A group led by Magic Johnson turns out to be the preferred buyer of the LA Dodgers. There were several groups vying for this storied franchise & the selling price far exceeds that of any other baseball team.
Subject to MLB approval, this should end the McCourts nightmare of buying this team on credit & then running it into the ground financially. I wonder who approved that sale to the McCourts? Because it's Hollywood, throw in a nasty divorce between the McCourts for good measure which this team became embroiled in. Reality show over now.
It will be nice to see the Dodgers back with stable management & funding for the future.
1 comment:
McCourt still owns the parking lots!! I can't believe this group of SHREWD businessmen couldn't get them thrown in. I would think 2 billion would byu a litte more.
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