Business
Magic Johnson group to acquire Dodgers for $2 billion
Wednesday, March 28, 2012
The Dodgers have won six World Series titles but none since 1988, when they were still owned by the O’Malley family that moved the team from Brooklyn to California after the 1957 season. Fox bought the team in 1998, then sold it to McCourt.
Colletti, whose baseball moves appear to have been constricted because of the team’s financial problems, says the sale announcement brings “clarity.”
“It’s time to turn the page and move toward a new chapter in the history of the Los Angeles Dodgers,” he said.
Copyright © 2012 The Associated Press
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