So it turns out that Josh Macciello doesn’t own gold mines worth billions of dollars. Nor did he ever have the financial backing to finance a $2.2 billion dollar deal to purchase the Dodgers. I don’t doubt that he thought he could swing the deal, but his partners were precarious choices at best. Too bad, because Macciello’s “rags to riches” tale was a great story. The Macciello saga is over and is chronicled in an LA Weekly article by Gene Maddaus. The biggest surprise in all this is that nobody discovered these facts before this date. Major League Baseball had to be aware though when Macciello never passed through the first vetting process and was never taken seriously.
Link : LA Weekly Article
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