New LA Dodger owners announced

[artie67]

Story just broke..http://online.wsj.com/article/SB10001424052702303404704577308483250633906.html

[haikuman]

Breaking News: Dodgers reach deal with Magic Johnson group
http://news.yahoo.com/dodgers-reach-deal...--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.

[N-OS X-tasy!]

I had a feeling all along they were going to get it.

[pRICE cUBE]

2 Billion dollars.

[WHiiP]

pRICE cUBE wrote:
2 Billion dollars.

Ya gotta love "chump change" . . . when you consider the source (s). :bat:

[cbelt3]

pRICE cUBE wrote:
2 Billion dollars.

::o :nuts:

Could buy the whole damn CITY of Cleveland for that.

[mrbigstuff]

pRICE cUBE wrote:
2 Billion dollars.

seems like a lot of money

[DavidS]

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.

[haikuman]

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