Magic Johnson group buys the Dodgers for $2 billion

After months of a ferocious bidding war, out from the rage the Magic Johnson Group wins bid to buy the Los Angeles Dodgers.  The bid ends the tumultuous two years for previous owner Frank Mccourt, who recently fell on hard times due to a divorce and bankruptcy.  Now that the Dogders have been sold, McCourt will be able to pay off his $950 million debt. As well as sustain his standing as a very wealthy man. He looks to walk away with close to $1B as well as ownership to land around the Dodger Stadium. Likely to see restaurants and other like shops. Dodgers have become the most valuable sports team in the U.S. sold for approximately $2 Billon dollars.

Magic Johnson to buy the Dodgers

JUST IN: MAGIC JOHNSON is making a bid to buy the Los Angeles Dodgers. Throwing his name in with the likes of Mark Cuban, owner of the Dallas Mavericks, in the bidding war for the team, it should be entertaining to see it all play out. Johnson would become first black person to own an MLB team. As you remember, the Dodgers were the first team to break color barriers on the field in '47.

NBA 2K12

Day 20 of the NBA lockout couldn't keep back the release of the NBA 2K12 cover. The cover features Magic Johnson, whose legacy is deeply embedded with the Los Angeles Lakers. If this 2K is as good as last year's 2K, which had Michael Jordan on the cover, it will definitely be a must-buy. Showtime!

Hosting Magic Johnson

For all you basketball fans out there, legend Earvin "Magic" Johnson, on July 30th, is sitting down for a conversation with Los Angeles Times columnist, Bill Plaschke, for a special conversation. Our very own Loyola Marymount University is hosting this awesome event in Gersten Pavilion, which is the LMU Lion's home court. Kicking off at 4 p.m., Magic will be talking about his favorite memories, his current and future plans in business, and his foundation, which is celebrating it's 20th anniversary. The Magic Johnson Foundation works to develop and support programs and organizations that address the educational, health, and social needs of ethnically diverse, urban communities. This is an interview you won't want to miss, and with tickets for only $25 (or All-Star tickets for $75), you have no excuse for missing it! Make your way over to LMU on July 30th.





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