Wednesday, March 28, 2012

[Video] - Congrats! Magic Johnson Buys The L.A. Dodgers!!!

Additional deets via WSJ:

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 several some of the wealthiest businessmen in the country to land a team 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' purchase of the Miami Dolphins for $1.1 billion three years ago.

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