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Magic Johnson, Stan Kasten teaming up to bid on the Dodgers

Dec 2, 2011, 1:30 PM EDT

"The Mountaintop" Broadway Opening Night - Arrivals & Curtain Call Getty Images

Magic Johnson told Bill Plashcke of the Los Angeles Times that he’s putting together a group to buy the Dodgers.

His group includes Stan Kasten, the former president of the Atlanta Braves and Washington Nationals, and Mark Walter, chief executive of Guggenheim Partners.  To the extent that Major League Baseball has a say in who buys — and they will, although less than usual given the bankruptcy auction backdrop — having Kasten on board is pretty big.  He’s a favorite of Selig’s, who put Kasten together with the Lerners in Washington when they bought the Expos/Nationals.

Johnson — while clearly the face of this group — would be more than a mere figurehead.  He has sports ownership experience given a previous stake in the Lakers and a stake in the Dayton Dragons minor league team.  He’s sort of a renaissance mogul, with numerous business and philanthropic interests.

UPDATE: According to the Associated Press, Johnson confirmed his interest via Twitter: “I’m excited to have the opportunity to be part of the Dodgers legacy & bring a World Series championship back to LA.”

  1. SmackSaw - Dec 2, 2011 at 1:45 PM

    From a PR point of view, this would be fantastic. Los Angeles fans love them some Magic.

    • florida727 - Dec 2, 2011 at 4:05 PM

      Couldn’t agree more. I like the fact that the link on the MSNBC.com home page to get you to read the article is entitled “Magic Johnson to Buy Dodgers”. Realistic title: “Magic Johnson Using Other People’s Money to Buy Dodgers”. Guess it couldn’t fit in the space allotted. :)

  2. phukyouk - Dec 2, 2011 at 1:46 PM

    Craig,

    just curious.. how old is that Pic. if its recent he looks pretty amazing for his age

    • SmackSaw - Dec 2, 2011 at 1:51 PM

      Good black don’t crack.

    • Craig Calcaterra - Dec 2, 2011 at 1:51 PM

      About a month old. It was taken at some event in mid-October.

      • phukyouk - Dec 2, 2011 at 1:55 PM

        Simply amazing.. Literally Living proof that you can live with a life threatening Disease like his and still LIVE.. yea i know that the money helps but i remember when the news broken in the early 90’s and EVERYONE was talking about how he would be gone within a few yrs…

  3. kpow55 - Dec 2, 2011 at 2:12 PM

    “To the extent that Major League Baseball has a say in who buys — and they will, although less than usual given the bankruptcy auction backdrop”

    Could this possibly open the window for Mark Cuban to sneak in around Selig’s “black ball”?

  4. natstowngreg - Dec 2, 2011 at 2:59 PM

    If Magic can get the money together, he could do a lot worse than Stan Kasten, as someone to improve the product on the field and do fix the deteriorating ballpark.

  5. whiskeyontherox - Dec 2, 2011 at 2:59 PM

    After letting McCourt into the owner’s fraternity with all the shadiness in his background, Magic and his group should be a no brainer. Mark Cuban should also be lurking around in the sale talks.

  6. shawndc04 - Dec 2, 2011 at 3:21 PM

    As a Nationals fan who saw and suffered Kasten, be careful what you wish for, LA. The guy’s a huckster.

  7. WhenMattStairsIsKing - Dec 2, 2011 at 3:44 PM

    If he bought the team, it would be…magic.

  8. lostsok - Dec 2, 2011 at 11:16 PM

    Magic would be a dream come true. A class individual who genuinely cares about his community. Name 10 millionaires you can say that about.

  9. maco88 - Dec 3, 2011 at 12:21 AM

    Will the Dodgers be wearing Forum Blue and Gold as alternate uniforms? If so, please no short-shorts!!

  10. mgflolox - Dec 3, 2011 at 1:28 AM

    Magic has always been passionate about being the best at whatever he does, whether it’s basketball or business. He will do whatever it takes to be a winner in any endeavor he attempts.

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