With the final payment received on the record $2.15-billion purchase price, Frank McCourt’s turbulent era of the Dodger ownership comes to an end. The team’s new ownership group, fronted by Magic Johnson and incoming club president Stan Kasten, includes Mark Walter, chief executive of the Chicago-based Guggenheim Financial, who arranged the financing and holds a controlling interest in the franchise.

ByTom

With the final payment received on the record $2.15-billion purchase price, Frank McCourt’s turbulent era of the Dodger ownership comes to an end. The team’s new ownership group, fronted by Magic Johnson and incoming club president Stan Kasten, includes Mark Walter, chief executive of the Chicago-based Guggenheim Financial, who arranged the financing and holds a controlling interest in the franchise.

Orioles manager Buck Showalter wins his 1,000th game as a major league skipper when the O’s defeat the Yankees, 7 – 1. Brian Matusz wins his first game in 11 months while Chris Davis and J.J. Hardy homer off loser Phil Hughes. Matusz had gone 0-12, 10.47 in 14 starts since beating the Athletics on June 6, 2011.

ByBaseball

Orioles manager Buck Showalter wins his 1,000th game as a major league skipper when the O’s defeat the Yankees, 7 – 1. Brian Matusz wins his first game in 11 months while Chris Davis and J.J. Hardy homer off loser Phil Hughes. Matusz had gone 0-12, 10.47 in 14 starts since beating the Athletics on June 6, 2011.

The sale of the Los Angeles Dodgers from Frank McCourt to “Guggenheim Baseball Management” becomes official. Mark Walter is the controlling partner, Stan Kasten is named team President, while basketball star Magic Johnson is a part owner and one of the public faces of the new ownership group. The group paid a record $2.15 billion for the team. The Dodgers then start the new era on the right foot, beating Colorado, 7 – 6, in spite of nearly blowing a 7 – 0 6th-inning lead. Dee Gordon hits his first major league homer, Mark Ellis has four hits, and A.J. Ellis has a homer and 3 RBI for L.A.

ByBaseball

The sale of the Los Angeles Dodgers from Frank McCourt to “Guggenheim Baseball Management” becomes official. Mark Walter is the controlling partner, Stan Kasten is named team President, while basketball star Magic Johnson is a part owner and one of the public faces of the new ownership group. The group paid a record $2.15 billion for the team. The Dodgers then start the new era on the right foot, beating Colorado, 7 – 6, in spite of nearly blowing a 7 – 0 6th-inning lead. Dee Gordon hits his first major league homer, Mark Ellis has four hits, and A.J. Ellis has a homer and 3 RBI for L.A.