Stories Related to Dodgers Sold For Nearly $1.6 Billion In Cash Plus Debt Assumption, Court Records Show

Magic Johnson

Guggenheim Baseball L.P. will also assume about $400 million in debt in record-setting deal for a sports franchise.Guggenheim Baseball L.P. is paying $1,587,798,000 in cash and assuming debts of no more than $412,200,000 to buy the Dodgers from Frank McCourt, according to documents filed Friday afternoon in U.S. Bankruptcy Court.

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