Wednesday , Mar , 28 , 2012 Hoopsvibe

Magic Johnson buys Dodgers for $2 billion

A group that includes former Lakers star Magic Johnson and longtime baseball executive Stan Kasten agreed Tuesday night to buy the Dodgers from Frank McCourt for a record $2 billion.

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HoopsVibe’s Very Quick Call: He’s a Hall of Fame point guard. And he’s fast becoming a Hall of Fame businessman.

Reports indicate a group led by Magic Johnson have succeeded in buying the iconic Los Angeles Dodgers for a record $2 billion. The amount is the highest ever paid for a sports franchise.

Look for Johnson to be the frontman for the group -as he’s clearly comfortable in front of the camera and using his vast connections in and around the Los Angeles area. 

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