Magic Johnson's won again. The 5-time NBA Champion with the LA Lakers, a National Title with the Michigan State Spartans, and current winner of the battle against HIV - a fight in which he has been battling since the early-90's. Now Johnson and local Chicago Guggenheim Partners have won the rights to own the Major League Baseball Los Angeles Dodgers.
According to ABC News, Mark Walter, chief executive officer of the financial services firm Guggenheim Partners, would become the controlling owner.
The group, reportedly bought the team for $2 billion from previously embattled owner Frank McCourt. It appears that Magic will assume an active role in the team's day-to-day business and will look to be very active in the Dodgers upcoming free agency period, in the summer of 2013.
This is a historic moment in many ways, as Magic will be the first black owner of any Major League Baseball team in the history of the sport. It is also a record breaking moment, as the $2 billion purchase is unprecedented. The Chicago Cubs were bought for over $860 million and no team has surpassed the billion dollar threshold. The LA Dodgers were also the first professional baseball team to sign a black player in Jackie Robinson.
Magic Johnson and company doubled that. In a statement, Johnson announced his excitement for becoming a owner in the MLB,
"I am thrilled to be part of the historic Dodger franchise and intend to build on the fantastic foundation laid by Frank McCourt as we drive the Dodgers back to the front page of the sports section in our wonderful community of Los Angeles."
It will be interesting to see what lies in store for the slumping franchise. Although, with the runner-up MVP in Matt Kemp, a championship mindset in new owner Magic Johnson, and more money than I would know what to do with - the team looks to make an immediate impact now in the National League in MLB as a whole.
Congratulations to Magic Johnson and the Chicago-based Guggenheim Partners.