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.
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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