Frank McCourt was ordered to sell the Dodgers so MLB has been soliciting and reviewing bids for potential new owners. They are reportedly close to narrowing things down to four finalist groups.
Macciello made headlines after going on a local Los Angeles sports radio show in January and convincing the hosts he was a legitimate player in the ownership talks, one who was ready to bid $2.2 billion on the team. He did newspaper interviews, took phone calls from fans on the radio, and was selling himself as a legitimate bidder for the team. He said he had over $2 billion in cash ready to bid on the team, money that came from a gold mine appraisal.
LA Weekly did plenty of investigation over Macciello’s claims.