50,000,000 see the article--now presume he's gay.
15,000,000 see the retraction. Most probably still think he is gay, and that the paper published the retraction out of fear of a lawsuit.
You cannot undo damage in our sensational, tabloid culture. Just ask Richard Jewel.
If I were Koufax, I'd never associate with the Dodgers again (at least for so long as they are owned by News Corp).
The worst thing to happen to the Dodgers was to be sold to Rupert Murdock. They went from being a unique organization under the O'Malley family to just another team.