Magic Johnson group purchase Los Angeles Dodgers for record $2 billion

On Tuesday night, the team reported a group that includes former NBA star Earvin “Magic” Johnson will acquire the Los Angeles Dodgers for $2 billion. The price is the most ever paid for a North American sports franchise, according to MLB.com. The group will officially obtain the baseball team, one of baseball’s most storied franchises, after the deal is approved by the judge supervising the Dodgers’ bankruptcy.

The Dodgers have won the World Series championship six times and, for decades, [...]

March 28, 2012No CommentRead More