but see if I convince any of you.
  • Congrats to Tom Hoffarth of the Daily News, who won a special appreciation award at the Southern California Sports Broadcasters Hall of Fame. Some guys named Kershaw, Monday and Scully also got mentioned for some honor or other.

Wow, where did all these links come from?

A bundle of clickable goodness today …

  • Andre Ethier had some interesting comments in an interview Tuesday with ESPN AM 710.

    … Asked about wanting to be with the Dodgers long-term, Ethier said, “It comes down to the security part, too, but it also comes down to unfinished business and I feel like, yeah, I’m facing that decision now where hopefully it doesn’t come down to me having to leave and [I can] be a part of this team when we start rebounding and getting back to where we need to be.”The ownership limbo seemingly affected the Dodgers’ ability to deal in free agency this offseason, with general manager Ned Colletti saying earlier this month the team was essentially done with its offseason acquisitions because “we’re at our payroll.” So when news broke Tuesday of the Detroit Tigers nearing a deal with marquee free agent Prince Fielder, it wasn’t lost on Ethier.

    “Why can’t the Dodgers be doing that? Look at the markets those two teams are, and the stability you see through the front office and the team being able to operate … on the level it should be,” he said, adding, “you don’t try to think of it too much as a player, but obviously if you’re not going after the big fish like other teams are, like our partners are down there to the south of us, the Angels [who acquired Albert Pujols], it’s tough to go out there and keep competing year after year if you’re not going out there and making your team better every year. “I think that’s the situation we’ve been in. Obviously it’s going to get better from here on out because of the sell and getting new people in there.”

    Ethier, who hit .292 with 11 home runs and 62 RBIs in 2011 before ending the season with a right knee injury, said he’s aiming for a “strong, solid” 2012.

    “I’ve kind of dealt with this knee thing for the past two years, put it off for one off-season and then last season it just became a thing where a lot of things started multiplying and getting worse and something where I couldn’t quite get back my swing … It was very frustrating and I learned a lot from that.”

  • Ethier participated in a prank on Dustin Pedroia for a Boston radio station. Roberto Baly of Vin Scully Is My Homeboy has more.
  • Matt Kemp’s new contract looks even more valuable in the wake of the Prince Fielder signing, writes Mike Petriello of Mike Scioscia’s Tragic Illness.
  • Tim Brown of Yahoo! Sports offers up a wintertime preview of their 19th-ranked MLB team, the 2012 Dodgers.
  • Former Dodger co-owner and managing partner Bob Daly had even more to say Tuesday (in an interview with T.J. Simers of the Times) than Ethier. Daly is highly critical of Frank McCourt, critical of the Dodgers’ offseason signings and critical of himself for not trading prospects for a bat in the middle of the 2002 season — though I would say that was a period in which the Dodgers didn’t have a whole lot of trade value in the system.
  • Steve Dilbeck of the Times wonders if the potential interest of St. Louis Rams owner Stan Kroenke in buying the Dodgers could be the first domino that leads to Frank McCourt becoming an NFL minority owner.
  • In a separate post, Dilbeck also offers why the Dodgers might win the National League West, despite all their uncertainty.
  • Just when I think I can’t read any more Hall of Fame voting insight, here comes Lewie Pollis of Behind the Boxscore with a new take, about what he calls “a mistaken assumption about the balloting process: that writers’ own observations of players were expected to be primary factors in their votes.”
  • Daryle Ward, who infamously batted .183 and slugged .193 at age 28 for the 2003 Dodgers, received a 50-game suspension from MLB for testing positive for a banned amphetamine. Ward, who has a .768 lifetime OPS, hasn’t played in the majors since 2008.
  • Former Dodger infielder Wilson Valdez, who ended up the winning pitcher for the Phillies over the Reds in a 19-inning game last May, was traded to the Reds today.
  • There’s speculation about whether Patrick Soon-Shiong, who owns 4.5 percent of the Lakers, will get involved with a Dodger ownership bid, such as Magic Johnson’s. Bill Shaikin of the Times addresses it today. Soon-Shiong bought Johnson’s share of the Lakers in 2010. Arash Markazi of ESPNLosAngeles.com interviewed Soon-Shiong in November.
  • The Left Field Pavilion blog has invited all prospective Dodger owners to come out to the Dodger blogs softball tournament February 11 and “meet the bloggers and fans of the team you are trying to purchase.”
  • Cuban outfielder Yoenis Cespedes, 26, is about to become a free agent that MLB teams can bid on. More on Cespedes at Baseball America. The Dodgers are not rumored to be pursuing him. “Projections based off his Cuban numbers show a good but not great hitter with 25-homer power and poor strike-zone control,” writes Aaron Gleeman of Hardball Talk.
  • Sam Miller of the Orange County Register is quickly emerging as a baseball writer of the highest order. He has two new freelance pieces: an account of Scott Boras’ beginnings as an agent for Baseball Prospectus, and a pitch-by-pitch account of how the Angels signed Albert Pujols and C.J. Wilson for ESPN the Magazine.
  • Kevin Kaduk at Yahoo! Sports blogs about a law in Florida “that any ballpark or stadium that receives taxpayer money shall serve as a homeless shelter on the dates that it is not in use.”

This one goes to 11-11-11


Getty ImagesManny Mota Mota Mota …

There has still been no contact from the kidnappers of Washington catcher Wilson Ramos, more than a day since he was abducted. But Venezuelan authorities have said they are confident they will find him.

I can’t tell that this story is getting the coverage it deserves, although it is mostly just a painful waiting game. I’m thinking my best thoughts.

* * *

Catching up on some Dodger ownership news and notes:

  • Orel Hershiser tells the skeptics his group will have the dough, reports Ramona Shelburne of ESPNLosAngeles.com.
  • Shelburne writes that the new owners, whoever they are, need to look toward the future to be successful, not the past.
  • Patrick Soon-Shiong, who bought Magic Johnson’s minority stake in the Lakers last year and reportedly the richest man in Los Angeles, has been approached by at least one Dodger ownership group, reports Arash Markazi of ESPNLosAngeles.com.
  • One ownership candidate who has the money is former Buffalo Sabres owner Tom Golisano, write Craig Karmin and Matthew Futterman of the Wall Street Journal. However, the Journal says “he has never attended a game at Dodger Stadium and is a lifelong New York Yankees fan.” That’ll go over well.
  • Jill Painter of the Daily News has a solid interview with Peter O’Malley. “First, I’m blessed with good health,” O’Malley said. “Second, the challenge. Thirdly, I do believe I can do it better than anybody else. Maybe that doesn’t sound right, but I don’t know how else to say it.
  • Dodger sale news combined with a reduction in prices has boosted Dodger season-ticket sales 30% compared to this time last year, writes Bill Shaikin of the Times. Season-ticket sales dropped from 27,000 four years ago to 17,000 this past season.

* * *

Elsewhere …

  • Mike Petriello of Mike Scioscia’s Tragic Illness writes about the early signs that 2012 free-agent contracts will be insane.
  • Related … Tim Brown of Yahoo! Sports writes that the Phillies’ four-year, $44 million offer to reliever Ryan Madson might be so high that it has Major League Baseball concerned and might be slowing locking down the next collective bargaining agreement.
  • Might Rod Barajas’ ability to frame pitches be a reason he deserved a $4 million deal from the Pirates? Matthew Pouliot of Hardball Talk thinks it’s possible.
  • Former Dodger executive Derrick Hall of the Diamondbacks had successful surgery to remove his prostate in response to cancer.
  • Former Dodger outfielder Mike Marshall has been named manager of the independent San Rafael Pacifics, notes Dave Allen of the Marin Independent Journal, and his wife Mary will be assistant general manager. The Marshalls had the same roles with Chico.
  • Jim Breen of Fangraphs says that hard salary slotting for MLB draft picks would be bad for the game, and uses the Dodgers’ Zach Lee as a reason why.
  • Shawn Green, Brad Ausmus and Gabe Kapler have joined forces to try to guide Israel into qualification for the 2013 World Baseball Classic. “While it remains unclear if the recently retired players will take the field themselves, their involvement provides an immediate boost to Israeli baseball, which remains a niche sport in a country where soccer and basketball reign supreme,” writes The Associated Press.
  • Clayton Kershaw and Roy Halladay tied for the SB Nation National League Cy Young vote. Kershaw got 14 first-place votes to Halladay’s 13, but Kershaw also received a fifth-place vote from Padres blog Gaslamp Ball, which provides an unimpressive explanation to say the least.
  • No Dodger connection here, just wanted to pass this along – Norwegian film “King Curling” is “a hilarious take on the mock-heroic sporting-underdog genre,” writes Leslie Felperin of Variety.

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