The future of the Dodgers was thrown into doubt Tuesday when a judge threw out a post-nuptial agreement between Frank and Jamie McCourt that would have given Frank McCourt sole ownership of the Dodgers.
Jamie McCourt's lawyers have said the ruling effectively makes her a half-owner of the team, but Frank McCourt's lawyers say he can still prove he's the sole owner. The couple were divorced earlier this year.
Garvey did not disclose how much his group has offered for the team or whether it would have a controlling interest, according to the report. He said he had "three to five" investors from the business and entertainment fields, but did not identify them.
Garvey said he would serve as the general managing partner if the bid were successful. "I think I know what it takes to put a winner on the field," he said, according to the report.
But Frank McCourt's spokesman, Steve Sugerman, said McCourt wants to keep the team within his family.
"There are some great treasures out there that people would love to buy, the Dodgers among them. But, like the Mona Lisa and the Pacific Ocean, the Dodgers aren't for sale," Sugerman said, according to the report.
Garvey said he twice has offered Frank McCourt what he described as a "cash infusion" from his group, adding that McCourt did not respond to the first request and rejected the second, according to the report.
"The Dodgers did not require the help he was offering," Sugerman said, according to the Times.
In 2006, the newspaper reported that Garvey had fallen behind on bill payments for at least a decade. On Wednesday, Garvey disputed aspects of that report and said it was irrelevant to the bid, noting he would not be the primary investor or the chief financial officer.
Dallas Mavericks owner Mark Cuban, who said a year ago he might be interested in buying the Dodgers, declined to say Wednesday if he would pursue purchasing the team, according to the report.
"It's too early to say," Cuban said in an e-mail, according to the report. "Let's see what happens if and when it goes up for sale."