King says he 's bidding as a part of an investor group . The former CNN talk show host is a native of Brooklyn , where the Dodgers once played . Major League Baseball , which took charge of the team in April , has been embroiled in legal battles over future media rights after baseball Commissioner Bud Selig rejected a $ 3 billion television deal with Fox . He has been in business for years and owns several properties around Los Angeles including his own company called " Kings Property Management LLC " which manages real estate assets such as office buildings and shopping centers.
King says he 's bidding as a part of an investor group . The former CNN talk show host is a native of Brooklyn , where the Dodgers once played . He has been in business for years and owns several properties around Los Angeles including his own company called " Kings Property Management LLC " which manages real estate assets such as office buildings and shopping centers.