Former Laker legend Earvin “Magic” Johnson is almost as well-known for his business ventures off the court as he is for his legendary game on the court. Now, Johnson has another title to put on his resume: owner.
BREAKING NEWS: Dodgers sold to group headed by NBA great Magic Johnson for $2 billion: atmlb.com/HjfX9x
— Los Angeles Dodgers (@Dodgers) March 28, 2012
Johnson’s group paid a reported $2 billion, exceeding all previous records for purchase price of professional sports teams.
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