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Broad would buy team if McCourt deal fails

Updated: January 18, 2004, 5:37 PM ET
ESPN.com news services

It appears likely the Dodgers will be bought for $430 million, but who'll be doing the spending remains the question.

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 ...

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