Dodgers Sold To Magic Johnson Group (VIDEO)

Source: ESPN

NEW YORK – Los Angeles Dodgers owner Frank McCourt has announced an agreement Monday night to sell the bankrupt team for $2 billion to a group that includes former Los Angeles Lakers star Magic Johnson and former Atlanta Braves and Washington Nationals president Stan Kasten.

The agreement, revealed about five hours after Major League Baseball owners approved three finalists for the auction, is to lead to a transfer of the team by the end of April. It is subject to approval in federal bankruptcy court.

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