Billionaire Steven Cohen making big plans for Dodger bid

The East Coast-based hedge fund manager has hired the sports architecture firm Populous to look at possible renovations for Dodger Stadium, the LAT is reporting. Also being enlisted is super-agent Arn Tellem, who could wind up running the team if Cohen becomes the new owner, the Times says, citing sources. He emerged as a serious bidder several weeks ago.

Cohen also has met with several owners, although the focus of the discussions was less on securing the approval vote of those owners and more on the challenges of operating a professional sports team, according to people involved in the meetings. A participant in one of those meetings said he left with the impression that Tellem would run the Dodgers if Cohen won the bidding. Tellem would consider an executive position with the Dodgers but has not committed to taking one, according to a person who has spoken with him.

Don't forget a group being led by Magic Johnson that has also expressed an interest in owning the team. And there are several others.

Earlier: Hedge fund gazzilionaire prepares bid for Dodgers


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
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