A group that includes former Los Angeles Lakers star Magic Johnson and longtime baseball executive Stan Kasten agreed Tuesday night to buy the Los Angeles Dodgers from Frank McCourt for a record $2 billion.
Mark Walter, chief executive officer of the financial services firm Guggenheim Partners, would become the controlling owner.
Some will say why Magic? He was a basketball player, what can he possibly know about baseball? And in some respects that may be true, but Magic is the kind of person who will be able to sell the ‘Dodgers’ brand back to the community and might be able to help lure big-time free agents to Los Angeles in the future.
