Wednesday, March 28, 2012

Magic wins in LA

A deal has been struck between the Dodgers and legendary Laker Magic Johnson's bidding group for the Dodgers and Dodger Stadium for $2 billion, the club announced on Tuesday night. The purchase price is the highest amount ever paid for a North American sports franchise. This may sound like allot to pay for a baseball franchise but it does include the stadium rights and all the local TV revenue generated by the team. This means the team will finally move in a new direction and get out from under the dark cloud of the divorce of the McCourts' and focus more on baseball moves to improve the team. This deal is equivalent to Nolan Ryan with the Rangers as in the ties to the city and a beloved son now taking over the franchise. Maybe now there will be a little Magic in Dodger Stadium.

From the Gun

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