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Peter O'Malley

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FROM THE BASEBALL CHRONOLOGY
» April 20, 1995: Dodgers president Peter O'Malley donates the Brooklyn Dodgers' 1955 World Championship banner to the borough in which it was won, saying, "The flag belongs in Brooklyn."

» January 6, 1997: Dodger owner Peter O'Malley announces plans to sell the team, which has been controlled by his family since 1950. The club is expected to command a record price.

» May 12, 1997: Los Angeles Dodgers owner Peter O'Malley confirms that he wants to sell his team to the conglomerate controlled by media mogul Rupert Murdoch. He has asked Major League Baseball to approve the negotiations.

» March 19, 1998: Rupert Murdoch purchases the Los Angeles Dodgers from Peter O'Malley for a reported $311 million, the highest price ever paid for a US sports franchise.