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  #1  
Old 03-27-2012, 10:24 PM
Viva Medias B's Viva Medias B's is offline
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Default Per AP: Dodgers To Be Sold to Magic Johnson's Group

Per the AP, through a breaking news push notification on my iPhone, the Los Angeles Dodgers will be sold to a group that includes Magic Johnson.
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  #2  
Old 03-27-2012, 10:27 PM
thomas35forever thomas35forever is offline
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Wow. This guy knows how to make purchases.
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  #3  
Old 03-27-2012, 10:27 PM
SoxSpeed22 SoxSpeed22 is offline
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This is not only great for the Dodgers, but great for Los Angeles. Magic has done pretty well in his post-NBA life, and I think the Dodgers will quickly turn into a top organization.
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Old 03-27-2012, 10:31 PM
Lip Man 1 Lip Man 1 is offline
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Actually Magic "heads-up" the group but how much he's personally invested or how much actual say he'll have in things, I don't know.

Lip
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  #5  
Old 03-27-2012, 10:39 PM
palehozenychicty palehozenychicty is offline
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Quote:
Originally Posted by Lip Man 1 View Post
Actually Magic "heads-up" the group but how much he's personally invested or how much actual say he'll have in things, I don't know.

Lip
According to the AP brief, Stan Kasten (former Braves, Nats exec) is also part of the group. If he's not overseeing operations, then somebody in high regard will be doing so.

It's good to see the Dodgers in proper hands. Dodger Stadium is still one of the best places to watch a game.
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Old 03-27-2012, 10:41 PM
thomas35forever thomas35forever is offline
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Imagine NBA legend Magic Johnson one day holding the Commissioner's Trophy. It'd be like watching Wayne Gretzky parading with the Lombardi Trophy.
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  #7  
Old 03-27-2012, 11:29 PM
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Price tag: $2 billion



http://deadspin.com/5896984/magic-jo...-for-2-billion
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  #8  
Old 03-28-2012, 07:01 AM
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Quote:
Originally Posted by doublem23 View Post
So, even if I had won last night's Mega Millions jackpot, I would not have been in the running. Even if I win Friday's drawing, I would get laughed at......
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Old 03-28-2012, 07:17 AM
Viva Medias B's Viva Medias B's is offline
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Here's the story from the Los Angeles Times.
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  #10  
Old 03-28-2012, 12:37 PM
gobears1987 gobears1987 is offline
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Originally Posted by DumpJerry View Post
So, even if I had won last night's Mega Millions jackpot, I would not have been in the running. Even if I win Friday's drawing, I would get laughed at......
You can still buy the A's!
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  #11  
Old 03-28-2012, 04:53 PM
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Originally Posted by Viva Medias B's View Post
Here's the story from the Los Angeles Times.
The sale must be confirmed by the court by April 13 and set to close by April 30.

Jon Heyman: The inside story. The losing bidders were shocked a deal was done Tuesday night, before the auction.

http://www.cbssports.com/mlb/blog/jo...on-the-dodgers
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  #12  
Old 03-28-2012, 05:44 PM
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You can still buy the A's!
Why would I do that to myself? Might as well flush the $$$ down the toilet.

Or, I would buy them and trade Brandon McCarthy back to the Sox for future consideration.
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  #13  
Old 03-28-2012, 10:05 PM
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I read earlier that the 2nd highest bid was around $1 billion or 1.1 billion. What prompted Magic's group to raise their bid by 25% and essentially double the other highest bid by going up to $2 million?

In other words, did they just overpay by almost a billion dollars by not going to auction?
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  #14  
Old 03-28-2012, 10:40 PM
AZChiSoxFan AZChiSoxFan is offline
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Quote:
Originally Posted by palehozenychicty View Post
According to the AP brief, Stan Kasten (former Braves, Nats exec) is also part of the group. If he's not overseeing operations, then somebody in high regard will be doing so.

It's good to see the Dodgers in proper hands. Dodger Stadium is still one of the best places to watch a game.
Totally agree. My favorite NL team is the Dodgers so I am today.
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  #15  
Old 03-29-2012, 01:08 AM
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A bit of a local tie-in, looks like the controlling owner of the Dodgers when all the dust settles will be a local guy, Mark Walter who is CEO of the Guggenheim Partners, HQ'd in the Loop.

http://www.chicagotribune.com/busine...,5170269.story
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