NBA Legend Magic Johnson is leading a group of investors who have purchased the Los Angeles Dodgers from Major League Baseball for the price of $2 billion dollars.
The deal, announced on Tuesday night is pending approval from bankruptcy court, and will be the highest price sale of a professional sports team in history.
As part of the deal, former Dodgers owner Frank McCourt will be permitted to buy the land surrounding Dodger Stadium, including the parking lots, for a sum of around $150 million.
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