Magic Johnson Interested In Buying The Los Angeles Dodgers
Legendary basketball player turned business man Magic Johnson wants to become a part owner of the Los Angeles Dodgers, according to the Los Angeles Times.
“I love baseball,” Johnson told The Times. “I’ve been a Dodgers fan and gone to the park many, many times.”
The former Los Angeles Laker is part of a potential ownership group that is making a bid for the Dodgers, having partnered with former Washington Nationals president Stan Kasten and finance magnate Mark Walter of Guggenheim Partners. It’s been reported that Dallas Mavericks owner Mark Cuban is another potential bidder, among others.
The team is being put on sale by outgoing owner Frank McCourt after financial woes have forced him into bankruptcy. Major League Baseball took over financial control of the team early last season when it was reported that McCourt had to take out several high risk loans in order to make payroll.