Bill Burke, the founder of the LA Marathon, has offered to buy the Dodgers from current LA Marathon owner Frank McCourt for $1.2 billion--the bid is funded at least in part by "state-owned investment institutions of the People's Republic of China." The LA Times reports: "The bid terms proposed by the Burke group call for an all-cash payment to buy the Dodgers, all real estate related to the team and the team's media rights." The bid expires in three weeks. [LAT]
Filed under:
LA Marathon Founder/Chinese Want the Dodgers
The Latest
Curbed LA Is Closing
Head to Curbed.com — soon to be a part of the New York Magazine family — for more of the Curbed LA that you know and love.
Koreatown Craftsman With Lots of Hand-Carved Woodwork Asks $1.5M
Built in 1910, the house sits on a lush property that includes a recording studio out back.
Loading comments...