Magic Johnson’s group agrees to buy Dodgers for record price of $2 billion

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UPDATE: Here’s the text from the press release, officially announcing word of the agreement between the two sides:

The Los Angeles Dodgers and Frank McCourt today announced an agreement under which Guggenheim Baseball Management LLC (“GBM”) will acquire the Los Angeles Dodgers for $2 billion upon completion of the closing process.  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.

The Los Angeles Dodgers stated, “This transaction underscores the Debtors’ objective to maximize the value of their estate and to emerge from Chapter 11 under a successful Plan of Reorganization, under which all creditors are paid in full.”

Frank McCourt stated, “This agreement with Guggenheim reflects both the strength and future potential of the Los Angeles Dodgers, and assures that the Dodgers will have new ownership with deep local roots, which bodes well for the Dodgers, its fans and the Los Angeles community.  We are delighted that this group will continue the important work we have started in the community, fulfilling our commitment to building 50 Dream Fields and helping with the effort to cure cancer.”

Earvin “Magic” Johnson stated, “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.”

11:08 PM: Whoa. Dennis K. Berman of the Wall Street Journal reports that Johnson’s group have agreed to purchase the Dodgers for $2 billion. One would think this offer would be good enough to include the parking lots, right?

The good news is that Dodgers fans will have the most popular sports figure in Los Angeles as part of the new ownership group, but McCourt is going to walk away from this thing filthy, stinkin’ rich.

11:06 PM: It’s Showtime.

Details are scarce at the moment, but Ken Gurnick of MLB.com reports that the Dodgers have reached an agreement to be sold to the group led by Magic Johnson and longtime MLB and NBA executive Stan Kasten.

MLB owners had approved the groups led by billionaire hedge-fund manager Steve Cohen and St. Louis Rams owner Stan Kroenke, but outgoing owner Frank McCourt has apparently identified Johnson’s group as the winning bidder. No word yet on the exact terms, but most estimates had the sale price to exceed $1.5 billion, which would establish a new record for a North American sports franchise.

Bruce Maxwell first MLB player to kneel during National Anthem

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Athletics’ rookie catcher Bruce Maxwell did not stand for the National Anthem on Saturday night. He’s the first MLB player to do so and, like other professional athletes before him, used the moment to send a message — not just to shed light on the lack of racial equality in the United States, but to specifically protest President Donald Trump’s suggestion that NFL owners fire any of their players who elect to protest the anthem by sitting or kneeling.

“Bruce’s father is a proud military lifer. Anyone who knows Bruce or his parents is well aware that the Maxwells’ love and appreciation for our country is indisputable,” Maxwell’s agent, Matt Sosnick, relayed to the San Francisco Chronicle’s Susan Slusser on Friday. He continued:

Bruce has made it clear that he is taking a stand about what he perceives as racial injustices in this country, and his personal disappointment with President Trump’s response to a number of professional athletes’ totally peaceful, non-violent protests.

Bruce has shared with both me and his teammates that his feelings have nothing to do with a lack of patriotism or a hatred of any man, but rather everything to do with equality for men, women and children regardless of race or religion.

While Maxwell didn’t make his own statement to the media, he took to Instagram earlier in the day to express his frustration against the recent opposition to the protests, criticizing the President for endorsing “division of man and rights.”

Despite Trump’s profanity-laced directive to NFL owners on Friday, however, it’s clear the Athletics don’t share his sentiments. “The Oakland A’s pride ourselves on being inclusive,” the team said in a statement released after Maxwell’s demonstration. “We respect and support all of our players’ constitutional rights and freedom of expression.”

Whatever the fallout, kudos to Maxwell for taking a stand. He may be the first to do so in this particular arena, but he likely won’t be the last.

Alex Wilson broke his leg on a 103-MPH comebacker

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This one is brutal. Tigers’ right-handed reliever Alex Wilson was diagnosed with a broken leg after taking a blistering 103.8-MPH line drive off of his right leg during Saturday’s game against the Twins. According to the Detroit News’ Chris McCosky, it’s a non-displaced fibular fracture, but will still warrant an extended recovery period and signal the end of Wilson’s season.

Wilson replaced Drew VerHagen to start the eighth inning and worked a full count against Joe Mauer. Mauer roped an 93.3-MPH fastball back up the middle, where it struck the pitcher on his right calf. While Mauer took first base, Wilson got to his feet and tried to toss a warm-up pitch, but was in too much pain to continue and had to be helped off the field.

Even in a season that isn’t going anywhere in particular, this isn’t how you want it to end. The Tigers have yet to announce a recovery timetable for the 30-year-old reliever, but he won’t return to the mound until 2018. He exited Saturday’s outing with a 4.35 ERA, 2.3 BB/9 and 6.3 SO/9 over 60 innings.

The Tigers currently trail the Twins 10-3 in the bottom of the ninth inning.