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An investment group that includes NBA Hall of Famer-turned-businessman Earvin “Magic” Johnson will buy the Los Angeles Dodgers baseball team from bankrupt owner Frank McCourt. And it won’t be cheap. Per a Tuesday night agreement with Major League Baseball, the team and its facilities will go for $2 billion, shattering the record for the most expensive sports franchise ever purchased.
Magic Johnson, Basketball Legend is Now Owner of LA Dodgers
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