Remember when Eli Broad was offering to buy the team if the McCourt deal faltered? Yup. Not sure how life would be different if that happened, not sure it would be a... Wonderful Life. But interesting to reflect back, given the revelations this week (and long before) about the McCourt ownership.
"The Los Angeles Times reports that Eli Broad, a Los Angeles developer and philanthropist, has offered to buy the team for the hefty sum, mostly in cash, if the $430 million bid by Boston developer Frank McCourt falls through, according to a letter from Broad to Fox Group.
McCourt has proposed financing the purchase entirely with loans.
Baseball's ownership committee discussed the $430 million agreement between News Corp. and McCourt on Wednesday and will send a delegation to meet with him in Los Angeles next week."
So baseball owners approved sale to far less financially solvent group, and history was made. Or would Broad have worked out?