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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.

Ever wonder what umpires and players say to each other during arguments?

LAKELAND, FL - FEBRUARY 27:  J.D. Martinez #28 of the Detroit Tigers poses during photo day at Joker Marchant Stadium on February 27, 2016 in Lakeland, Florida.  (Photo by Rob Carr/Getty Images)
Rob Carr/Getty Images
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Tigers outfielder J.D. Martinez was ejected by home plate umpire Mike Everitt after he struck out looking in the bottom of the sixth inning of Saturday’s game against the Angels. He had a brief conversation with Everitt, which resulted in Martinez getting ejected.

MLive.com’s Evan Boodbery spoke to Martinez about what happened and got a word-for-word recollection of what happened. If you’ve ever wondered what umpires and players say to each other during their arguments, here’s a look:

No one has ever accused umpires of having thick skin.

Martinez finished the game 1-for-3. After an 0-for-4 performance on Sunday, he’s hitting .315/.377/.561 with 18 home runs and 52 RBI in 385 plate appearances.

Josh Donaldson pads MVP case with a three-homer day

TORONTO, CANADA - AUGUST 28: Josh Donaldson #20 of the Toronto Blue Jays hits his second home run of the game in the seventh inning during MLB game action against the Minnesota Twins on August 28, 2016 at Rogers Centre in Toronto, Ontario, Canada. (Photo by Tom Szczerbowski/Getty Images)
Tom Szczerbowski/Getty Images
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Reigning American League MVP Josh Donaldson padded his case for the 2016 AL MVP Award and helped the Blue Jays overcome the Twins by slugging three home runs in a come-from-behind victory on Sunday afternoon.

Donaldson broke a 1-1 tie in the third inning with a solo home run off of Twins starter Kyle Gibson. He gave the Jays a 6-5 lead in the seventh inning when he drilled a two-run home run to center field off of reliever Pat Light. And he bolstered the Jays’ lead to 9-6 in the ninth with another homer to center field off of Alex Wimmers.

Here’s video of home run number two:

After Sunday’s performance, Donaldson is hitting .294/.407/.578 with 33 home runs and 91 RBI. In the AL, Donaldson’s 6.9 WAR trails only Angels outfielder Mike Trout (7.2) according to FanGraphs. Jose Altuve, another strong candidate, is at 6.7. Mookie Betts sits at 6.5 and Manny Machado has an even 6.0.