Magic Johnson now owns the LA Dodgers

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 6 years ago '04        #21
Motion 817 heat pts817
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 ttime236 said:
You learn something new each day. I did not know Magic had it like that with the finances

How the hell did he build that type of wealth?


did you even read what it said?

Magic is part of the ownership group that bought the team. he didn't by them of by himself

he's just the most famous person in the group so that's why he's mentioned

it's the same exact scenario as when Jay-Z was part of the group that bought the Nets years back
 6 years ago '05        #22
carden2 15 heat pts15
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 ttime236 said:
You learn something new each day. I did not know Magic had it like that with the finances

How the hell did he build that type of wealth?
because it was a group of people he led who bought them
 6 years ago '04        #23
A.G 27 heat pts27
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 Motion said:


did you even read what it said?

Magic is part of the ownership group that bought the team. he didn't by them of by himself

he's just the most famous person in the group so that's why he's mentioned

it's the same exact scenario as when Jay-Z was part of the group that bought the Nets years back
Jay-Z's "team" bought a minority share of the Nets. Dude owns like 1% of the team.

Magic will probably be a majority owner..


Dude has LONG money.
 03-27-2012, 10:34 PM         #24
breakingbad 
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magic has a lot of money......He doesn't fu*k around when it comes to business
 6 years ago '04        #25
MGz 953 heat pts953
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That's what's up...magic worth like 750..he prolly the majority owner
 03-27-2012, 10:34 PM         #26
Louie V Slugga 
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Cot damn McCourt ran the franchise as poorly as possible....and quadrupled his investment.
 6 years ago '07        #27
Cambury 39 heat pts39
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 Motion said:


did you even read what it said?

Magic is part of the ownership group that bought the team. he didn't by them of by himself

he's just the most famous person in the group so that's why he's mentioned

it's the same exact scenario as when Jay-Z was part of the group that bought the Nets years back

Nah Magic share will be waaaay larger than Jay-Z, Ratner included Bubblelip Shawn to make the transition to BK smoother
 6 years ago '10        #28
sho 2010 196 heat pts196
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Bout to see Kobe Pitching
 6 years ago '12        #29
44wade 289 heat pts289
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magic is minority owner



The purchasing group includes Mark R. Walter as its controlling partner, as well as Earvin “Magic” Johnson, Peter Guber, Stan Kasten, Bobby Patton and Todd Boehly. Mr. McCourt and certain affiliates of the purchasers will also be forming a joint venture, which will acquire the Chavez Ravine property for an additional $150 million.
 03-27-2012, 10:39 PM         #30
breakingbad 
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 Cambury said:
Nah Magic share will be waaaay larger than Jay-Z, Ratner included Bubblelip Shawn to make the transition to BK smoother
jay z basically got his shares for free but jay did say he wants to buy more shares
 6 years ago '11        #31
maxnn 129 heat pts129
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2 billion? I don't think the yanks are even worth that much according to forbes


Last edited by maxnn; 03-27-2012 at 10:47 PM..
 6 years ago '07        #32
Cambury 39 heat pts39
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 maxnn said:
2 billion? I don't think the yamks are even worth that much according to forbes
Dodgers got fans on both coasts still, I could see it being worth it with a couple big personnel moves.
 6 years ago '04        #33
GarySanchize24 239 heat pts239
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[pic - click to view]



dat aids money long
 6 years ago '04        #34
hockeythug 66 heat pts66
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 maxnn said:
2 billion? I don't think the yanks are even worth that much according to forbes
Yankees are at 1.85 according to them
 6 years ago '04        #35
GarySanchize24 239 heat pts239
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thats crazy, they let a black man own a mlb team before mark cuban
 6 years ago '05        #36
Bea5T 137 heat pts137
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 Motion said:


did you even read what it said?

Magic is part of the ownership group that bought the team. he didn't by them of by himself

he's just the most famous person in the group so that's why he's mentioned

it's the same exact scenario as when Jay-Z was part of the group that bought the Nets years back
Seriously

I swear some people on boxden HAVE got to be in the slow class
 6 years ago '11        #37
maxnn 129 heat pts129
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Apparently Stan Kasten will run the team.
 6 years ago '06        #38
Rique 60 heat pts60
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2 billion sounds like wayyyy too much for a bankrupt team. I wish the Wilpons would sell the damn Mets.
 6 years ago '04        #39
tazbk 1 heat pts
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2 fukking billy?!?!?!?!?!

Good damn!!!

That means the Yankees would go for 5 billy on the open market.
 6 years ago '04        #40
tazbk 1 heat pts
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*note

Mark Walter will be the CEO and controlling owner
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