The Los Angeles Dodgers needed a little Magic after what they endured in the past two years, which includes filing for bankruptcy and a bitter divorce between their owners. But yesterday, team owner Frank McCourt announced new owners for the team who have agreed to buy the Dodgers spear-headed by none other than Magic Johnson.
The deal was finalized just hours before the team was supposed to be auctioned off to three potential buyers including another sports connection; St. Louis Rams owner Stan Kroenke. The Dodgers filed for bankruptcy in June of 2011, after team owners Frank and Jamie McCourt failed to settle team ownership in their divorce proceedings.
$2 Billion is the largest ever price tag for a US sports team.
Magic Johnson is one of the greatest basketball players of all time and the most prevelant faces in the fight against HIV. Since his diagnosis in 1991, Johnson has dedicated his life to HIV awareness. Now, Johnson hopes to use hip hop to decrease homophobia within African American culture.