Magic Johnson is in as part owner of the Los Angeles Dodgers -- and Frank McCourt is out -- after sealing a TWO BILLION dollar deal to purchase the team ... and the crowd went wild!
Magic and McCourt announced the deal late Tuesday night ... which should unite LA's most storied sports franchise and its most beloved sports star by the end of April.
The deal still has to be approved in federal bankruptcy court -- but the $2 billion price tag a Magic led investment group agreed to would be a record for any American sports franchise.
As part of the deal McCourt would get to buy the land around Dodgers Stadium -- mainly the overpriced parking lots -- for around $150 million. Face it Dodger fans ... he's never leaving.
But at least we got Magic
YOU HEARD IT FIRST RIGHT HERE !
Posted By: DAVID JOHNSON
Wednesday, March 28th 2012 at 12:58AM
You can also
click
here to view all posts by this author...
