Magic Johnson Teams with 2 Others to Bid on LA Dodgers Franchise

*According to reports, Magic Johnson, along with businessman Mark Walter and former baseball executive Stan Kasten are expected to submit a bid to purchase the Los Angeles Dodgers.

The Hollywood Reporter points out that the pairing of the former Johnson with Walter, the CEO of financial firm Guggenheim Partners, and Kasten, former president of the Washington Nationals, puts in place a prominent local figure with an out-of-town investor with deep pockets and another with serious baseball savvy. Strategically such a combination is needed in the aftermath of current owner Frank McCourt’s rocky tenure as head of the storied franchise.

Johnson’s ownership of the Dodgers would certainly be historic because no Major League Baseball team has ever been owned by a black person. Also, if you know your history, it would be fitting for the Dodgers organization to be the first to achieve that milestone — the franchise was the first in Major League Baseball to integrate when Jackie Robinson broke the color barrier in 1947.

Read/learn MORE at the Hollywood Reporter.