Quick post here. It appears the Los Angeles Dodgers' auction has ended before it was even supposed to officially begin. Per the ESPN report above, and maybe their shortest report ever, the Dodgers chose Magic Johnson's group and their 2 billion dollar offer over the other 2 contending groups. Forbes less than a week ago projected the worth of the Dodgers franchise to be roughly 1.4 billion dollars. Frank McCourt, despite his awful handling of the Dodgers' franchise is in place to make a 1.6 billion dollar profit off this transaction after buying the franchise for $355 million in 2004. Magic Johnson and crew will hopefully be able to re-energize a fan base that is desperate for something positive. Best of luck to Magic and the rest of their team, they face a long road ahead to bring championship caliber baseball back to Chavez Ravine.
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