The Los Angeles Dodgers may end up with a prominent home-town owner, reports the Los Angeles Times. That owner would be the Disney family.
The family of the late Roy Disney, who had a net worth of $1.4 billion in 2007, has tapped Stanley Gold to make a bid for the team, according to the story. Gold, who worked with Roy Disney to push for former Disney Chief Executive Michael Eisner’s ouster, also runs the Disney family investment firm. Roy Disney was the nephew of Walt Disney.
Gold is in talks with potential investors, the piece notes, adding the Disney family’s current net worth isn’t known. Outgoing Dodgers owner Frank McCourt may be seeking at least $1.6 billion for the team, the story adds.
The Disney family would protect the Dodgers’ brand name the way it looks after the Disney name, the story says, citing an unnamed person familiar with the talks. The team would be held as a private investment, the piece adds.
The family previously owned the Angels when the team won the World Series in 2002, but sold the team in 2003, according to the story.
Gold and members of Roy Disney’s family declined to comment.
Gold serves on the USC Board of Trustees with Jamie McCourt, the ex-wife of Frank McCourt, as well as Rick Caruso, a developer working with Joe Torre on a separate bid, the piece points out.