Mark Cuban plans to take part in Dodgers bidding process
Mark Cuban, the owner of the NBA champion Dallas Mavericks, said Thursday that he plans to participate in the bidding process for the Dodgers.
The process could begin next week, when the investment bank handling the sale of the Dodgers is expected to provide prospective buyers with confidential financial data in a bid book.
He “will see a book,” Cuban wrote in an email.
Cuban told The Times last month that he had inquired about buying the Dodgers but “wasn’t interested” at an asking price of at least $1 billion.
Dodgers owner Frank McCourt subsequently agreed with Major League Baseball on a deal in which he would sell the team and its stadium but keep the surrounding parking lots, subject to a lease that would guarantee the new owner could use the lots on game days.
As part of his due diligence, Cuban said, he would explore whether the exclusion of the parking lots might reduce the purchase price of the team.
He “will take a look and determine if one impacts the other,” Cuban wrote.
Cuban previously pursued the Chicago Cubs and Texas Rangers. He said last month he would not be interested in the Atlanta Braves if that franchise were put up for sale.
“I like franchises that need a lot of help,” he told the Atlanta Journal-Constitution. “The Braves have a great franchise.”
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