A group that has bid $1.2 million for the struggling Dodgers is large, and includes some Chinese investors!
Embattled Los Angeles Dodgers owner Frank McCourt has received a record $1.2 billion, all-cash bid for the franchise, with some of the money coming from investors linked to the Chinese government, according to the Los Angeles Times.
The offer comes from Los Angeles Marathon founder Bill Burke and would be funded by American investors and "certain state-owned investment institutions of the People's Republic of China," according to a letter sent to McCourt and obtained by the Times.
People are skeptical about this offer, as the Dodgers were valued at $800 million by Forbes last year. Which might actually be less now, due to the financial troubles they're in.
McCourt still maintains that he doesn't want to sell the franchise, though!
If it did happen though, it'd be a record setting purchase price!
[Image via AP Images.]
Tags: america, bill, china, chinese, dodgers, franchise, frank mccourt, government, los angeles, money, record