The proposed $2.15 billion sale of the Los Angeles Dodgers to a group primarily financed by Guggenheim Partners and led by longtime sports executive Stan Kasten and NBA legend Magic Johnson is not yet a done deal. Major League Baseball and the 29 other ownership groups must formally approve the sale and U.S. Bankruptcy Judge Kevin Gross must be assured that it will enable current owner Frank McCourt to pay off his creditors.
Hurdles remain before sale will be complete
Published March 28, 2012 at 12:35 PM
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