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+--- Thread: New LA Dodger owners announced (/showthread.php?tid=134069)
New LA Dodger owners announced - artie67 - 03-28-2012
Story just broke..http://online.wsj.com/article/SB10001424052702303404704577308483250633906.html
Re: New LA Dodger owners announced - haikuman - 03-28-2012
Breaking News: Dodgers reach deal with Magic Johnson group
http://news.yahoo.com/dodgers-reach-deal-magic-johnson-group-032447072--mlb.html
NEW YORK (AP) — Los Angeles Dodgers owner Frank McCourt has announced an agreement to sell the bankrupt team for $2 billion to a group that includes former Lakers star Magic Johnson and former Atlanta Braves and Washington Nationals President Stan Kasten.
The agreement, announced Tuesday night about after five hours after Major League Baseball owners approved three finalists for the auction, is to lead to a transfer of the team by the end of April. It is subject to approval in federal bankruptcy court.
Mark Walter, chief executive officer of the financial services firm Guggenheim Partners would become the controlling owner. The price would be easily a record for a North American sports franchise.
As part of the agreement, the Dodgers said McCourt and "certain affiliates of the purchasers" would acquire the land surrounding Dodger Stadium for $150 million.
Re: New LA Dodger owners announced - N-OS X-tasy! - 03-28-2012
I had a feeling all along they were going to get it.
Re: New LA Dodger owners announced - pRICE cUBE - 03-28-2012
2 Billion dollars.
Re: New LA Dodger owners announced - WHiiP - 03-28-2012
pRICE cUBE wrote:
2 Billion dollars.
Ya gotta love "chump change" . . . when you consider the source (s). :bat:
Re: New LA Dodger owners announced - cbelt3 - 03-28-2012
pRICE cUBE wrote:::o :nuts:
2 Billion dollars.
Could buy the whole damn CITY of Cleveland for that.
Re: New LA Dodger owners announced - mrbigstuff - 03-28-2012
pRICE cUBE wrote:
2 Billion dollars.
seems like a lot of money
Re: New LA Dodger owners announced - DavidS - 03-28-2012
Stan Kasten did great things with the Braves in the 90s. I haven't really followed what he has done with the Nationals since he left Atlanta a few years ago, but hopefully he can restore the Dodgers to some of their past glory.
Re: New LA Dodger owners announced - haikuman - 03-28-2012
Good news ~!~ Great to finally see positive changes to a once world class organization that has
always been familiar with controversy.
I bet Branch Rickey has turned in his grave a few times in the last few years along with
Walter O'Malley and Buzzie Bavasi
http://en.wikipedia.org/wiki/Branch_Rickey
http://en.wikipedia.org/wiki/Walter_O'Malley