A Magic Johnson led group has bought the Los Angeles Dodgers for about two billion dollars. Is this a sign of hope for the Dodgers organization?
One Los Angeles institution is buying another.
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.
The price would shatter the mark for a sports franchise. Stephen Ross paid $1.1 billion for the NFL's Miami Dolphins in 2009, and in England, Malcolm Glazer and his family took over the Manchester United soccer club in 2005 in a deal then valued at $1.47 billion.
Magic Johnson Buys Los Angeles Dodgers.
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From the News:
NEW YORK (AP) -- A group that includes former Lakers star Magic Johnson and longtime baseball executive Stan Kasten agreed Tuesday night to buy the Los Angeles Dodgers from Frank McCourt for a record $2 billion.
Magic Johnson Buys LA Dodgers -- LA Dodgers and Magic Johnson
Sports video | 769 views
A Magic Johnson led group has bought the Los Angeles Dodgers for about two billion dollars. Is this a sign of hope for the Dodgers organization?
One Los Angeles institution is buying another.
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.
The price would shatter the mark for a sports franchise. Stephen Ross paid $1.1 billion for the NFL's Miami Dolphins in 2009, and in England, Malcolm Glazer and his family took over the Manchester United soccer club in 2005 in a deal then valued at $1.47 billion.
Magic Johnson Buys Los Angeles Dodgers
News video | 769 views
Magic Johnson has spearheaded a deal that will buy the team for 2 billion dollars.
Sports video | 788 views
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.
Dodgers reach deal with Magic Johnson group
NEW YORK (AP) - A group that includes former Lakers star Magic Johnson and longtime baseball executive Stan Kasten agreed Tuesday night to buy the Los Angeles Dodgers from Frank McCourt for $2 billion.
Mark Walter, chief executive officer of the financial services firm Guggenheim Partners, would become the controlling owner. The price would shatter the record for a North American sports franchise, topping the $1.1 billion Stephen Ross paid for the NFL's Miami Dolphins in 2009.
The deal, revealed about five hours after Major League Baseball owners approved three finalists for an intended auction, is one of several steps toward a sale of the team by the end of April. It is subject to approval in federal bankruptcy court.
News video | 1011 views
Watch NBA - Carlos Boozer to Los Angeles Lakers - Ed Davis signs w/ Los Angeles Lakers - NBA 2k15 Video.
Sports video | 45217 views
Reliever Brian Wilson, who played a critical role in San Francisco Giants’ 2010 World Series victory, is set to sign with the Los Angeles Dodgers, according to multiple reports.
The erstwhile closer for the San Francisco Giants has agreed to a contract to finish the season with the Los Angeles Dodgers, Yahoo! sources said Tuesday.
Closer Brian Wilson, who played such an integral role in San Francisco’s 2010 World Series win, has chosen to sign with the Dodgers, according to sources.
The Los Angeles Dodgers have reached an agreement to sign reliever Brian Wilson, according to a person directly involved in the negotiations but unauthorized to make the official announcement.
Wilson has not pitched since undergoing Tommy John surgery, his second, in April of last year. The 31-year-old will be sent to the minor league for rehab assignment before joining the Dodgers.
Wilson will report to the Dodgers’ spring training facility in Arizona, then move along to Single-A Rancho Cucamonga, according to sources. Assuming all goes well, he is expected to join the Dodgers around mid-August. He signed a minor-league deal, running only through 2013.
Several clubs were interested in Wilson’s services, and the Dodgers have been in search for help at the closer position.
The Dodgers have been seeking bullpen help, specifically an eighth-inning man who can work as a bridge to closer Kenley Jansen. Wilson, described by one scout who w
Sports video | 675 views
Magic Johnson Group To Buy Dodgers
A group that includes former Lakers star Magic Johnson and longtime baseball executive Stan Kasten agreed Tuesday night to buy the Los Angeles Dodgers from Frank McCourt for a record $2 billion.
Sports video | 710 views
Baseball's L.A. Dodgers may soon have Magic Johnson on the team. CBS News business and economics correspondent Rebecca Jarvis speaks to the 'CBS This Morning' co-hosts about the investment deal, which could be a record price for any sports franchise.
Magic Johnson-led group buying Dodgers for $2B
Sports video | 702 views
Lena Dunham shelled out quite a lot of money for a house right off the Sunset Strip in Los Angeles.
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What is Wheat Beer? | व्हीट बीयर क्या है?
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