The Real Deal New York

Kushner in talks to buy LA Dodgers

February 07, 2012 02:00PM

Jared Kushner, real estate magnate, Trump in-law and New York Observer owner, may add one more feather to his cap: owner of the Los Angeles Dodgers. At 31, Kushner would be the youngest owner of a major league baseball team, the Los Angeles Times reported.

Kushner is reportedly working with UBS Vice Chairman Aryeh Bourkoff, an expert in investment banking in the media and technology sectors, on the possible deal.

The bid, which was disclosed to the LA Times by an unnamed source familiar with the sales process, would be funded by the Kushner family, whose net worth is not known, the paper said.

The bidding process for the Los Angeles team, though discussed for the last year, is in only its second round, and Kushner is one of nine prospective buyers currently, according to the LA Times. [LAT]