Groups led by Stanley Gold and Leo Hindery recently had their bids for the Los Angeles Dodgers rejected by Major League Baseball, but the two groups are now appealing to a mediator in an effort to be reinstated.
Stanley Gold and Leo Hindery, the leaders of the two Dodgers bid groups rejected by Major League Baseball, will appeal to a court-appointed mediator, two people familiar with the process said Thursday.
Joseph Farnan, the mediator overseeing the sale of the Dodgers for the U.S. Bankruptcy Court, is scheduled to hear from Gold and Hindery on Monday, the people said.
Farnan is expected to rule Tuesday. The 30 major league owners are expected to vote to approve or reject all remaining bidders next Thursday or Friday.
Things are probably not looking up for them though, just ask Alan Casden.
Alan Casden, the Beverly Hills developer rejected last week by MLB, was the first bidder to exercise the option to appeal. Farnan denied Casden’s appeal on Monday.
At this juncture, I’m having a hard time believing it’s going to be anybody but Steven Cohen or Magic Johnson, regardless of how the appeals go.