The Sports Kings: L.A. Dodgers Sold For Record $2 Billion
The “Wall Street Journal” reports a group led by Magic Johnson has been awarded the right to buy the Los Angeles Dodgers. The group’s winning bid of $2-billion shatters the previous record sales price for a U.S. sports franchise set when Steve Ross purchased the Miami Dolphins for $1.1-billion three years ago.
The report named Johnson’s partners in the deal as Peter Guber, Stan Kasten, Bobby Patton and Todd Boehly.
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