Torre says he's been approached by several would-be buyers of the Dodgers who expressed interest in him being part of their ownership groups.
According to the New York Times, L.A. developer Rick Caruso has also approached Torre.
Torre said he's not part of any group, and that he hasn't made any commitment for now. He is currently an executive vice president for Major League Baseball. If Torre became part of a group seeking to buy the team, he would have to resign from his MLB post.
Torre managed the Dodgers from 2008 to 2010.
Owner Frank McCourt and Major League Baseball reached an agreement Nov. 1 to a "court supervised process" to sell the team, which filed for Chapter 11 bankruptcy in June.
Among the potential bidders are a group that includes former Dodgers owner Peter O'Malley, former Lakers star Earvin "Magic" Johnson, a group including former Dodger stars Steve Garvey and Orel Hershiser, another that includes former Dodger general manager Fred Claire, former Buffalo Sabres owner Thomas Golisano, and businessman Ron Burkle, Alec Gores and Alan Casden, according to the Los Angeles Times and The New York Times.
City News Service contributed to this report.