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(AP) NEW YORK - Joe Torre resigned Wednesday as Major League Baseball's executive vice president for baseball operations to join a group trying to buy the Los Angeles Dodgers.
Torre managed the Dodgers from 2008-10, then retired and joined MLB last February as a top aide to Commissioner Bud Selig. He is joining a group headed by real estate developer Rick Caruso.
"I have made this decision because of a unique chance to join a group that plans to bid for the Dodgers," Torre said in a statement. "After leaving the field, this job was an incredible experience, one that I enjoyed very much."
The Dodgers were put up for sale by owner Frank McCourt in November, five months after the team filed for bankruptcy. Following months of bickering and accusations of mismanagement, an agreement between McCourt and MLB said the team is to be sold by April 30, which coincides with the deadline for McCourt to pay former wife Jamie a $131 million divorce settlement.
Initial bids for the team are due by Jan. 23 with the Blackstone Group, Frank McCourt's investment banker. The price likely will break the record for a baseball franchise, topping the $845 million paid by the Ricketts family for the Chicago Cubs in 2009.
Torre managed the Dodgers from 2008-10, then retired and joined MLB last February as a top aide to Commissioner Bud Selig. He is joining a group headed by real estate developer Rick Caruso.
"I have made this decision because of a unique chance to join a group that plans to bid for the Dodgers," Torre said in a statement. "After leaving the field, this job was an incredible experience, one that I enjoyed very much."
The Dodgers were put up for sale by owner Frank McCourt in November, five months after the team filed for bankruptcy. Following months of bickering and accusations of mismanagement, an agreement between McCourt and MLB said the team is to be sold by April 30, which coincides with the deadline for McCourt to pay former wife Jamie a $131 million divorce settlement.
Initial bids for the team are due by Jan. 23 with the Blackstone Group, Frank McCourt's investment banker. The price likely will break the record for a baseball franchise, topping the $845 million paid by the Ricketts family for the Chicago Cubs in 2009.