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Ground Breaking: Magic Johnson Becomes New Owner Of L.A. Dodgers!

Posted by on Mar 27th, 2012 and filed under Home, Junkie News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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Ground Breaking: Magic Johnson Becomes New Owner Of L.A. Dodgers!

Yup, you’ve read rights folks.

Via The Wall Street Journal:

Basketball legend Magic Johnson led a group that won an auction for the Los Angeles Dodgers baseball team Tuesday night, marking the final chapter of in a soap-opera style saga for the legendary franchise, according to people involved in the process.

With a bid of $2 billion, Johnson and partners Peter Guber, Stan Kasten, Bobby Patton and Todd Boehly beat out a group of some of the wealthiest businessmen in the country to land a team that is one of Major League Baseball’s flagship franchises. The sales figure shatters the previous record sales price for a U.S. sports franchise, Steve Ross’s purchase of the Miami Dolphins for $1.1 billion three years ago.

Congrats Magic!