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Magic Johnson Led Investment Group to Purchase L.A. Dodgers For $2 Billion
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March 28, 2012
It looks like one Los Angeles sports institution is buying another. A group of investors including former L.A. Lakers star Magic Johnson and longtime baseball exec Stan Kasten agreed Tuesday night to buy the Dodgers baseball team. The price: A staggering record $2 billion. That amount would shatter the mark for a sports franchise. Mark Walter, CEO of financial services firm Guggenheim Partners, would become controlling owner. "I am thrilled ...
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MAGIC JOHNSON ON HIV: 'IF I KNEW WHAT I KNOW NOW, I WOULDN'T HAVE
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