Tuesday, March 27, 2012
It has been three years of angst and frustration with the McCourts and Major League Baseball. With the bankruptcy and McCourts issues the team has finally been sold. I am glad to report that it was not sold to the St.Louis Rams owner Stan Kroenke or Mark Cuban. It was.........Magic Johnson!? Yep Magic and a group of others including Stan Kasten and the Guggenheim Partners. The Dodgers was bought for $2 Billion. Stan Kastan will run the team. It is also reported that McCourt and certain people involved with the purchasers would acquire the land around the stadium for $150 million. Sale still needs to be approved by bankruptcy court.