Thursday, March 29, 2012
What the Magic Johnson Era means for Dodgers, MLB - USATODAY - Bob Nightengale - The Los Angeles Dodgers, financially bedridden by the shaky stewardship of Frank McCourt, leaped out of their hospital bed Monday night, and are doing cartwheels out the front door today. - A group led by former Los Angeles Lakers star Magic Johnson -- along with MLB and NBA executive Stan Kasten, and Peter Guber, head of Mandalay Entertainment, and financed by Mark Walter, CEO of Guggenheim Partners (a Chicago-based financial services firm) -- agreed to buy the Dodgers from owner Frank McCourt for $2.15 billion, a deal that includes the Chavez Ravine parking lots.
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