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


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.”

Royals sign Justin Grimm to a one-year, $1.25 million deal

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The Royals signed free agent reliever Justin Grimm to a one-year, $12.5 million deal, the club announced Sunday. Grimm can earn up to $300,000 in additional incentives, the specifics of which have yet to be disclosed.

The 29-year-old right-hander was released by the Cubs on Thursday. Prior to his release, he was slated to make $2.2 million after losing his arbitration case against the team. Grimm polished off a five-year campaign with the Cubs in 2017 and produced an unimpressive 5.53 ERA, 4.4 BB/9 and 9.6 SO/9 over 55 1/3 innings.

In a corresponding move, right-hander Sam Gaviglio was designated for assignment. He pitched in five games for the Royals this spring, racking up 13 hits, eight runs and seven strikeouts in seven innings.