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Johnson signs on to lend his magic to Dodgers

Posted: Mar 28, 2012 6:26 PM by Jacqui Heinrich

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LOS ANGELES (AP) - Magic Johnson is about to learn $2 billion only buys you so much. Now he'll need to bring the Los Angeles Dodgers the same success he brought the Lakers.

News that Johnson and his partners agreed to purchase the team sparked a groundswell of excited chatter and optimism Wednesday that the man who ran "Showtime" could restore luster to the once-proud franchise.

The amount Johnson and his partners are paying would be mind-blowing if it was just for the team itself. But it also gives Johnson's group the right to reel in future riches from TV and real estate associated with the Dodgers.

Topics: Magic Johnson, LA Dodgers, Lakers

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