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.
This year marks the Los Angeles Dodgers’ 50th anniversary in the City of Angels. The architect of the team’s move from Brooklyn, Walter O’Malley, will be inducted, posthumously, into the National Baseball Hall of Fame this weekend. New York writer Pete Hamill said O’Malley was the only man Brooklynites hated more than Hitler.