Magic Johnson Led Group Selected For Los Angeles Dodgers Ownership

Do You Believe In Magic? Some Of Us Were Raised On Him!

March 27, 2012
Tuesday afternoon, Major League Baseball owners unanimously approved the three remaining bidding groups as possible owners of the Dodgers. The next step was an auction to buy the club from embattled owner Frank McCourt, but evidently that didn’t take very long. The group led by former Lakers star Magic Johnson has reached an agreement to purchase the club, according to a press release late Tuesday night. The deal is for $2 billion. Also, McCourt and “certain affiiliates” of Johnson’s group will form a joint venture to buy the Chavez Ravine property — the land surrounding Dodger Stadium — for an additional $150 million.

“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,” said the 52-year-old Johnson.

The news is just in, less than 3 hours fresh at a time where I am actually speechless, in a rejoyceful kind of way.
Lets just let it marinate.

Erving Magic Johnson as Co Owner and Face of the LA Dodgers Brand.
A different perspective to consider.