Dodgers bought for $2 billion

Dodgers bought for $2 billion

Reuters
Updated28 Mar 2012, 08:08 PM IST
<br />Part owner: Basketball legend and entrepreneur Magic Johnson led the group that won the bid. By Seth Wenig/AP<br />
Part owner: Basketball legend and entrepreneur Magic Johnson led the group that won the bid. By Seth Wenig/AP

The purchase price from current owner Frank McCourt is the highest sum ever paid for a North American sports franchise and does not include iconic Dodger Stadium, which went for $150 million in another deal.

Johnson led the Los Angeles Lakers to five NBA titles before his retirement in 1991 after announcing he was HIV-positive. He made brief comebacks before becoming a successful businessman.

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