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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.

Tim Tebow already offered a winter league contract

ARLINGTON, TX - DECEMBER 31:  Broadcaster Tim Tebow of the SEC Network speaks on air before the Goodyear Cotton Bowl at AT&T Stadium on December 31, 2015 in Arlington, Texas.  (Photo by Scott Halleran/Getty Images)
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Today Tim Tebow will work out for 15-20 major league scouts. But even if they all pass on him, he has a job lined up. Jeff Passan reports that Tebow has already been offered a contract for the Venezuelan winter league.

The club offering is Aguilas del Zulia, a five-time champion of the Venezuelan Professional Baseball League and two-time Caribbean Series winner. Passan says that they sent a contract to Tebow’s agents. He says that Tebow is interested in playing winter ball.

Winter ball is an interesting beast in that, unlike indy ball it’s not about the gimmicks and unlike the minor leagues it’s not about player development. While big league clubs often send prospects there to get seasoning, the Venezuelan and Dominican clubs want to win and routinely cut even established professional players in mid-season if they’re not pulling their weight.

Which could be interesting for Tebow, given his lack of experience and the fact that he would, by necessity, have to learn on the job.

And That Happened: Monday’s scores and highlights

NEW YORK, NY - AUGUST 29: Yoenis Cespedes #52 of the New York Mets flips his bat after hitting a walk off home run in the tenth inning to defeat the Miami Marlins 2-1 in a game at Citi Field on August 29, 2016 in the Flushing neighborhood of the Queens borough of New York City. (Photo by Rich Schultz/Getty Images)
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Here are the scores. Here are the highlights:

Indians 1, Twins 0: Tied at zero for nine innings and then, in the tenth, the Indians use a bunt single, a single, a fielder’s choice and then a final, walkoff single by Jason Kipnis to send the Twins to their 11th straight loss. The win was fun and stuff, but Cleveland has scored one run or less in seven of its last eight games and that’s kinda concerning.

Blue Jays 5, Orioles 1: Stop me if you’ve heard this one, but Josh Donaldson homered. So did Jose Bautista. Toronto keeps a two-game lead over the Red Sox, who also won, for the division lead, while Baltimore falls four games back. It’s getting a bit scary for the Orioles, who have lost four of five and are now only one game ahead of the Tigers and two games ahead of the Royals and Astros for the second wild card.

Nationals 4, Phillies 0: Seven shutout innings for Tanner Roark in which he allowed only four singles. If you’re a fan of the rebuilding Phillies take some solace that Jake Thompson pitched pretty well. Also ignore the fact that Jayson Werth, who was a member of your last World Series winning team, hit a homer against your guys.

Red Sox 9, Rays 4: Rick Porcello wins his 18th game. Brock Holt had three hits and drove in two, Chris Young hit a tie-breaking two-run double and Mookie Betts hit his 30th homer. If you’re handicapping the Cy Young race, know that while Porcello leads all of baseball in wins and tops the AL in K/BB ratio, he is tenth in ERA in the AL, ninth in strikeouts and is first in run support. Really nice season and kudos to him to not giving up free passes, but I don’t think it’s safe to say he’s the best in the Junior Circuit.

Tigers 4, White Sox 3: Jarrod Saltalamacchia homered with a runner while the Tigers were down one in the eighth inning to put them ahead for good. Big day for Salty yesterday as he also got on record saying “it’s pretty disgusting” for someone to exercise their First Amendment rights.

Mets 2, Marlins 1: Yoenis Cespedes hit a walkoff homer in the tenth to bring the Mets into a tie with the Marlins, two and a half back of St. Louis for the second wild card. New York got five shutout innings from Rafael Montero to help balance out Jose Fernandez’s six scoreless frames for Miami. Jose Reyes scored on a wild pitch to tie things up at one in the eighth. It looked pretty ugly too, as Reyes slid in head first as the Marlins pitcher covering came in sliding on his knees, slamming into him:

Cardinals 6, Brewers 5: Down by two, the Cardinals scored two in the eighth and then one in the ninth when Jonathan Villar‘s throw to first to nail a bunting Yadier Molina was wild, allowing Stephen Piscotty to score from second. Mike Matheny after the game, commenting on that play:

“Put pressure on them. That’s it. Make them make plays.”

Because he knew that would happen and not result in a double play, which it almost did?

Rangers 6, Mariners 3: Yu Darvish allowed three runs – two of them were on base when he left and were allowed to come around by the reliever who inherited them —  but struck out nine in six and two thirds innings while Carlos Beltran had three hits including a homer.

Cubs 8, Pirates 7: Chicago rallied for two in the eighth and one in the ninth to force extras and then, down by one in the bottom of the 13th, rode four singles to score two and win the game in walkoff fashion. Miguel Montero‘s bases loaded pinch hit to left field off of Jeff Locke plated the game-winner in the form of Kris Bryant. This was a five hour game that went after midnight on the heels of the Cubs not getting back to Chicago until the wee hours Monday morning due to a delayed flight from Los Angeles.

Astros 6, Athletics 0: Joe Musgrove and four relievers combined for a four-hit shutout. “Joe Musgrove” would also be an excellent name for a backup quarterback. You know, that senior who, outside of garbage time in blowouts, has held the clipboard for all four years but who, when that golden boy recruit who was supposed to be so special stumbles in week three vs. Tulsa or whoever, you are convinced would be a better choice. Face it, dude: he’s not that good and will likely be a graduate coaching assistant next year. Maybe some CFL time at most on the power of him coming from this program and working in this system, but you’re spending too much of your time laying your wishes on his blank canvas of a college career. It’s a nice fall day for crying out loud, enjoy the game if you want to, but maybe spend some time outside before and after and gain some perspective.

Royals 8, Yankees 5: Close until the seventh inning when the home team struck for five. Alicides Escobar of all people hit a three-run homer that inning and Kansas City added two more to make it 8-1. They then held on as the Yankees rallied for four in the eighth. The Royals won for the 18th time in 22 games, closing to within two games of the second AL wild card.

Rockies 8, Dodgers 1: I repeat, close until the seventh inning when the home team struck for five. This time Alicides Escobar did not hit a three-run homer because he wasn’t there. DJ LeMahieu hit a two-run double, though. Earlier Nick Hundley hit for a two-run homer.

Angels 9, Reds 2: Mike Trout, Albert PujolsKole CalhounC.J. Cron and Jefry Marte all hit homers. Trout, Calhoun, Pujols and Marte all were a triple shy of the cycle. Which, as I noted the other day is not really a thing, but it’s a thing when four different dudes do it, I think.