MAGIC JOHNSON just added a little MORE MONEY to his bulging bank account after shelling out $2 BILLION to BUY THE DODGERS.
Along with baseball executive Stan Kasten, a group that’s headed by former Los Angeles Lakers star Magic Johnson brokered a deal Tuesday night to purchase the Los Angeles Dodgers from Frank McCourt for a record $2 BILLION..
Can you even imagine being able to play with that type of money?
Mark Walter, chief executive officer of the financial services firm Guggenheim Partners, would become the controlling owner.
The deal, revealed about five hours after Major League Baseball owners approved three finalists for an intended auction, is one of several steps toward a sale of the team by the end of April. It is subject to approval in federal bankruptcy court.
“I am thrilled to be part of the historic Dodger franchise and intend to build on the fantastic foundation laid by Frank McCourt as we drive the Dodgers back to the front page of the sports section in our wonderful community of Los Angeles,” Johnson said in a statement.
Said Dodgers general manager Ned Colletti:
“We’re thrilled that the bidding process has concluded and certainly looking forward to working with the new ownership group to bring another world series championship to L.A. I think it’s tremendous for the city and the fans of the Dodgers.”
“I think it was important to have deep L.A. roots, and that is what this group also brings. I think that is important to the fans, especially those in Southern California. Magic is not only a great basketball player, but also a great businessman in the city.”
In addition to many Starbucks and 24 hour Fitness’ Magic Johnson also owns Don Cornelius “Soul Train” legacy. MAGIC has to be the luckiest man alive with the HIV virus.. I hear that he has no problems getting women into bed STILL.
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