Magic Johnson says he's bidding for Dodgers
Magic Johnson wants to buy the Dodgers, putting one of Los Angeles' most beloved sports figures in pursuit of the city's cherished baseball team...
From the NBC Los Angeles:
One of the world’s most beloved sports stars said in an interview Friday that he is interested in one of baseball’s most prized franchises — the LA Dodgers.
Magic Johnson announced plans for a bid Friday.
“I’m excited to have the opportunity to be part of the Dodgers legacy and bring a World Series championship back to LA,” Johnson tweeted Friday.
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The ownership group — Guggenheim Baseball Management — would include two necessary elements: someone who knows baseball and someone familiar with big money operations. Former president of Major League Baseball’s Atlanta Braves and Washington Nationals Stan Kasten and, Mark Walter, the chief executive of a financial services firm, would be part of the group, Johnson said in the interview.
Walter is CEO of Guggenheim Partners, which handles about $125 billion in assets, according to the company.
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