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Magic Johnson's Group Wins Dodgers Auction

The "Wall Street Journal" reports a group led by Magic Johnson has been awarded the right to buy the Los Angeles Dodgers.  The group's winning bid of $2-billion shatters the previous record sales price for a U.S. sports franchise set when Steve Ross purchased the Miami Dolphins for $1.1-billion three years ago.  The report named Johnson's partners in the deal as Peter Guber, Stan Kasten, Bobby Patton and Todd Boehly.  Rams owner Stan Kroenke had been in the running to buy the team.

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