2012 Los Angeles Dodgers | |
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Results | |
Record | 86–76 (.531) |
Divisional place | 2nd |
Other information | |
Owner(s) | Frank McCourt (through April 30), Guggenheim Baseball Management (after April 30) |
General manager(s) | Ned Colletti |
Manager(s) | Don Mattingly |
Local television |
Prime Ticket KCAL-TV (Vin Scully, Eric Collins, Steve Lyons) |
Local radio |
KLAC (Vin Scully, Charley Steiner, Rick Monday) KTNQ (Jaime Jarrín, Pepe Yñiguez, Fernando Valenzuela) |
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The Los Angeles Dodgers 2012 season was the 123rd for the franchise in Major League Baseball, and their 55th season in Los Angeles. The Dodgers celebrated the Golden Anniversary of Dodger Stadium, their home since 1962. It was a transitional year as the sale of the team from Frank McCourt to Guggenheim Baseball Management was not finalized until May 1. The new ownership group put their stamp on the team quickly by making a number of big trades and putting more money into the team than McCourt did. After a fast start, the team faded down the stretch and finished eight games behind the World Series Champion Giants.
The Dodgers muddled ownership situation which had been in question since Frank McCourt's separation from his wife at the end of the 2009 season started to resolve itself. First McCourt and estranged wife Jamie McCourt reached a settlement in their bitter divorce case, in which she gave up her claims on the team for $130 million and then McCourt agreed to a settlement with Major League Baseball where the team would be put up for sale in a bidding process with the bankruptcy court. Several groups of potential owners placed bids on the Dodgers, including Magic Johnson and Mark Walter, Steve Cohen, Rick Caruso and Joe Torre, Stanley Gold, Dennis Gilbert and Larry King, Mark Cuban and Orel Hershiser & Steve Garvey.
On March 27, 2012, it was announced that an agreement had been reached on the sale of the Dodgers between Frank McCourt and Guggenheim Baseball Management LLC, a group of investors fronted by Guggenheim CEO Mark Walter and including former Los Angeles Lakers player Magic Johnson, baseball executive Stan Kasten and film mogul Peter Guber. The total sale price for the Dodgers (which includes Dodgers Stadium) exceeded $2 billion, making the sale the largest for a professional sports team in history, exceeding the approximately $1.5 billion purchase of Manchester United F.C. by Malcolm Glazer in 2005, On the same day, it was also announced that the members of the group will partner McCourt in purchasing the property surrounding the stadium. The sale price of the Dodgers was considered to be far higher than what the team was actually worth at the time of sale. Estimates made by Forbes placed the value of the Dodgers at approximately $1.4 billion, and the winning bid was more than 30% higher than the next highest bid. On April 13, the sale was approved by the bankruptcy court and the deal was finalized on May 1.