SBD/Closing Bell

MLB Appoints Former Rangers President Schieffer To Run Dodgers

MLB Commissioner Bud Selig today named former Rangers President Tom Schieffer as his monitor and trustee of the Dodgers, whose day-to-day and business operations were taken over by the league last week. Schieffer ran the Rangers from '91-99, was the club's General Partner from '94-98 and led the development and '94 opening of what is now Rangers Ballpark in Arlington. A longtime friend and partner of former U.S. President and Rangers Owner George W. Bush, the 63-year-old Schieffer more recently was an ambassador for Bush from '01-09, first in Australia and then in Japan.

Schieffer, the younger brother of longtime CBS News journalist Bob Schieffer, represents a surprise choice compared to other names mentioned last week for the Dodgers role, such as MLB Exec VP/Administration and CIO John McHale Jr. and former Nationals President Stan Kasten, that have been closer to the game, particularly in recent years. Schieffer will represent Selig and the commissioner's office as the league seeks to stabilize the debt- and scandal-ridden franchise.
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