Mike Carlson

Los Angeles Dodgers to be sold for record two billion dollars

Frank McCourt agreed to sell the Los Angeles Dodgers to a group led by Magic Johnson for a record two billion dollars Tuesday night. The purchase will cost nearly $860 million more than the price McCourt to buy the Dodgers from News Corp in 2004. The deal is pending approval from a US bankruptcy judge.

Two Billion Dollar Deal for the Dodgers Is Largest Ever Paid for a Professional Sports Team

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